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...
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.
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.
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...
It is no secret that funds transfer fraud, aka Business Email Compromise (BEC) and Email Account Compromise (EAC), is on the rise for both businesses and consumers. These losses occur when a threat actor, through social engineering or computer intrusion techniques, can affect an unauthorized transfer of funds or exfiltrate information to further compromise or exploit the target. Chicago FBI...
Ascend Technologies is a far cry from your run-of-the-mill managed services provider. Our information technology professionals help business leaders make IT investments with confidence, eliminate cybersecurity threats, meet the needs of the business, and optimize user productivity — making technology the catalyst for business expansion.
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