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...
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...
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...
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...
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...
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