FBI Tips: Defend Your Business Internet Safety & Build Cyber Resiliency
Posted: February 7, 2022
FBI Tips: Defend Your Business Internet Safety & Build Cyber ResiliencyIt is no news that as we hit pandemic, we saw the work force shifted toward remote and hybrid mode. This sudden change without necessary cybersecurity protocols gave upper hand to bad actors in increasing data breach attempts, ransomware and cyber extortion demands went through the roof, social engineering scams increased via business email compromise and manipulating invoices with fraudulent fund transfers. We saw big...
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...
What Is Cyber Insurance? 1st Party Cyber Coverages (part 2 of 3)
Posted: August 10, 2021
Over 43% of cyberattacks are geared toward small businesses and a 1-person company!!! When looking to transfer technology risks, your cyber insurance should have 1st party and 3rd party coverages. We covered in details what a 3rd party cyber liability coverage looks like in our previous blog. Let’s look at the extensive list of what a comprehensive cyber insurance offerings are to you, as a...
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...
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...