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Deep Insurance > Blog > Business Insurance > “Enhancing Your Data Privacy Practices”
Business Insurance

“Enhancing Your Data Privacy Practices”

Gail
Last updated: 31/07/2023 15:16
Gail 2 years ago
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Information security measures should be a constant concern for all companies.

No matter how big or small your business is, it processes and manages information every day. Take the time at least once a year to review your privacy practices and reassess cyber security.

You can find free government resources to help protect your customer, employee and business information. U.S. Federal Commerce Fee has a Cybersecurity for Small Business web site that helps small businesses and nonprofits to be more aware of cybersecurity. This resource covers 12 different topics, including phishing scams, ransomware attacks, vendor security, cyber insurance, bodily safety, and tech support scams. Learn how cyberattacks work and what businesses can do to recover from an incident. Checklists are available to ensure you have the right cybersecurity measures in place.

Additional authorities assets keep you up-to-date on the most recent traits. You can, for example:

The Division of Health and Human Services provides HIPAA privacy information, including checklists and infographics.
To assist businesses with secure information, the Office for Civil Rights posts a monthly cyber awareness newsletter, which is also posted on the Well being Data Privacy web site:
Become more educated about the various safety threats and vulnerabilities in the healthcare industry.
What safety measures can be taken to reduce the risk of being exposed by these threats?
Reduce the risk of breaches of electronic protected health information (ePHI)
States have also adopted information security requirements to help companies protect the data they possess. Ohio became the first state, through its Cyber Ohio Initiative to offer incentives for compliance with nationally recognized safety frameworks, by offering tort protection through the passage of Ohio Information Safety Act. This law protects an enterprise from a negligence claim that alleges that a data breach was caused by the failure of this enterprise to implement low safety standards.

While Information Privacy Day is celebrated every January 28, you can celebrate your own Information Privateness Day by accessing the free resources and consulting your local independent insurance agent to get more information on loss control and assess your cyber insurance needs.

This information is only for your reference. This article is not intended to be a guide or a management tool for loss management. This article does not cover all possible exposures. The Cincinnati Insurance Firm, its representatives or associates do not provide legal advice. Consult your lawyer regarding your specific situation. For protection advice and service, contact your local, impartial insurance agent.

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