As tensions and uncertainty in the Middle East increase, organizations should be more vigilant about their cybersecurity measures. During crisis situations, such as a war or global health issue, cybercrime increases, according to the World Economic Forum. That’s in addition to rising cyber activity for organizations of all kinds and even…

Nearly every organization has an exposure to Cyber Liability. The only differentiating factors are severity and where an organization falls from a risk profile. Organizations that have a large amount of personal health, financial and credit card information can be easily identified as targets for cyberattacks. These attacks are evident…

Increased cyber claims have necessitated the insurance carriers to scrutinize cybersecurity controls with an increasingly rigorous underwriting process. We are seeing premium increases 60 percent to 100+ percent. As insurance carriers focus on controls, cyber hygiene is crucial to securing cyber liability insurance coverage, and Multi-Factor Authentication (MFA) is essential.…

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…

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…

Does your company have the proper security, insurance, legal and compliance framework to prevent cybercrime in 2019—or mitigate potential damage from it? This event presentation and panel discussion will take place, Friday, March 15 at the Oswald Conference Centre from 7:30 a.m. – 10:00 a.m. Registration is now closed for…

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.…