Cybersecurity Awareness Month: What Food Business Owners Need to Know Summary

Cybersecurity Awareness Month is a key time for businesses to assess their cybersecurity measures and take steps to prevent rising threats, expected to cost $10.5 trillion globally by 2025.
Phishing attacks, accounting for 80% of cybercrime cases, can be mitigated through employee training and regularly updated security policies.
Ransomware attacks cause financial losses and reputational damage. Regular data backups and patch management are essential defense strategies.
Cyber liability insurance provides comprehensive protection against cyberattacks, covering costs like data breaches, legal fees, and reputation management.
Businesses should regularly update their cyber insurance to stay protected against evolving threats, with tailored solutions from providers like Coughlin Insurance Services.