A business data breach can be devastating to any company, not only because it exposes your customers’ personal information, but also because it puts the entire business at risk. There are a number of different types of data breaches that can occur, which include data theft, data corruption, and employee error. Each one of these has different consequences that can range from a few negative effects to extremely negative ones. Are you looking to get a business data breach report? If so 360Cyber can help. We can provide you with a detailed business breach report.
The most common type of data breach for small businesses is data theft. This can be particularly problematic because of how most small businesses don’t have a dedicated IT department. Instead, all of the data is stored on files, computers, servers, and other electronic devices. This means that small businesses are the ones most prone to data breaches, because they are the ones who can’t keep their information secure and safe.
Data corruption is another common problem for small businesses. This occurs when data on a computer is lost, stolen, or corrupted for whatever reason. This can either be caused by viruses or human error, but either way, this is still a very serious type of small business data breach.
One of the most severe types of data breaches is identity theft. Identity theft is when an outside party obtains your personal information, such as your social security number, credit card numbers, and other sensitive information. Afterward, the party uses your information to make purchases or open accounts in your name. These actions could affect your ability to get loans and credit, and as a result, could negatively impact your business.
There are all different types of data breaches, but one that is often overlooked is server breakdowns. Servers are used everywhere in the business world, because they store everything from incoming and outgoing web traffic, to emails, data, and important customer information. When servers go down, everything stops working, and small businesses often find themselves in a position where they have no access to their network or cannot access important data. Both these situations can lead to major financial losses and in some cases employees may be terminated.
Another type of business data breach involves internet scams. There are a lot of different scams out there that are centered around stealing or robbing individuals of personal information. Scams can range from stealing employee or business e-mail passwords to stealing credit card numbers. The number of scams has increased over the years, which has led many small businesses to place importance on protecting their network from internet scams. In fact, many small businesses conduct their business online.
As you can see, all these various types of data breaches can put any business at risk. However, there are some measures that any business can take to protect itself from these various problems. Small business data breach insurance covers a wide variety of different scenarios and can help to keep your business running as smoothly as possible. When you purchase this type of insurance for your business, you are protecting yourself from the most common and serious types of identity theft and cyber-crimes.
As previously mentioned, not every business will need to purchase business data breach insurance. Typically, businesses will only need to buy this type of insurance if they are the victim of at least five different types of data breaches in the course of a year. If you own your own business, it is strongly suggested that you also purchase this type of insurance to cover your personal information as well. By doing so, you are effectively protecting your personal information as well as your business. Get your business breach report from 360Cyber today.