No doubt, having an MSP to manage the IT requirements of your dental practice offers multiple benefits. But, be sure to consider the following before you sign up with one.
In our last blog, we discussed 2 of the 5 important IT checklists that every SMB should have. In this post, we cover the other 3, namely, IT training, Data Backup, and BYOD checklists.
What is cyber insurance
With cybercrime becoming a major threat to businesses across the world, irrespective of their size, cyber insurance is fast becoming a necessity more of a necessity than a choice. However, the concept of cyber insurance is still fairly new and not many SMBs are aware of its benefits. Cyber insurance is an insurance that covers your liability in the event of your business becoming a victim of cybercrime. For example, a data breach puts you at risk of lawsuits, makes you liable to your customers/other parties whose data has been compromised because of/via your organization. Cyber insurance covers the financial aspect of such liabilities, making it easier for you to deal with them.
When you look at all the ways that your data can be placed at risk, it can be pretty discouraging. As discussed in our last two blogs, data is at risk from bad actors, failed hardware, human error and external events largely beyond anyone’s control. However, there are a range of solutions, some of which can be money-saving, that can help mitigate risk. Here are four key areas on which to focus.
We hear a lot of talk about data security because of the constant threat of cyber attacks and hacking. News of data breaches are extremely common. As a result, we are exceptionally concerned about the branding and reputation consequences of a data breach. However, there are other events which could occur that make our data inaccessible. It is important to know you are doing the best you can to protect against cyber attacks, ransomware and other forms of data theft, but data security goes beyond that. Instead, let’s look at data from a broader perspective.
Disaster recovery is a basic element of good business continuity planning. Business continuity planning refers to the broad range of plans created so that a business–that includes veterinary practices–can continue to be operational no matter what negative event might occur. Business continuity planning addresses severe, catastrophic events, loss of the lead doctor, director, or other principals in the organization, severe natural disasters that incapacitate a physical location, etc. Disaster recovery planning is one piece of this broad planning. Specifically, disaster recovery plans refer to how to quickly recover from some event that compromises your IT infrastructure.
We hear routinely in the news that a major corporation or government agency has had its data integrity compromised, with millions of pieces of personal data accessed. In these cases the criminals behind the attack hope to get money by selling that data to other criminals. In the case of ransomware, the criminals want your money, and try to get it by holding your data hostage. Plain, old fashioned kidnapping with a hi-tech spin.
What can you do to avoid falling victim?
BYOD refers to a firm’s policy of allowing employees to use their own personal phones, tablets and laptops for all their work applications.This is a pretty common policy, and it has many benefits, but it brings along risks. How are you addressing these risks?
Disaster recovery and business continuity plans are issues that almost all small businesses fail to think about. More frequently, they decide they haven’t the resources to address such “unthinkables.”
If your business was down for 1-2 days or more, what costs would you incur?
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