BUSINESS OWNER CORNER: 🔒 PROTECTING YOUR BUSINESS & CLIENT DATA IN THE AGE OF AI

Keeping up with the theme of the above articles, October is also National Cybersecurity Awareness Month, and while we’ve covered basic online safety before, the rise of Artificial Intelligence (AI) has completely changed the game.

Cybercriminals are now using AI to crack passwords faster and craft hyper-realistic scams. At the same time, using AI tools without proper precautions can accidentally leak your clients' confidential information.

Here are 3 essential steps to protect your business in the AI era:

• Keep Client Data Out of Public AI Tools: Never paste Personally Identifiable Information (PII) like Social Security numbers, full names, or account numbers into free AI chatbots. Most free tools use your input to train their public models. If you use AI for work, upgrade to paid business tiers and turn off "data training" in your privacy settings.

• Upgrade Past Simple Passwords: Passwords alone are no longer enough because AI tools can brute-force them in seconds. Enable Multi-Factor Authentication (MFA) on all work accounts to require a two-step login process.

• Protect Your Business with Cyber Liability Insurance: As a business owner, you are legally and financially responsible for protecting your clients' data. A data breach can mean massive recovery costs, notification fees, and legal liabilities. Cyber Liability insurance provides critical coverage and expert support to help you recover if a breach occurs.

  
  

Cybercriminals are constantly adapting to new technology, and we have to adapt, too.   We recommend all businesses to have a “Data Security and Privacy Plan” that establishes the standards and procedures to protect the data you manage and systems you use.  

Have questions about Cyber Liability or other types of business insurance? Please call our Bell Gardens office today at (323) 773-4429 or visit www.invisioninsurance.com. We would be glad to review options with you.