Running a business is no easy task. You must keep track of finances, ensure employee productivity, provide customer service, and make sure your IT infrastructure is up to date. If your business accepts electronic payments from customers, you run an increased risk of a data breach, whose consequences can be dire¹. According to IBM’s Cost of a Data Breach Report 2021, the average data breach worldwide cost a record $4.24 million last year, and an average of $9.05 million for U.S. companies². How can you protect your business from such a disaster? Enter cyber insurance.
01
Dec
Dec
You are likely going to pay more in one day than you would have for annual cybersecurity insurance coverage. Factor in the lost revenue from being unable to access your client records. You can’t ship, sell, or manage business that you can't see.
31
May
May
A computer virus is a type of malicious code or program written to alter the way a computer operates and is designed to spread from one computer to another.
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Apr
Apr
More and more we are observing businesses reporting significant losses caused by cyber insider threat actors. These cases often involve former or disgruntled employees using their privileges such as access to company networks, remote login credentials, and administrative permissions to harm companies. Cyber insider threat actors most often are motivated by revenge, but they also conduct attacks to profit financially from stolen information, gain a competitive edge at a new company, engage in extortion, or commit fraud through unauthorized sales and purchases.