Protect Your Jewelry Business Against Cybercrime
As cyberthreats increase in frequency and severity, it's vital for businesses to take action now to prevent costly security breaches.
What is Cybercrime?
Cybercrime refers to any criminal activity in the digital realm, spanning internet-connected devices, networks, social media accounts, and even bank accounts.
Cybercrime can have a significant impact on a business, including:
- Financial loss
- Reputation damage
- Day-to-day operational disruptions
Phishing
Phishing emails trick individuals into sharing sensitive information, clicking on a malicious link, or downloading malware.
Ransomware
Ransomware attackers hold data hostage and demand payment in exchange for its release.
Business Email Compromise (BEC)
BEC occurs when a cybercriminal compromises an organization’s email system or individual account for the purpose of fraud.
Identity Theft
Identity theft occurs when a valid user’s credentials have been compromised, leading to unauthorized access to sensitive information.
Supply Chain Attacks
Supply chain attacks occur when a trusted third-party vendor software is compromised, injecting malware into the software. Once a business downloads the software, it also becomes compromised.
Insider Threat
Internal attacks are perpetrated by employees or former employees who have direct access to company information or knowledge of business processes, usually to sell information for financial gain.
Enhance Protection with Cyber Liability Insurance
- This add-on option to your business insurance policy covers loss of money due to financial fraud and liability claims. Talk to your agent about coverage. Contact us to find an agent.
Implement Strong Authentication
- Use strong passwords and avoid sharing them. Utilize passphrases for extra security, i.e., a short sentence or phrase made up of 15 characters.
- Avoid generic accounts, i.e., accounts used by multiple users and not assigned to a unique individual.
- Implement multi-factor authentication.
- Employ password management tools, e.g., Keeper and Bitwarden.
Employee Training and Access Control
- Cultivate a security-aware culture.
- Manage information access appropriately.
- Educate your staff on security awareness.
Strengthen Technical Controls
- Install anti-malware solutions.
- Encrypt your data.
- Implement a firewall.
- Apply timely security patches to your systems and software.
Part 1: Understanding the Cyber Threat Landscape
Join us for a review of cybersecurity basics, current cybercrime trends, the cyberthreat landscape, and the methods and tactics cybercriminals often use—so you can educate your staff and help protect your business.
Date: 10/10/2024
Time: 12:00pm - 12:30pm CDT
Part 2: Protecting Your Business Against Cyber Threats
Learn how to develop and implement a multi-layered, holistic cybersecurity plan in your store from our security experts– helping you protect your business and develop a year-round security mindset with your staff.
Date: 10/17/2024
Time: 12:00pm - 12:30pm CDT
Part 3: Cyber Incident Response and Recovery for Jewelry Businesses
Hear from our experts about how to prepare for potential cyber incidents so you can respond and recover effectively and get back to business as quickly as possible, if you experience one.
Date: 10/24/2024
Time: 12:00pm - 12:30pm CDT
Important Cyber Considerations Guide
Important Cyber Considerations Guide
Download our educational guide to help educate your staff on technology expectations and additional cybersecurity considerations to safely run your business.
What is Cyber Liability Insurance Blog
What is Cyber Liability Insurance Blog
Learn from real-life examples of how cybercriminals target jewelry business and why cyber liability coverage is necessary, even with adequate jewelers block insurance.
Jeweler Safety and Security Academy - Cybersecurity Courses
Jeweler Safety and Security Academy - Cybersecurity Courses
Enroll in the online Safety and Security Academy today for in-depth courses on how to keep your business safe from cyber threats and more.
Stay Informed: Crime Awareness Alert
The jewelry industry is facing a surge in sophisticated crimes, highlighting the urgent need for business to take action and help reduce risk. This growing impact of crime poses an immediate threat to businesses and implementing preventive measures has become more crucial than ever.