Cyber Insurance - Financial Risk Transfer for digital threats
Posted: May 4, 2022
With escalating cyber activity and ransomware over the past several years, it is now harder to get cyber insurance. Insurance companies require certain minimum controls and processes are in place in order to issue or renew a policy. In this previously live/recorded panel discussion, our panel explored how Insurance companies evaluate your security posture, what controls and processes are required and provide guidance to have...
Ransomware is a National Threat! Protect Your Small Business
Posted: October 14, 2021
Ransomware is a National Threat! Protect Your Small BusinessIn Q2 2021, phishing was the most popular method, according to Coveware, for launching a ransomware attack, leading to a median ransom cost of $47,000 and an average of 23 days of downtime Businesses need MFA to keep themselves safe from cyber threats, and phishing attempts. Google and Microsoft offer MFA on email and collaboration tools for free; admin can turn on enforcement at the click...
Cyber Insurance Cover Ransomware and Cyberattack! Are YOU secured?
Posted: May 19, 2021
We all understand in today’s world that cybersecurity and business liability protection is a mandatory action we take to protect our business from financial ruin. As we move forward in our new normal, small and medium businesses must survive the technology and liability risks. Cyber attacks are the single largest risk to your business today. The odds that your business is the next target in a...
How Does Technology Errors & Omissions Insurance Work?
Posted: December 23, 2020
How Does Technology Errors & Omissions Insurance Work?What is Tech E&O? TechE&O or Technology professional liability insurance helps protect professionals from any errors, omissions, mistakes, or negligence in the technology services or products you may offer to your clients. Your small mistake or missing a deadline can lead to website downtime or lost sales for a client of yours. These situations can cause serious financial losses and can be very costly if...
Ransomware: a threat to ALL businesses!
Posted: September 1, 2020
Ransomware: a threat to ALL businesses!What is Ransomware Virus? How do ransomware attacks work? *********NEWSFLASH********* Ransomware: a threat to ALL businesses! Ransomware has been a hot topic as of late. Malicious software harms your system and blocks you from doing business until ransomware demand is paid. Ransomware is the #1 cause of cyber claims and growing every day! Ransomware exists since the 1980’s - started in compact disks - typically...