Cyber
How Cyber Insurance Protects You Before A Breach
Data hackers can cost businesses big money. Travelers, a leading provider of Cyber Insurance, suggests that it could cost somewhere in the neighborhood of $7 million if they suffer a breach. Since any company that accepts electronic payments is at risk, Cyber Insurance has become one of the most important types of insurance any business…
Read MoreProtecting against #cyberfail: Small business and cyber insurance
While cyberattacks and data breaches at Fortune 500 companies tend to dominate the headlines, America’s more than 28 million small businesses and their 56 million employees are increasingly vulnerable. Their exposure is much the same as that of larger companies, experts say, but many may overlook or underestimate the threat and may not fully understand…
Read MoreCyber threats spike during coronavirus pandemic
Cyber threats to both the health care sector and average Americans have surged as hackers look to take advantage of the panic and chaos caused by the coronavirus crisis. Major agencies including the Department of Health and Human Services (HHS) and the World Health Organization (WHO) have been targeted by hackers in unsuccessful but ongoing…
Read MoreCombating Cyber Crime
Today’s world is more interconnected than ever before. Yet, for all its advantages, increased connectivity brings increased risk of theft, fraud, and abuse. As Americans become more reliant on modern technology, we also become more vulnerable to cyberattacks such as corporate security breaches, spear phishing, and social media fraud. Complementary cybersecurity and law enforcement capabilities…
Read MoreCyber Risk Management & Cybersecurity Insurance
Traditional commercial general liability and property insurance policies typically exclude cyber risks from their terms, leading to the emergence of cybersecurity insurance as a “stand alone” line of coverage. That coverage provides protection against a wide range of cyber incident losses that businesses may suffer directly or cause to others, including costs arising from data…
Read MoreThe FBI on Cyber Crime
The FBI is the lead federal agency for investigating cyber attacks by criminals, overseas adversaries, and terrorists. The threat is serious—and growing. Cyber intrusions are becoming more commonplace, more dangerous, and more sophisticated. Our nation’s critical infrastructure, including both private and public sector networks, are targeted by adversaries. American companies are targeted for trade secrets…
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