What is Cyber Security Insurance - Social Engineering, Ransomware, & Cybercrime Coverages (part 3 of 3)
Posted: August 24, 2021
Ransomware attacks accounted for over 4o% of all filed cyber insurance claims in the first half of 2020, according to a report by Coalition. Over 43% of cyberattacks are geared toward small businesses and a 1-person company. In today’s economy, cyber threats and losses are a matter of “when,” not “if.” Most of the attacks are phishing emails and ransomware. Hackers are trying to get you...
Contractors Are Highly Vulnerable to Ransomware & Data breaches
Posted: July 15, 2021
Contractors Are Highly Vulnerable to Ransomware & Data breachesAll companies handle a certain degree of PII (Personally Identifiable Information). Digital vulnerabilities including poor email protection and remote access of company data are at high risk for contractors and small businesses. As a business owner and a contractor, it is imperative to understand how to identify and protect it. Threat actors are constantly working hard to hack into smaller contractors as it creates a...
CMMC Terminology, Key Terms and Acronyms
Posted: April 22, 2021
CMMC Terminology, Key Terms and AcronymsCMMC Certification on Your Mind? As you embark on the CMMC journey and prepare to learn more about the certification process and apply to be certified as a federal contractor, you will come across many acronyms. Some of these acronyms play a major role as you become CMMC certified. It would definitely be worth to have a quick reference page as you move forward and...
How to Recognize a Business Email Compromise Attack
Posted: April 9, 2021
How to Recognize a Business Email Compromise AttackDo you know how to recognize and protect your employees and yourself from a wire fraud and business email compromise attack? Hackers have found a way to steal from businesses without hacking or infiltrating your operations or network system. Hackers can simply utilize email as a tool to convince employees to voluntarily transfer money with deception techniques. Hacker uses an email address made to look...
Every Business Needs Cyber Insurance to Insure Against Cyber Crime!
Posted: March 24, 2021
Every Business Needs Cyber Insurance to Insure Against Cyber Crime!Unless you block EVERY hacker a 100% at ALL times, you need CYBERSECURITY INSURANCE to mitigate your financial risks should you face cyber crime. Only 20% of small businesses even stop to consider their cyber posture and cyber insurance to manage and mitigate the ‘internet’ risks! No wonder hackers are prone to target small businesses. WHAT DOES CYBER INSURANCE COVER? Cyber insurance is like...