A new CNA blog item offers a number of tips for businesses to strengthen their management of cyber risks. Written by CNA’s David Hallstrom, director of Information Risk Insurance, the write-up encourages businesses to:

  • Perform a risk assessment to identify system vulnerabilities and understand how their data is managed and secured.
  • Develop a communication and training strategy for everyone who helps manage cyber risks at the company.
  • Know their vendors and take reasonable steps to ensure they are able to protect your sensitive information.
  • Address portable devices and make sure they are encrypted if they end up lost or stolen.
  • Make sure they have proper insurance coverage to address potential security breaches.

Source: CNA