cyber insurance

Cyber Risk Coverage 101: Everything You Need To Know

The rise in cyber threats and attacks has massively impacted various entities – from private companies to specialist firms to government agencies – resulting in financial loss and reputational damage. TechTarget published 10 of the biggest ransomware attacks on organizations in the United States throughout 2023, including the ransomware attack on the U.S. Marshals Service, …

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Cyber Security Enhacement

Enhance Security with Cyber and Privacy Insurance Solutions

A small online retail company has an online store, and customer databases, and processes numerous transactions every day. Despite basic security measures, the company fell victim to a sophisticated cyberattack carried out by a group of hackers. They gained access and stole sensitive information, including credit card details and personal data of thousands of customers. …

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Cyber Sniffing

Cyber Theft Insurance: What You Need to Know

Through IdentityTheft.gov, the Federal Trade Commission has received 1.1 million reports of identity theft. In addition, 2.4 million fraud reports were received, with the most frequently reported category being “Fraud by Scammers”, closely followed by “Online Shopping Fraud”. A report published by Statista shows that between 2001 and 2022, there was a significant increase in …

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Cyber Sniffing

Personal Cyber Insurance: What You Need To Know

Personal Cyber Insurance: What You Need To Know According to the Federal Trade Commission’s website, they received 1.1 million reports of identity theft through their IdentityTheft.gov website.  This illustrates a significant increase in this type of cybercrime. In addition, 2.4 million fraud reports were received from consumers, with the most frequently reported category being fraud …

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2023 Ransomware Trends

Preparing for 2023 Ransomware Trends

Ransomware attacks can be detrimental to businesses of all sizes. These attacks are especially destructive to small businesses, which often have less cybersecurity measures in place, and less elasticity after an attack. This article discusses how your business can prepare for 2023 ransomware trends. What is Ransomware? Ransomware is a type of malware that prohibits …

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FBI warns about search engine brand impersonation

FBI Warns of Search Engine Brand Impersonation

The FBI recently released a statement warning people of search engine brand impersonation by cybercriminals. Search engine brand impersonation is a tactic being used by cybercriminals that you should be wary of and take precautions against. What is Search Engine Brand Impersonation? Over 105,000 search queries are made on Google every second. And that doesn’t …

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Outsmarting Hackers: 3 tips to protect your company's data.

Outsmarting Hackers: 3 Tips to Secure Your Company Data

43% of cyberattacks are against organizations with fewer than 250 employees. Regardless of the size of your business, it is vital to protect your business against cyber attacks and data breaches. Here are three important steps you can take to outsmart hackers and secure your company data. 1. Backup Your Company Data Make sure you …

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Increase your small business revenue in 2023

3 Strategies for Small Businesses to Increase Revenue in 2023

There are hundreds of businesses out there. Cutting through the noise can be difficult, and many small businesses are looking for ways to increase their revenue in 2023. Here are three simple steps you can take to help your small business increase revenue in 2023. Be Innovative You don’t have to re-invent the lightbulb. But …

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Old software cybersecurity - eol software best practices and risk management strategies

Old Software Can Jeopardize Your Business’s Cybersecurity

Just like physical products, software eventually gets outdated, and manufacturers stop developing it. Software that has is no longer being maintained is known as end-of-life (EOL) software. While it may be tempting to continue using an old software system for your small business, EOL software usage can jeopardize your business’s cybersecurity. Security Vulnerabilities of EOL …

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Designing a Disaster Recovery Plan for Your Small Business

Insurance can’t cover everything. Any insurance policy you get is going to have limitations. If something happened to your business, would you be able to get up and running as quickly as possible? A small business disaster recovery plan is a must for every small business owner. Elements of a Disaster Recovery Plan Here are …

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cybersecurity for business travel

Cybersecurity for Business Travelers

Business travelers are prime targets for cybercriminals, as they often carry valuable data and may not always be careful about securing their devices. Neglecting cybersecurity when employees are on the road or abroad can be detrimental to a business. This cybersecurity report discusses measures employers can implement to minimize cybersecurity risks for business travelers. Click …

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