Recently, the Wannacry ransomware attack wreaked havoc on computer systems around the world, quickly encrypting data and holding it hostage in exchange for payment in bitcoins. As disruptive as this attack was, though, it could have been exponentially worse under slightly different circumstances or with a few tweaks to the program. NO KILL SWITCH One…
There’s no denying the impact new technologies are having on workplaces in a wide variety of industries every day. That trend will only increase as artificial intelligence (AI) and other robotics-based advancements find their way into the day-to-day operations of all kinds of companies. The changes this will bring about are the topic of much…
The beauty of being human is that we are flawed and we make mistakes. Unfortunately, there are plenty of people out there trying to take advantage of those small mistakes that could cost businesses millions of dollars. You might have heard the term social engineering which is otherwise known as a way of taking advantage…
They can attack anytime, anyone, anywhere. Whether they use a virus, phish, or malware, cybercriminals are not only targeting Fortune 500 companies but gradually even smaller businesses. As a matter of fact, small business employers are becoming a target for cybercriminals because they can provide access to larger networks and have valuable customer…
In light of the recent global ransomware cyber-attack, many small and mid-size businesses should take cautionary note…don’t get caught off guard as every business is at high risk from these attacks. Although large corporations seem more prepared, the smaller businesses are taking out less policies for cyber warfare. Regardless of the size of the…
In the wake of the recent worldwide ransomware attack that impacted so many businesses around the world, the protections afforded by cyber insurance may be looking more and more attractive. Whether your business was directly impacted or not, you likely felt the shock waves produced when many companies in diverse industries suddenly couldn’t access their…
The pace of technological advancement is only accelerating as time goes by. That creates huge potential for all types of businesses to improve efficiency and expand into new markets. Putting these emerging technologies to use, however, may also change the nature and frequency of risk exposure, which is something to consider when determining what…
Although relatively new, cyber insurance policies are quickly becoming an essential part of a comprehensive protection plan for businesses of all sizes. However, not all cyber insurance policies are created equal, and there are several different areas they may or may not cover. If you want to be sure you have the appropriate coverage…
No matter what size your company is or what industry you operate in, chances are good that you utilize a computer network for handling internal data, customer data, or both. That being the case, it’s essential that you take all of the necessary precautions to protect yourself from a data breach. The repercussions of this…
With the internet fast becoming a ubiquitous part of most businesses, the need for proper protection in this area is only going to increase going forward. Fortunately, cyber insurance policies can be easily added on to your existing business coverage, but they’re far from a one-size-fits-all solution. Who Needs It? At this point, just about…