Tag: Cyber Risk

Cyber Liability Insurance Can Help Your Business Recover

Almost every business has a cyber liability exposure, and most businesses are securing some form of coverage to protect them from these types of threats.  A recent report by a leading insurance firm said that purchases of cyber insurance grew over 30% in the last year.  Did you know that an average business has a greater chance of having a cyber breach than it does... Read Article

Cyber Risk Update

Over the last several years, cyber liability coverage has evolved from just insurance for information technology companies to coverage that nearly every class of business should have if they don't already. From retailers, banks, contractors, distributors, restaurants and medical offices, many businesses are unaware of the great security technology exposure they face. Recent state laws require companies that have experienced a security breach to notify... Read Article

Risk Of A Fire Low… Risk Of A Cyber Attack High

Believe it or not, a small to medium sized business has a greater chance of having a cyber attack than it does of having a fire. While the headlines are filled with the most recent cyber attacks on large companies including Anthem Health, Sony, Staples, Home Depot and JP Morgan Chase, hackers also target businesses with less than 50 employees. According to Symantec, in 2013,... Read Article

Cyber Risk Prevention

According to IT Business Edge, 50% of businesses listed cyber security as one of their top five business risks. “With the revelations of the National Security Agency (NSA) surveillance program and retail store Target’s breach of confidential credit card information, this heightened awareness has been justified and provided warning of the need for awareness and mitigation of this risk.” Kachina Shaw A cyber-attack can create... Read Article