cyber liability insurance

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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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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Why Your Flood Insurance Rates May Increase

The new Risk Rating 2.0 system from the U.S. Federal Emergency Management Agency (FEMA) will raise rates for 77% of policyholders, according to a new study from QuoteWizard. FEMA sells almost all of the nation’s flood insurance coverage through its National Flood Insurance Program and requires businesses that own property in high-risk flood areas to …

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Cyber Liability Coverage in the Construction Industry

In recent years, cyber incidents have surged in both cost and frequency. These incidents have become a pressing concern for organizations of all sizes and sectors—and construction companies are no exception. Although employers within the construction industry may think that their cyber exposures are minimal, this often isn’t the case. Rather, such vulnerabilities can come …

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The Importance of a Cyber Insurance Policy

Over the course of the past decade, many organizations have relied on standard property and liability coverage rather than a standalone cyber insurance policy to provide protection for cyber incidents. However, as digital threats continue to advance—contributing to a significant surge in both the cost and frequency of cyberattacks across industry lines—neglecting to purchase a …

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