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Cyber Liability Insurance

May 22, 2023
Agency

Why Nonprofits Need Cyber Liability Insurance

Cybersecurity risks are becoming increasingly severe, targeted and frequent across all sectors. However, nonprofits are particularly at risk since many organizations don’t have the funding to implement adequate cybersecurity protocols. In addition, nonprofits often collect and store highly valuable information about their clients, donors and employees, making them a prime target for cybercriminals. The shift […]
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April 17, 2023
Agency

Cyber Liability & The Importance of Two-factor Authentication

As cyber attacks become more and more common, protecting your data is increasingly difficult. In fact, a study from Juniper Research found that by 2023, cyber criminals are expected to steal an estimated 33 billion records. In light of the growing number of cyber attacks, many companies are turning to two-factor authentication (also commonly called […]
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April 3, 2023
Agency

Ransomware Survival Guide

Ransomware is any type of malicious software—also called malware—that infects a victim’s device or server and prevents the technology from working as it should or blocks access to certain data (e.g., confidential files or sensitive information) stored on such technology until the victim pays a ransom. Typically, the cybercriminals behind ransomware attacks demand bitcoin, a […]
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February 15, 2023
Agency

Cyber Liability Insurance In Action

As technology becomes increasingly important for successful business operations, the value of a strong cyber liability insurance policy continues to grow. The continued rise in the amount of information stored and transferred electronically has resulted in a remarkable increase in the potential exposures facing businesses. In an age where a stolen laptop or data breach […]
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November 28, 2022
Agency

What Is Smishing and How Do You Protect Against It?

Most businesses and individuals are familiar with phishing, which entails cybercriminals leveraging fraudulent emails to manipulate recipients into sharing sensitive information, clicking malicious links or opening harmful attachments. While these scams remain a pressing concern, a new form of phishing—known as smishing—has emerged over the years. WHAT IS SMISHING? Smishing relies on the same tactics […]
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October 24, 2022
Agency

9 Cyber Risk Questions Every Board Should Ask

When a data breach or other cyber event occurs, the damages can be significant, often resulting in lawsuits, fines and serious financial losses. What’s more, cyber exposures impact businesses of all kinds, regardless of their size, area of focus, or status as a private or public entity. In order for organizations to truly protect themselves […]
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October 19, 2022
Agency

Benefits of Cyber Liability Insurance

When cyber attacks like data breaches and hacks occur, they can result in devastating damage. Businesses have to deal with business disruptions, lost revenue and litigation. It is important to remember that no organization is immune to the impact of cyber crime. As a result, cyber liability insurance has become an essential component to any […]
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June 16, 2022
Agency

What are Jackware Cyberattacks?

Get A Quote For Cyber Liability Insurance  Ransomware incidents entail cybercriminals compromising their victims’ computers or servers with malware and demanding large payments in order to restore the technology (as well as any files or data stored on it). They have often been considered one of the most damaging cyberattack methods. While these incidents are […]
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March 17, 2022
Agency

5 Ways Cybercriminals Target Your Business

These days, cybercriminals are organized and well-funded. Unlike a lone threat actor, ransomware groups will reinvest a portion of their profits into hiring and training talented cybercriminals, making them more dangerous to organizations. As ransomware tactics evolve, it’s important for organizations to be up to date on current ransomware techniques. Here are five ransomware threats […]
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