Managing Cyber Risks for Small Businesses and Solopreneurs

 

If your business keeps any type of electronic records of customers, clients, employees, trade secrets, or other confidential information, a cyber attack or data breach is a serious risk.

  • 43% of cyber attacks target small businesses.
  • 60% of small companies go out of business within 6 months of a cyber attack.
  • 14% of small businesses rate their ability to mitigate cyber risks, vulnerabilities and attacks as highly effective.

 

But you don’t have to be one of those scary statistics! In this free workshop, you’ll learn how to:

  • Protect yourself from ransomware and malware, phishing, denial of service, identity theft, insider jobs, and more
  • Avoid liability from vendor contracts that require more security than you can provide
  • Practice good cyber hygiene
  • Outline reasonable security measures for your contractors to follow
  • Understand cyber insurance that provides the protection you need

 

The presentation will give a general overview of what cyber risks are, what happens if your business falls victim to a cyberattack or data breach (including civil/criminal penalties), what happens if you don’t review/negotiate contracts that have cyber provisions in them, and ultimately a review of cyber insurance (how it works, what it covers, and why you need it as a business owner).

Our presenter, attorney Chris Keefer, guides brands and product manufacturers through complex insurance and risk management scenarios. He has assisted manufacturers around the world in developing risk management strategies and has led the insurance program of a global medical device manufacturer. He has presented nationally on risk management and insurance issues.