What is a cyberattack, a databreach, or ransomware?

A cyberattack is an illegal attempt by hackers to damage or destroy a computer network or system, using the internet.  Half of small businesses are victims of a cyberattack.  Protecting your customer data is a business’s legal responsibility, but it is also about keeping your customers’ trust.

A databreach is an incident in which sensitive, protected or confidential data has been viewed, stolen, or used by an individual unauthorized to do so.  Stolen data may involve credit card numbers, personally identifiable information, personal health information, trade secrets or matters of national security.

Ransomware is a type of harmful software designed to limit or block access to a computer system until a sum of money is paid.  It can attack individuals as well as business computers.

Other cyber threats are email hacking and phishing.  Email hacking is the unauthorized access to, or manipulation of an email account.  Using anti-virus software and having a firewall are adequate for personal use, but this is often not enough for a corporate business.  Phishing is the attempt to obtain sensitive information such as usernames, passwords, account numbers, social security numbers, and credit card details often for malicious reasons, by disguising as a trustworthy individual or company in an email, or text.  Be cautious when opening attachments or clicking on links in emails.

Find out how cyber insurance can help protect you and your customers’ private information in case of a breach at grangeinsurance.com/cyber.



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