Internet Security: Protecting Your Insurance Business
With technology increasing almost every day-and criminals always on the lookout for ways to illegally benefit-Internet security now tops the list of concerns for insurance agents.
As larger companies stop criminals and hackers dead in their tracks using online security methods, smaller agencies are becoming a tempting target for criminals in cyberspace.
But protecting yourself and your business is possible when you first arm yourself with the facts, and then take action.
Just the Facts
Recent surveys reveal that 85 percent of independent agents consider viruses and worms their major fear, while 50 percent worry more about hackers.
Since studies show that approximately one in 16 emails carries a virus and 70 percent of security risks come from within, this seems a valid concern for agencies doing business online.
In 2004, Internet crime cost businesses $17.5 billion-the highest rate yet reported, and an increase of 30 percent over 2003. As the amount and frequency of online attacks increase, this number will only continue to climb.
Fighting Back
To minimize financial loses created by Internet security threats, the smaller agency or independent broker must join the effort to shore up online defenses.
As phishers and hackers unleash new viruses and schemes in the online community every day, these businesses must brace themselves to fight back.
If you're an independent agent or small business owner struggling against these issues, you're not alone. But, by becoming proactive, you can overcome these lingering threats and protect your agency successfully.
Formula for Success ??
Experts recommend taking the following measures to arm yourself and your business against online security threats:
- Install anti-virus software and update it regularly
- Purchase and run anti-spyware utilities
- Make employees aware of?? the latest scams, and encourage them not to open suspicious or unsolicited emails
- Disable passwords and system access immediately when employees depart
- Shut out spyware by discontinuing use of Windows 95 or 98
- Sign up for Microsoft security updates, and keep your computer equipped with the latest technology
- Secure wireless networks with equipment supportive of Wi-Fi-protected access encryption
- Set up an Internet firewall
- Use strong tracking methods, such as digital certificates or tokens; or robust passwords at least eight characters long, and including letters, numbers and symbols
While not one of these steps alone can completely shelter your business, together they can lessen your chances of contracting a system-disabling virus or opening your business up to online hackers.
Taking Control
Don't let your agency fall victim to Internet crime.
By taking a few precautionary measures and arming yourself with the facts, you can stop worrying, take control…and move ahead with confidence!
This information was provided by InsureMe, the leader in online insurance leads for the insurance industry. Since 1993, InsureMe has helped thousands of insurance agents succeed in the insurance business by providing top-quality leads that are both detailed and affordable. For more information on InsureMe leads, please visit our agent Web site at www.agent.insureme.com.
