The Expert Podcast

We've talked about this before and this is actually an older article but we're seeing more and more of these smaller companies being targeted by cyber criminals doing cyber attacks ransomware on smaller companies and the reason why they're targeting smaller companies is even though their reward might be smaller look you're not going to get a $10 million Ransom from you know Joe's hamburger Shack but it's easier to break into these companies because many companies don't have the same level of cyber defenses as a larger tech company will.

So if you have a small landscaping business or a furniture store or uh a local Tile Shop they have maybe three or four computers a router a Wi-Fi and it's easy to break into those networks and if you shut down their computer as a hacker and tell them look send us five grand 10 grand and we'll turn you back on it's a lot easier to do that than it is to try to break into IBM and get $10 million so you're going to see a higher percentage of these hackers targeting these smaller and mediumsized family businesses.

So what can these businesses do well you can't hire a full-time it person to sit around all day and try to fight off hackers your video will be back in 8 seconds in the meantime remember you have access to live oneon-one consultation on undivided attention of a licensed certified expert in this subject and many others we want to listen to your story we want to hear your questions and give you expert advisement of your options we want to tell you what we know about your situation and what options you have now back to your video.

There are some third-party monitoring systems many times you can get that for free with a cyber insurance policy and again we're biased we are uh commercial Insurance Brokers you can click the link below U to get more information but many times you can buy a reasonable cyber liability insurance policy you know thousand bucks a year whatever it is and you can get free monitoring and also a response team so if you are hit by a hacker you pick up the phone you say hey insurance company I got a Cyber attack no problem we'll take care of it and they have a response team that can help out.

So even though it's an extra expense and you know nobody likes to add a th000 or 2,000 or 500 a year for more insurance that you think you already have enough of it may be something where you're buying more than just Insurance you're actually getting some free employees that monitor your network can respond to a hack so that worst case scenario you don't roll in on a Monday morning and all your computers are bricked and locked down and you can't get the payroll account's payable your Billings your website is down and you're losing business so it's something to think about um if you want more information you can click the link and talk to um a certified licensed Commercial Insurance producer to maybe see what options are available to your company.

Thank you for watching another episode of actual human advisory on described TV remember we have live one-onone consultation appointments available at actual human.com where you can book a one-on-one undivided attention live call with a licensed investigator a licens insurance broker a licensed mortgage broker real estate broker uh I'm also a certified real estate title examiner a certified civil court mediator along with having developed and started over 15 businesses several of which were sold for millions of dollars so so if you do have questions in any of those categories you can arrange a one-on-one live video consultation use the link below and we'll see on the next video.