Cyber crime is a booming business for criminals. Businesses of all sizes are being targeted for scams that range from tech support scams, 401(k) disbursement scams, and phishing attacks. Crime as a Service (CaaS) allows criminals to purchase software and lowers the bar for entry into cyber crime. This offering…
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It looked like a routine, harmless email from the organization’s IT consultant reminding employees to change their computer passwords to safeguard against hackers; a fairly standard procedure for companies looking to protect their data and computer systems from an attack with cyber insurance. The problem was the email wasn’t from…
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Many clients are reluctant to purchase a cyber risk policy out of fear that it is illusory coverage. Illusory coverage is when the literal language or structure of an insurance policy gives the policyholder the impression of coverage but effectively negates any meaningful coverage. Because of this, cyber insurance has…
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The evolution of manufacturing processes has increased efficiencies and improved quality output. At the same time, advancing technologies opens the door for growing cyber risk for manufacturers. The result can be catastrophic, impacting operations, revenue and reputation. Good Reason to Worry The growing sense of concern about cybersecurity in manufacturing…
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Cyber crime is a booming business for criminals. Businesses of all sizes are being targeted for scams that range from tech support scams to phishing attacks and telecommunications fraud. With the ability to outsource services via ‘Crime as a Service’ (CaaS), it lowers the bar for entry into cyber crime.…
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