ProWriters

NOVEMBER 17, 2024

As a Cyber Insurance broker, you need to help your business clients understand the dangers ransomware poses, how to defend against them, and why Cyber Insurance is an indispensable part of any sound security strategy. UnitedHealth, which owns Change Healthcare, paid a $22 million ransom in Bitcoin to the cyber criminals.

Cyber 92

Cyber Insurance Insurer Insured 92

ProWriters

SEPTEMBER 1, 2024

Cyber threats continue to challenge individuals, countries, and companies in today’s digitally interconnected world. Have your business clients assessed their cyber risk recently and obtained adequate Cyber Liability Insurance? And some of these conflicts pose cyber security threats.

Cyber 98

Cyber Liability Insurance Risk Liability 98

ProWriters

NOVEMBER 13, 2024

The CrowdStrike outage is also a stark reminder: No organization is invulnerable to disruptive, costly, and potentially disastrous cyber incidents. This incident caused the data access challenges, service interruptions, and damage to revenue and reputation an actual supply chain cyber attack can cause. What Is the CrowdStrike Attack?

Cyber 94

Cyber Insurance Insurer Insured 94

ProWriters

NOVEMBER 12, 2024

Healthcare cyber attacks and data breaches have risen in recent years, according to The HIPAA Journal. The attack not only froze large portions of the Change Healthcare system but also led to exposure of the protected health information (PHI) of potentially one in three Amercians. Several major breaches have made headlines.

Cyber 90

Cyber Liability Insurance Protection Liability 90

Boyle Agency Insurance

NOVEMBER 30, 2024

Protect Your Online Presence We are all on the internet these days and the need for cyber protection is ever greater. Bogle Agency Insurance provides outstanding cyber insurance coverage with Chubb Masterpiece Cyber Protection. People who want to steal your identity or your money are always at work.

Cyber 52

Cyber Protection Crime Insurance 52

Neilson Marketing Services

OCTOBER 2, 2024

Proactive steps, such as secure website hosting , can safeguard your online presence and protect your business from these evolving threats. Our hosting services include built-in security measures to protect your site from potential threats, ensuring that your data—and your clients’—remains safe.

Cyber 105

Cyber Damage Protection Financial Loss 105

Insurance Journal

SEPTEMBER 15, 2024

23andMe will pay $30 million and provide three years of security monitoring to settle a lawsuit accusing the genetics testing company of failing to protect the privacy of 6.9 million customers whose personal information was exposed in a data breach …

Protection 298

Protection Cyber 298

Insurance Journal

DECEMBER 18, 2024

Meta notified Ireland’s Data Protection Commission at the … The lead European Union data privacy regulator for Meta fined the social media giant 251 million euros ($263.5 million) on Tuesday for a 2018 Facebook security breach that affected 29 million users.

Protection 231

Protection Cyber 231

Zywave

DECEMBER 10, 2024

And cyber-attacks arent just increasing in frequency. With the right tools in place, you can empower your client’s cyber experience. Impactful Cyber Education The first step to augmenting your clients cyber experience comes with education. Theyre increasing in cost too. What should that look like? Wondering how?

Cyber 52

Cyber Risk Commercial Broker 52

Insurance Journal

SEPTEMBER 18, 2024

agreed to pay $13 million to settle an investigation by the US Federal Communications Commission into whether the telecommunications company failed to protect customer data that was stolen when a cloud vendor was hacked last year. AT&T Inc. The unnamed …

Protection 278

Protection Cyber 278

ProWriters

NOVEMBER 30, 2024

High-profile incidents in healthcare, automobile retail, and even the cyber security industry itself cast a harsh spotlight on how vulnerable dependencies and connections between businesses are in today’s economy. Doing so can help assess their risk management strategies and the adequacy of their Cyber Insurance coverage. It lost $1.1

Cyber 105

Cyber Protection Financial Loss Broker 105

ProWriters

FEBRUARY 19, 2024

The retail sector has seen a significant uptick in cyber threats, with ransomware attacks surging by 75% in 2022, according to Sophos. It’s a clear signal that as much as we love the digital marketplace, we must do more to protect it. Recent statistics highlight the severity of cyber attacks in the retail sector.

Cyber 52

Cyber Insurance Insurer Insured 52

Jackson & Jackson

JANUARY 9, 2024

In an era where data is as valuable as currency, the risk of cyber threats looms more significant than ever, particularly for technology companies. Cyber Insurance, encompassing Data Breach and Cyber Liability coverage, is no longer optional but a critical component of a comprehensive risk management strategy.

Cyber 52

Cyber Broker-Agent Liability Theft 52

Insurance Journal

SEPTEMBER 16, 2024

12], giving the servers and IT systems that underpin the country’s communications extra protection from cyberattacks. Britain’s data centers will be classified “critical national infrastructure,” the government said on Thursday [Sept. Britain said the move would reassure companies building data …

Building 254

Building Protection Cyber 254

Insurance Journal

DECEMBER 16, 2024

Once considered to be simply “bean counters,” accountants now play an important role in the defence, investigation and protection against cybercrime. Modern cybercrime includes stealing personal information, hacking into systems, spreading viruses and tricking people into giving away money or …

Protection 214

Protection Crime Cyber Insurance 214

ProWriters

JANUARY 23, 2024

Globally, only the manufacturing sector sees more cyber attacks than the financial industry does. The New York Department of Financial Services (NYDFS) established cyber security requirements for financial services companies in 2017. Since then, the cyber security landscape has changed. The newest changes went into effect Nov.

Cyber 52

Cyber Broker-Agent Risk Protection 52

Cowbell

DECEMBER 20, 2024

Although executive protection is not a new concept, it is increasingly becoming one of the responsibilities associated with CISOs and their teams, who are expected to protect key employees from third-party threat actors. So what exactly does executive protection entail? Your leadership will thank you for it.

Protection 52

Protection Cyber Risk Theft 52

ProWriters

JULY 25, 2024

companies faced the risk of a significant cyber attack. Analysts project cyber crime to cost the U.S. For most companies, a cyber breach isn’t a question of if but when. As a Cyber Insurance broker, you can learn from their mistakes to help protect your clients. trillion by 2028.

Protection 52

Protection Cyber Damage Broker 52

Zywave

DECEMBER 9, 2024

Many organizations dont have an effective cyber incident response plan in place. But with a new year comes new opportunities and now is a great time to help your clients set some new resolutions focused on how they can more effectively protect their business in 2025. If not, now is your time to shine.

Cyber 52

Cyber Commercial Building Commercial Insurance 52

ProWriters

APRIL 17, 2024

When you think about cyber risks, you probably think about the dangers malware attacks, data breaches, and other incidents pose to your business clients’ operations, revenue, and reputation. But cyber threats can pose risks to not only sensitive data but also to physical safety. You’re right to do so.

Cyber 52

Cyber Injury Liability Liability Insurance 52

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 Underwriter Underwriting Risk 66

Protect Commercial Insurance

MAY 24, 2024

As a business owner, it’s crucial to protect your business from potential risks and liabilities. Additionally, general liability insurance typically does not cover claims related to professional services or cyber incidents.

Insurance Policy 52

Insurance Policy Protection Policy Business Interruption 52

Protect Commercial Insurance

MAY 30, 2024

As a business owner, it is crucial to protect your empire from various risks and threats that can potentially disrupt your operations and financial stability. In this article, we will explore different types of insurance coverage that can help safeguard your business from property damage, liability claims, cyber threats, and more.

Cyber 52

Cyber Business Insurance Business Interruption Professional Liability Insurance 52

Mark Jackson Insurance Agency

OCTOBER 28, 2024

For businesses, understanding the cybersecurity implications of AI is critical, as is having a plan to protect against AI-related threats. In this evolving landscape, cyber liability insurance can play a crucial role in safeguarding your business from potentially catastrophic losses.

Protection 52

Protection Cyber Liability Insurance Liability 52

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

Jackson & Jackson

JANUARY 10, 2024

In California’s vibrant technology sector, understanding the scope of your Cyber Liability Insurance and Data Breach Coverage is as crucial as having the coverage itself. While these policies are essential in today’s digital landscape, knowing what they do not cover is vital for complete protection.

Liability Insurance 52

Liability Insurance Cyber Liability Property Damage 52

Distinguished

NOVEMBER 26, 2024

Cyber Monday is the appointed day when people frantically shop online for the best deals in time for the holidays. According to Adobe’s yearly shopping insights report, retailers reported a whopping $12 billion in overall revenue on Cyber Monday versus Black Friday’s $9.8 billion in 2023. billion in 2023.

Cyber 52

Cyber Theft Insurance Policy Protection 52

ProWriters

OCTOBER 2, 2024

Sure, you’ll need to assess the compromised data and financial losses, but to truly understand the breach and protect against future risks, data breach forensics is essential. Let’s break down the steps involved in a data breach forensic investigation and see how the experts pull back the curtain on cyber crime.

Cyber 96

Cyber Financial Loss Crime Damage 96

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 Insurance Insurer 52

Cowbell

SEPTEMBER 23, 2024

At Cowbell, we work with our agency partners and brokers to help educate our clients on emerging and evolving cyber risks and the enemy within can present a very real threat. What is a Cyber Insider Threat? How Do Cyber Insider Threats Usually Operate? In the end, that is the goal of National Insider Threat Awareness Month.

Cyber 104

Cyber Business Interruption Risk Protection 104

Paragon Independent Insurance Agencies

DECEMBER 16, 2024

As cyberattacks become increasingly prevalent worldwide, it’s crucial for business owners and commercial investors in Plano, TX, to consider cyber liability insurance. Protection From Financial Losses Dealing with business interruptions, disruptions, legal fees, and data breaches can quickly accumulate costs.

Commercial Property 40

Commercial Property Liability Insurance Cyber Liability 40

Hunton Andrews Kurth

MARCH 3, 2023

A recent settlement filed by the Federal Trade Commission (FTC) and GoodRx may merit a review of your cyber insurance coverages. Enforcement actions can result from security failures to protect data (including employee information), improper data collection practices, failure to disclose a data breach or deceptive privacy practices.

Cyber 52

Cyber Policyholder Policy Insurance 52

Mark Jackson Insurance Agency

AUGUST 22, 2024

As remote work becomes more prevalent, protecting sensitive information against cyber threats is paramount. Here are essential tips and best practices for enhancing data and privacy protection for remote workers. However, this shift also presents new challenges in data security and privacy.

Protection 52

Protection Cyber Business Insurance Risk 52

Protect Commercial Insurance

NOVEMBER 15, 2024

Designed to protect your business from unforeseen risks, commercial insurance can offer the peace of mind you need to focus on what truly matters—growing your business and serving your clients. – Liability Insurance : Protects businesses against claims of negligence or harm caused by their products or services.

Commercial Insurance 52

Commercial Insurance Commercial Protection Business Interruption 52

Corvus

MAY 17, 2024

A bundle approach may work for fruit, but when it comes to cyber risk, bite-sized coverage may not always be enough to keep small businesses protected. In this blog, we’ll explore the differences between a standalone cyber policy and a typical BOP with a cyber extension.

Business Owners Policy 40

Business Owners Policy Cyber Policy Liability Insurance 40

Cowbell

NOVEMBER 1, 2024

October was National Cybersecurity Awareness Month (NCSAM), a time dedicated to raising awareness about the importance of cybersecurity in every facet of our lives, from personal data protection to safeguarding businesses of all sizes. Automated updates and regular system checks can help small businesses stay protected.

Cyber 69

Cyber Risk Protection Financial Loss 69

Accenture: Cyber Insurance

JUNE 20, 2019

In my previous blog post I examined how cyber security ecosystems will allow insurers to take a leading role in the future of this fast-emerging market. I also looked at what we feel are the integral components of an end-to-end cyber protection offering.

Cyber 40

Cyber Insurance Insurer Insured 40