Having your employees work from home can put your company at risk of cyber-attacks, especially when work is conducted across unsecured networks.
Remote work and work-from-home employees were used by many businesses before the outbreak of COVID-19, but the pandemic spurred a boom in this business model. Almost overnight, many companies adopted work-from-home strategies to stay afloat amid lockdowns that lasted months or even over a year in some states.
During this time, employees and their employers alike began to recognize the benefits that working from home provided. Companies saw increased productivity and an expanded pool of talent to hire from, and employees enjoyed saving time and money by eliminating their daily commutes, preparing more meals at home, and getting more sleep.
Increased Risk of Cybersecurity Threats
Despite these benefits, a work-from-home model might not benefit every company – especially those without the resources to invest in a robust cybersecurity scheme.
When all employers work at a common work site, employers can centralize their cybersecurity efforts by having everyone work off of a common network. When employees work from home – and from their own computers – employers may only be as protected as their most negligent employee.
Mitigating the Impact of a Data Breach
If an employer doesn’t wish to revoke work-from-home policies but also ensure that their company is protected from the impact of cybersecurity attacks, they should consider cyber liability insurance.
Believe it or not, small businesses are the most common targets for cybercriminals. This means that your company could be at risk of a costly data breach, but cyber liability insurance can insulate your company from liability for a breach.
Contact Insurance Specialists, Inc. to Learn More
If you want to learn more about how cyber security insurance can benefit a company like yours with work-from-home employees, reach out to Insurance Specialists, Inc. We can discuss your options for coverage and how you can protect your business and yourself in the event of a data breach.
For more information, don’t hesitate to contact us today!