Risk Management Monitor

JANUARY 27, 2022

As ransomware continues to spread and payment costs increase, cyber insurance rates have gone up exponentially. As a result, it is more important than ever for companies to understand their cyber vulnerabilities and exposures so they can ensure they are properly covered. One way to do this is through analytics.

Cyber 66

Cyber Underwriting Underwriter Risk 66

ProWriters

MAY 28, 2024

Contractors in the construction industry are not immune to cyber attacks. Ransomware attacks, phishing scams, and other types of cyber attacks can result in data breaches and other incidents that cause financial loss, reputational harm, and legal consequences. Cyber Insurance for contractors is an essential safety net.

Cyber 52

Cyber Business Interruption Insurer Insured 52

Risk Management Monitor

MAY 17, 2021

As federal and state officials scramble to send unemployment and stimulus funds to help people hit hard by COVID-19 business shutdowns, it has become a perfect storm for cyber fraud. The payments are an easy target for cybercriminals as hackers and cyber gangs around the world have started to file unemployment claims use stolen identities.

Claim 75

Claim Theft Cyber Crime 75

Risk Management Monitor

JUNE 17, 2022

As organizations continue to adapt to remote or hybrid work models, it has never been more vital to have a robust cybersecurity program to better protect against ransomware attacks and other cyberattacks against company systems and personnel. Strengthen Asset Inventory You cannot protect what you do not know exists or cannot see.

Protection 76

Protection Cyber Risk Crime 76

Frankenmuth Insurance

OCTOBER 3, 2024

To help protect your business from AI-powered attacks, you need a baseline understanding of the threats and the resources to stand up to them. Consider cyber insurance. Cyberattacks are the fastest-growing crime in the United States, which is why businesses today benefit from cyber insurance. Not sure where to start?

Cyber 86

Cyber Crime Agents Protection 86

Risk Management Monitor

SEPTEMBER 1, 2022

Cybersecurity should be a top priority for organizations today, especially as employees continue to work remotely without business-grade protections. It is vital that employers protect their organizations and employees from cyberattacks, especially now. Protecting an organization requires the proper tools.

Protection 58

Protection Risk Liability Damage 58

ProWriters

FEBRUARY 12, 2024

Protecting that data from unauthorized access is essential, too. However they happen, security breaches in healthcare can have serious consequences for patients and the organizations responsible for protecting patients’ data. Healthcare data breaches can occur for many reasons.

Cyber 52

Cyber Liability Insurance Liability Protection 52

Risk Management Monitor

JANUARY 27, 2022

However, the algorithms that support them and govern many users’ online activities could end up being something akin to the “pre-cogs” from Minority Report that predict future crimes because the algorithms are collecting so much personal information.

Risk 75

Risk Crime Cyber Theft 75

Risk Management Monitor

JUNE 11, 2021

In a nod to its importance, the National Cyber Security Alliance even recently kicked off the first ever Identity Management Day. An effective end-to-end approach provides visibility and controls to identify risk and protect sensitive information across cloud and on-premise networks while also keeping digital communications compliant.

Risk 49

Risk Cyber Protection Theft 49

Risk Management Monitor

OCTOBER 25, 2022

In other lines of business, as inflation continues to rise and products become harder to get, we can expect to see increased crime activity, with higher value attributed to stolen goods due to shortages and inflation encouraging more employee theft. Key Action Steps for Risk Managers.

Risk 40

Risk Insurer Insured Insurance 40