Responding to a Cyber Breach Takes a Team
Small and mid-sized businesses may be the most vulnerable, and least prepared, to handle a cyber breach. Without employees trained to handle the technology, legal and public relations questions that a breach can bring, the effects on the business can be catastrophic.
The number of cyberattacks increase every year and almost all events require a team of people working together. One of the worst things that can happen is when companies try to go it alone.
Before a cyber event: Protecting data and training employees
Before a breach occurs, services from employee training to cyber assessments can help companies protect their systems and their data and make them better able to withstand an attempted attack. Backing up critical data and training employees to recognize and report a breach sooner can be critical steps in containing the damage.
As part of our offering Travelers Cyber Risk Services are available and include:
- Always-on threat monitoring and alerts: These tailored same-day threat alerts help to identify attacks before they escalate.
- Expert guidance: Receive personalized, step-by-step recommendations to help strengthen security and reduce risk.
- 24/7 access to the Cyber Risk Dashboard: Check for potential cyber exposures and view a network of preferred cybersecurity vendors.
Managing a cyber event: Knowing where to start
Travelers has created a network of cyber specialists to help manage the fallout of an attack. A cyber breach coach is an attorney specializing in cybersecurity events who can guide businesses in taking the right steps to recover in the critical hours and days following an attack. Acting as a first responder, the cyber breach coach helps triage response efforts, including isolating affected data, notifying customers and retaining forensics professionals.
After a breach, a company’s data is a virtual crime scene. Handling it properly requires a specialized skill set. The cyber breach coach can assemble a digital forensics team to help a company understand the scope of a breach, piece together and preserve evidence and help prevent future breaches.
Cyber breaches can also require a specialized crisis communications plan, especially if customers’ Personally Identifiable Information (PII) or Protected Health Information (PHI) is involved in the breach. The cyber breach coach might recommend that the company retain a crisis public relations professional to help protect the company’s brand and reputation, which may be covered by cyber insurance.
After a cyber event: The road to recovery
Even a seemingly small breach can disrupt a business and render its systems and computers inoperable. When it comes to businesses that rely on technology, minutes matter and having the right team can help your business recover sooner.
If a breach does take place, small to mid-sized businesses need not only an insurance policy that can help reimburse them for their expenses, but also access to a network of experienced professionals. At Travelers, our claims professionals, coupled with our partners that are experts in cybersecurity solutions, can bring the right solution to your particular event.
The right coverage your business or organization needs depends on your level of risk.
