Posts
New York Department of Financial Services Warns Businesses Who Use "Instant Quote" Software of Targeted Cyber Attacks
Cyber Liability Insurance, Risk Management, Risk TransferThe New York Department of Financial Services (DFS) has issued a cybersecurity fraud alert to all of its regulated entities, describing a "systemic and aggressive" campaign to steal consumers' private data.
The DFS has reported from several…
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…
The SHIELD Act : How It Affects Your Business In New York
Cyber Liability Insurance, HR ChallengesDue to the increasing concern about the security of personal information, many states feel the need to implement data and cybersecurity laws to protect private information utilized by these malicious hackers. On July 26th, the governor of New…
12 Requirements For PCI-DSS Compliance
Cyber Liability Insurance, Line of Insurance
Online transactions have become commonplace for many companies across all lines of industry. With the rapid growth in acceptance of online payments, many companies underestimate or are not even aware of requirements to maintain Payment Card…
Buying Cyber Insurance Does Not Protect Your Organization From Cybercriminals
Cyber Liability Insurance, Risk ManagementBuying Cyber Insurance Does Not Protect Your Organization From Hackers
Understand that purchasing Cyber Insurance does not protect your organization from hacking. It simply finances pieces of the loss. A recent report by cybersecurity…
CyberSecurity: Advice for Prevention
Cyber Liability Insurance, Risk ManagementThere is no such thing as infallible cybersecurity. No matter how many millions of dollars an organization spends on online security, some hacker, somewhere, at some time, may successfully break-in. A common example is JPMorgan Chase, who spent…
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…
Conducting An Organization Wide Phishing Test
General Liability Insurance, Other
Remote operation of your business means that protections your office building had, your employees' homes may not. Cybercriminals are taking advantage of this situation by phishing out your employees' data. Take the time to educate your employees…