However, given that the password ‘123456’ has been found 23 million times in global breaches, these strict requirements are in our best interests. Here, we look at some of the common mistakes that play into the hands of hackers and how to make sure your passwords are as secure as they can be.
Having a robust password policy as part of your cyber risk management plan is critical for a business if it is to reduce the threat of cyber attacks, which fundamentally could result in breaches of computer systems and losses of personal and confidential data.
Islands Insurance has partnered with Cyber Insurers who can offer an insurance solution for all companies and budgets. As part of the Cyber insurance, many of our Insurers provide access to complementary risk management tools and resources, which in conjunction with a robust password policy can reduce the risk of uninvited parties gaining access to your computer system and avoid the disruption, financial loss and reputational damage that a company may be faced with as a consequence.
If you require a cyber-crime quotation, require advice as to the types of cyber exposures your business may be exposed to or any further information in regards to the covers and risk management solutions available, please contact Mike Norbury at Mike.Norbury@islands.je