Data breaches and subsequent identity theft are unfortunate but common occurrences today and have only increased since the onset of the pandemic.
Is the network perimeter dead, or just distributed?
In the earliest days of digital networking, organizations used firewalls as a boundary wall between an organization and the outside risks posed by the internet. It was a security framework that worked well at first — so well, in fact, that the perimeter-first ideology has persisted even to this day, despite the evidence that this approach is no...
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.
Clients have been engaging our team for assistance with cybersecurity insurance renewals with increased frequency, which has raised the question: Why? Is it that...
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...Cyber threats continue to evolve at a rapid pace, challenging even the most operationally mature firms to properly manage the risks.
Smart company owners know that complacency presents a threat to your business in the best of times. But in our current climate, the velocity and unpredictability of those threats – and opportunities – has increased exponentially. That’s why staying on the cutting edge of cybersecurity has become imperative.
Operating in a digital world comes with the risk of losing everything in a cyber incident. It’s estimated that a ransomware attack takes place every 11 seconds, and our team has observed an increasing number of businesses having their backups targeted in these attacks. So, when bad actors penetrate your environment, how do you go from being a victim of ransomware to a victor of ransomware?