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Best In-Class Business Insurance for Technology Firms & IT Consultants
Many organizations risk cyber-attacks as hackers continue to devise creative strategies to hack systems and manipulate data. Statistics show that 93 percent of businesses experience cyber-attacks from external sources. These attacks affect companies in various industries.
Unfortunately, many companies risk losing data, fines, and hefty penalties due to a data breach. In this case, it is imperative to prevent cyber-attacks today and in the future. Here is a guide to help you understand more about cybersecurity.
A cyber-attack occurs when criminals use tricks to access systems and networks and manipulate data. Hackers steal sensitive data and use it for personal financial gain and other malicious intentions. Cyber-attacks occur in different forms, such as phishing, malware, and ransomware.
Fortunately, there are multiple strategies that an organization can apply to prevent cyber-attacks. Below are several effective techniques.
Data encryption is a strategy of managing data to limit data access to the right people using a decryption key. It is a vital consideration to keep your data safe from unauthorized access. This means attackers won’t have access to your data, thus, preventing data attacks.
Weak passwords are among the main reasons businesses experience cyber threats. When employees create weak passwords, it makes work easier for online hackers since they can guess the passwords and access systems.
Never underestimate hackers because they are smart at stealing passwords and manipulating data. The best way to prevent this is to encourage your employees to create strong passwords.
There is no better way to identify potential cyber-attacks than auditing your IT infrastructure. You should schedule frequent audits from an IT expert to help you determine whether your systems are safe.
The expert will check and update software, systems, and servers and ensure the system is secure. You do not want to wake up one day thinking that your IT systems are safe and later experience cyber-attacks that can stall your operations in the long run.
Employees play a crucial role in preventing cyber-attacks. They have access to your IT infrastructure and other internal networks and can easily get tricked by hackers, leading to data loss and business disruptions. In this case, it is best to set up policies and procedures protecting your business and customers from a data breach. Once you create the guidelines, let every employee know and follow up to ensure full implementation and execution.
A security breach can lead to significant liability. You may need to pay a lot of money to recover your data, notify affected customers, and respond to claims against you as a result of the breach. The right cyber liability coverage can help.
A cyber liability insurance policy can help cover losses, enabling you to continue operations. Cyber insurance can help: – Recover or replace data or records – Pay for legal claims against your business – Help you prevent further breaches – Negotiate with ransom demands
Even if you have not yet encountered a cyber-attack, a cyber liability policy can help protect you if that day arrives.
The above information clearly shows that a data breach can stall your business operations because of huge fines, penalties, and other expenses. It is best to secure your business today and safeguard its future. Contact us today for a free consultation about insurance coverage.
Let’s move back in time when important decisions had to wait till a partner overseas could create time to travel for a meeting. This practice was detrimental to the growth of businesses and could cause a backlog of services, hence delaying productivity.
Now, things have taken a paradigm shift. Zoom, Google meets, and other great tools have played a vital role in ensuring that businesses run as usual. If you think you’ve seen it all, hold your horses for more is yet to be unleashed.
This post seeks to highlight how businesses benefit from these apps and, even better, indicate the future of video conferencing.
So what are the advantages of these apps?
One could argue that communication is effective as long as information passes from one employee to another. Unfortunately, an email or audio meeting cannot suffice as productive communication in some scenarios.
There is a need for people to interact one-on-one to ensure they discuss a matter appropriately. As such, video conferencing comes in handy.
With a video conference, clients feel appreciated, and one is likely to close a deal through a video conference. The same can’t be said about emails or any other form of communication that does not portray the true feelings of either party.
Further, it improves the relationships among colleagues, hence preventing tension in places of work. As such, employees feel comfortable airing their thoughts freely.
Businesses have cut costs in travel budgets, meaning such funds benefit the organization in other ways. Thanks to video conferencing, you don’t have to travel miles to have a 10-minute meeting in another city or country.
Further, employers can easily hire high-quality employees irrespective of their location.
Reporting is now simplified, irrespective of location. With video conferencing, hybrid teams can contribute to ongoing projects in real-time; hence everyone in the team contributes accordingly.
Video conferencing creates a desirable life and work balance. Research shows burnouts constitute a significant contributor to people quitting their jobs.
As such, employees work within comfortable working hours, hence reducing working burnout. It is easy to log in and work from wherever with video conferencing.
Members that could not give full attention to the meeting can record most of these calls, hence keeping every employee up to date with current happenings at the workplace.
Video call recordings are also a perfect way to keep track of important meetings with clients. It prevents a scenario where a vital project member misses out on the clients’ specifications.
Video conferencing is still big even after the pandemic, Statistics show that it is yet to explode into a much more prominent tool in the business world, even more, prominent than incredible tools such as Artificial Intelligence (AI), Robotics, Automation, and voice assistants.
Further, tools like Artificial Intelligence are likely to be incorporated into video conferencing to ensure efficiency. This advanced technology is already evident in how self-explanatory video conferencing tools have become and features that support easy navigation, even for beginners.
At this juncture, we can conclusively say, the pandemic forced the business world into incredible innovations that have become instrumental in changing the narrative of most businesses; they are now counting more profits than before.
It’s helpful to embrace video conferencing apps and incorporate the knowledge and skills of competent consulting firms like Insure Your Company.com. Our team of top-notch business insurance experts is always standing by to help you start directing your business on the right path. Contact us today for details on how video conferencing can benefit your business.
Anyone can recognize a highly engaged and motivated employee by sight. They are unique, productive, and never hold back when needed. Such employees always go the extra mile to help the business achieve its goals. The question that remains is, how is it possible to achieve such a level of motivation in business?
Motivated employees push themselves to these levels because they want to. There is no drive from external forces or supervision to work better. They get inspiration from what they do in the organization and feel connected to their goals.
As a leader, it would be best to look for ways to enable your employees to reach such levels of engagement and motivation. Napoleon Hill’s Law of Success Book raised the concept that employees should use their individual goals to push themselves out of their comfort zone and work selflessly to achieve company goals. As this is easier said than done, this blog post discusses how you can achieve such a high level of employee engagement and motivation in the workplace using your personal goals.
Typically, every employer knows that helping employees achieve goals is a critical part of their task as managers. Employees need to see how their work contributes to the general achievements of the organization and set the correct targets to meet their needs. Goal-setting is the most common mechanism used to provide ongoing feedback on processes and achievements by employees. By monitoring targets accurately and giving real-time feedback to employees, you can help to improve their performance and motivate them to achieve more.
Failure to meet goals will often result in consequences for both the business and the employee. The broader organization will suffer from unmet deadlines, low production, and poor customer service. According to Linda Hill, Professor of Business Administration at the Harvard Business School, managers need to offer ‘supportive autonomy’ appropriate to an individual’s abilities. The goal here is to be hands-on and give others room to succeed independently.
It is common for managers to neglect what employees are personally trying to achieve when carrying out their duties. However, experts say that by accounting for the interests of the whole person, you can get more value than just focusing on the working person.
For example, if you have employees interested in teaching, sculpt ways to include such opportunities in their daily operations. They can help train peers or other less experienced colleagues and feel satisfied in the long haul. They will stay motivated and transfer the essential skills across various departments in the company.
The first step to developing these personal goals and using them for employee engagements is identifying them. Ask the employees if they have any goals they’d like to share with you. It should be voluntary with no pressure as they should feel comfortable talking about them.
You can also request them to offer recommendations to enable the proper adjustments to help suit their goals. Just as with work goals, personal goals will contribute to the general team, unit, and company and affect how employees interact in the workplace. When it is a shared commitment, it is easy to create a mutual responsibility that allows seamless integration of skills in the workplace for optimized production and growth.
Every employee must understand the effectiveness of incorporating employees’ personal interests and professional goals to achieve high levels of success and productivity.
At InsureYourCompany.com, we can help you with tips to motivate your employees with benefits packages. Contact us today to learn more.
As a business owner, you may have to pay for your own health insurance if you are not covered under your spouse’s insurance. Because of this, you may also want to think about your employees. It is a good idea to offer health insurance for your employees.
Here are some reasons why you should offer health insurance for your employees.
Here are some of the most common types of health insurance plans that you may want to consider for your employees.
Confused and unsure about where to start? Here are some tips for choosing the right plan for your business.
Getting health insurance will only help your business. You will attract better employees, as well as keep them as healthy as possible. However, it can be confusing when trying to decide what will work best. You may want to talk to your employees, as well as an agent so that everyone feels good about the choice that you made.
If you want to make sure that you can feel good about the health insurance plan that you offer your employees, don’t hesitate to contact us today. We will be glad to talk to you about all of your options to ensure that you are getting the best deal for your employees.
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If you are in the IT industry InsureYourCompany.com is the insurance agent you want to work with, we are technology insurance experts and have changed the way you do business. See below a list of professionals who we help today.
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