Information security and cybersecurity are increasingly important as data becomes more easily accessible and transferable. There is often confusion about what each term refers to, and while there is overlap between the two concepts, they are not synonymous.
Information Security Defined
Information security is a broad term describing the systems and processes used to protect data. Said data can be intellectual, physical, or digital.
For example, a company should have information security practices detailing how sensitive data should be handled and stored. Security practices could include how to access physical or digital files, who is granted access, and where you can access them from.
Cybersecurity Defined
Cybersecurity is a subcategory of information security specifically focused on electronic systems and networks. Furthermore, most data is now stored and communicated via computers and other electronic devices, making cybersecurity extremely important.
Generally, a business’s cybersecurity practices may include Multi-Factor Authentication, data encryption, and anti-virus software to protect information from hackers and ransomware.
How to Keep Your Business Protected
Cyber Liability insurance is important to protect the business in the event of a data loss or breach to a business itself and/or their customers.
Overall, robust information and cybersecurity practices paired with the right commercial insurance policy are the best ways to keep your business protected. Your trusted insurance professional can guide you toward suitable options for your unique situation.
Please contact Steve Longenecker (303-808-9351, x2) at Mountain Insurance: Longmont to discuss your business insurance coverage options in Longmont, CO, and our neighboring communities.
We give out $25 gift cards for referrals that become our insurance clients.
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