Cybersecurity is complex and constantly changing, so as the threats continue to rise, you may wonder, "whose responsibility is cybersecurity?"
A ‘Compliance First’ Mindset Limits Liabilities for Organizations Like Yours
By adopting a Compliance First strategy when choosing solutions and vendors, you can identify those that do not comply with your requirements & eliminate them in order to be prepared for your cyber insurance questionnaires. It also means evaluating your current solutions and vendors and replacing those that cannot...
If you think that your cybersecurity insurance claim will be cleared with no questions asked, think again. While reviewing your claim, your cyber insurance provider will assess whether you took “due care” to protect your business from being compromised by a cyberattack. While having a cyber liability insurance policy is non-negotiable today, you cannot be fully assured that your insurer will...
Like other insurance models, cyber insurance (also referred to as cyber liability insurance or data breach insurance) provides coverage for a type of loss. In the case of cyber liability insurance, this type of loss would include the impact of data breaches and cyberattacks. In this article, we'll cover the top-asked questions about cyber insurance and some expert tips for getting the right...
Cyber insurance (also referred to as cyber liability insurance or data breach insurance) provides coverage for the impact of data breaches and cyberattacks. In recent years, cyber insurance brokerages have begun to recognize that security controls which reduce risk and liability are foundational to every organization's security posture.
Nothing is more powerful and important for an organization to be successful than communication. There are many tools for a business to choose from, such as Zoom or Slack, but in our professional opinion, Microsoft Teams is the ultimate business collaboration tool. Microsoft Teams isn’t just for meetings, calls, and chats; it’s a powerhouse tool that integrates with other productivity tools, like...
When applying for cybersecurity insurance this year, many organizations were surprised by new protocols during the security interview. What is causing this, and what are some of the new changes to cyber insurance renewals to be on the lookout for? Here's what we've found.
Rising Cybersecurity Incidents
After the COVID-19 pandemic began, organizations have seen an increase in cyberattacks due...
Clients have been engaging our team for assistance with cybersecurity insurance renewals with increased frequency, which has raised the question: Why? Is it that...
Penetration tests are considered one of the best returns on investment for a security program because they provide verified, immediate, and actionable data to better secure your environment.
Thanks to the mass transition to hybrid or fully remote working models as of late, cloud computing’s popularity has skyrocketed. In fact, a recent study from VentureBeat reported that 69% of businesses attributed their successful pandemic recovery to cloud computing.With cloud computing becoming more of a necessity than an accessory, software providers are working to offer more features and...
While cloud computing and services are becoming more and more popular, some industries are hesitant to jump on the bandwagon. Financial technology, or FinTech, is one of them.
Working in FinTech, your #1 goal is to improve and automate the delivery and usage of financial services for banks, equity firms, and other entities within the industry. You work to provide the right technology and process...Google recently announced that their G Suite legacy free edition will soon become obsolete, meaning all organizations will now be required to upgrade to a Google Workspace paid subscription.
You could take the easy route and let Google automatically upgrade your account. Or, you could take advantage of this opportunity to explore other (more efficient) alternatives, like Microsoft 365.
While...
Cyber threats continue to evolve at a rapid pace, challenging even the most operationally mature firms to properly manage the risks.
The last two years have demanded that organizations adapt to new technology (and quickly) to stay afloat. Suddenly, employees couldn't collaborate in the same room or meet with clients in person, and the only solution was to go digital.
While this transition didn't happen under ideal circumstances, many organizations have seen the benefits firsthand of embracing new technology. Reports show that...
In 2021, cybercriminals targeted high-profile companies such as Microsoft, The Colonial Pipeline, and Kaseya, proving they weren't afraid to take on organizations both large and small. These breaches sent shockwaves through global supply chains and networks, causing business owners to realize that strong cybersecurity measures have never been more urgent.