What Does Cyber Insurance Cover? 3rd party cyber liability overview (part 1 of 3)
Posted: July 27, 2021
When looking to transfer technology risks, your cyber insurance should have 1st party and 3rd party coverages along with other include coverages based on the industry you belong to. Insurance companies are constantly studying and updating the ever-changing cyber coverages based on claims and technology growth. Let’s look at what are the major 3rd party cyber liability coverages look like…. These are CLAIMS MADE LIABILITY COVERAGES:...
Spotlight on CYBER INSURANCE ~ a critical digital coverage!
Posted: June 28, 2021
Spotlight on CYBER INSURANCE ~ a critical digital coverage!Every business is exposed to ransomware, cyber extortion and data breach. Phishing, Wire Transfer Fraud, ransomware, data breach are common cyber attacks and cyber crime. Since 2000, it’s been accelerated growth of technology. Malware and other small attacks have been a part of our digital platform soon after Internet started in the late 1960s. We all are highly aware and even get insurance protection for our...
Colonial Pipeline Cyber Attack Proves CMMC is Beneficial for Small Businesses!
Posted: June 12, 2021
Colonial Pipeline Cyber Attack Proves CMMC is Beneficial for Small Businesses!The Colonial Pipeline cyberattack was a ransomware attack. It was a financially driven cybercrime and unfortunately, it happens all too often. Our Nation is extremely bright and at the top of technology and security, yet we still see so many successful cyber-attacks. Businesses of all sizes are suffering cyber threats and cybercrime daily. When we heard about SolarWinds cyberattack late last year, some of us...
2 Types of Cyber Insurance Policies and What They Cover
Posted: January 27, 2021
Cyber insurance is a part of our business portfolio - we need to understand there are different types of cyber policies offered. Cyber policies can be available as a stand alone policy or as a supplement to a commercial policy. Learn more about the differences between the 2 types of cyber insurance so you can make a sound decision as you purchase the policy...
What is Remote Desktop Protocol and How it can be a Threat to Your Business?
Posted: January 12, 2021
What is Remote Desktop Protocol and How it can be a Threat to Your Business?WHAT IS RDP? According to Wikipedia Remote Desktop Protocol or RDP “is a proprietary protocol developed by Microsoft which provides a user with a graphical interface to connect to another computer over a network connection. The user employs RDP client software for this purpose, while the other computer must run RDP server software.” This method of gaining remote access to another computer can be helpful...