Is Your Nonprofit Prepared for Cyber Exposure

Safeguarding your nonprofit organization from cyber risks.  

In our ever increasing interconnected world, any business using the internet is at risk. While we rely more and more on digital marketing, communications, and storage, the severity and frequency of cyber attacks increases. Hackers are getting smarter, which is why it is important for your nonprofit to take preventative action. If you operate a cash-online lemonade stand, you can breathe easy. For everyone else, it’s important to protect your nonprofit from cyber exposure.

What is cyber exposure?

Cyber exposure refers to the risk associated with your electronic information being compromised or misused. Breaches can range from theft of your clients’ information, intellectual property infringement, or any personal injury sustained due to a cyber incident. Risks never cease to exist – computer viruses, identity theft, data theft, and more continue to develop.

How can my nonprofit avoided losses?

As a nonprofit, you may have limited funds and time to dedicate to this topic, but it’s important you consider it to safeguard your organization. Here are a few ways you can reduce cyber exposure and threats:

  • Understand your cyber risk by conducting a risk assessment to reveal vulnerabilities.
  • Establish an IT security policy that includes backing up data, secure data storage, data recovery, and the basics of creating a strong password.
  • Secure your network and mobile devices by making sure your anti-virus software is up to date and the firewalls are secure.
  • Take out cyber liability insurance.

It pays to take out reliable cyber liability insurance. Are you ready to secure the right coverage for your needs? Contact the experts at Colorado Nonprofit Insurance Agency, part of HUB International in Denver, Colorado at 303-894-0298.