Cyber attacks are common for large businesses. In 2022 alone, there were over 4,100 publicly disclosed data breaches equating to approximately 22 billion records being exposed.
But what about a cyber attack in your home? Most homes have a large number of smartphones, tablets, computers, and other home security technology systems. Therefore, it is important to understand how to protect yourself from the financial loss that can result from such an attack.
Most concerning is an extortion threat from someone who has locked your home security system, or has accessed private confidential client information you have on your home computer since you frequently work from home. Hackers can charge thousands just to release your systems.
They have been known to open garage doors to gain entry as well as unlocking your home through the alarm system to gain access to steal valuables, so home hacking is no longer a rare occurrence.
An added burden if you work from home is that any financial or confidential records belonging to clients are subject to State and Federal laws regarding data breach. It will cost a substantial amount of money to comply with those laws.
As these examples show, a single cyber hacker could cost you thousands to get all of your data recovered, remove malicious codes, and reconfigure your device, restoring your computers back to their former functionality.
Home cyber protection is available with most homeowners insurance companies in Michigan as a simple and inexpensive endorsement. All of the companies we work with offer this coverage so let us know if we can help.