Considerations When Starting A Safety Committee
HR Challenges, Loss Control, Risk ManagementOne of the main parts of a solid safety program is to promote better communication between employees and management. We believe safety committees are one of the most cost effective, high yielding solutions for safety challenged organizations.…
Buying Cyber Insurance Does Not Protect Your Organization From Hackers
Cyber Liability Insurance, Loss Control, Risk Financing, Risk ManagementUnderstand that purchasing Cyber Insurance does not protect your organization from hacking. It simply finances some, not all components of the loss. A recent report by cybersecurity company Barracuda reported that Google-branded Spear Phishing…
Social Engineering: Meaning and Impact
Claims Management, Cyber Liability Insurance, Line of Insurance, Loss Control, Risk ManagementDefinition
Social Engineering is the means of deception to extract sensitive, personal information that can then be used for further purposes, such as bank fraud, account takeovers, or identity theft. Cyber hackers primarily use social engineering…
Why Passphrases are the Future of Logins
Claims Management, Cyber Liability Insurance, Line of Insurance, Loss Control, Risk ManagementEvery so often, whether it be for a company software program like MOZ, a school database like blackboard, or even a personal social media account on twitter, you get one of the two ominous messages.
The Unwanted Messages
You get the “time…
Adult Day Care Considerations for Your Business
Employers Practice Liability Insurance, General Liability Insurance, Human Services Practice Group Content, Line of Insurance, Loss Control, Transportation Practice Group ContentRunning an adult daycare seems to be one of the harder gigs. Between keeping employees in check and fully trained and clients safe, it is a hard organization to manage. Our adult daycare inspection considerations list should help you keep insurance…
Capital One Data Breach: Assessment and Prevention
Cyber Liability Insurance, Loss Control, Risk Management
Last year, after the Capital One Data breach, Capital One agreed to terms with US regulators to pay $80 million dollars in fines because of a data breach. The hacker accessed approximately 100 million credit card applications. Maintaining…
Cognizant Gets $400 Million Payout After Cyber Attacks
Claims Management, Cyber Liability Insurance, Loss Control, Risk ManagementTechnology consultant firm Cognizant fell victim to cyber-attacks caused by a ransomware attack last April. The hack disrupted thousands of employees from accessing networks from their home during quarantine. Clients also disallowed Cognizant…
What is Cyber Insurance and How Does it Work?
Cyber Liability Insurance, Loss Control, Risk ManagementWhat is Cyber Insurance and How Does it Work?
With the vast majority of companies' sensitive data being online, the vulnerability for data breaches is obvious, especially now that cybercriminals are becoming more tactical and clever with their…
Secure Your Organization Using Multi-Factor Authentication
Cyber Liability Insurance, General Liability Insurance, HR Challenges, Line of Insurance, Loss Control, Risk Management
In a time where most organizations have transitioned to remote work, cybercriminals have doubled down on network attacks. The FBI recently released a statement saying that cybercrime attacks are up over 300% since 2019. Cyberattacks range…