Protect Your Business Against These 5 Common Cybercrimes

A criminal hacking on a computer and committing cybercrimes against businessesAs technology progresses, business operations become more streamlined and organized. However, while technological advancements provide even more security to your business’s sensitive information, it has also changed how cybercriminals operate, giving rise to new methods of infiltration. The losses incurred by your business due to a cyber attack can be catastrophic, especially when the personal information of clients is involved. Let’s review some of the common cybercrimes your business is likely to face and how to protect yourself against them. [Read more…]

Protecting Your Business from Cyber Breaches

Breaches are beginning to become more and more common like any other disaster, and the after-effects of a breach can be long-term. Last year, there were 1,579 data breaches, exposing nearly 179 million records. That represents a 44% increase in the number of cyber breaches and a 389% increase in records exposed. In this blog we’re looking at how your business needs to plan for these incidents like any other workplace safety issue, using plans, policies, and insurance to keep you and your bottom line safe. Let’s start with terminology.

[Read more…]

The Importance of Cyber Insurance

Computer security compromised.In 2011 Sony experienced a PlayStation hack breach with costs around $171 million. Sony only had general liability insurance. Sony’s policy only covered the physical property damage not any cyber damages. If Sony had invested in cyber insurance the company could have had that $171 million offset. Cyber insurance is relatively new but, it is a necessity in a world that is becoming increasingly dependent on technology. [Read more…]