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...
Ransomware And Social Engineering: The Most Common Types of Cyber Attacks!
Posted: April 1, 2021
Ransomware And Social Engineering: The Most Common Types of Cyber Attacks!90% of cyber claims are ransomware & social engineering! On average, businesses experience 21 days of downtime following a ransomware and the cost of recovery has more than doubled since last year. Ransomware and social engineering attacks are increasing and are damaging to any company. What's worse is that these cyber attacks are becoming easier to execute - especially when geared toward SMBs!...
Understanding your Cybersecurity Insurance Policy!
Posted: December 15, 2020
Understanding your Cybersecurity Insurance Policy!All business insurance policies are not created equal. Simply having a cyber insurance policy for your business does not mean it covers the different types of risks that your organization may be exposed to. It is therefore very important to understand exactly what is being offered so that you can compare different offerings, assess which offering provides you the best value, make an informed decision,...
Dangers of Cyber Attack ~ Small Businesses, Beware!
Posted: October 14, 2020
Dangers of Cyber Attack ~ Small Businesses, Beware!I am a small business - I don’t need cybersecurity insurance - I am not visible - These thoughts are what is getting small businesses in trouble and oftentimes out of business! 43% of cyber attacks happen to small businesses and 60% of those businesses shut down due to financial burden. Ransomware accounted for 41% of all cyber insurance claims in H1 2020 Cyber insurance...
3 Secrets to Creating a People-Focused Security Culture!
Posted: September 14, 2020
3 Secrets to Creating a People-Focused Security Culture!How exactly do you set up a people-focused cybersecurity culture? Some organizations believe that cybersecurity is the sole responsibility of the security department however because hackers target all employees cybersecurity is and must be everyone's responsibility. LEADERSHIP It all starts with leadership. Leaders should set an example for all other employees they need to promote and prioritize cybersecurity training. Emphasis on cybersecurity is important from...