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The latest reports from FBI and ITRC reveal that cyber incidents in 2023 broke records for financial loss and frequency.

Triple-I: Business Insurance

The 2023 Data Breach Report from Identity Theft Resource Center (ITRC) reveals that last year delivered a bumper crop of cybersecurity failures – 3,205 publicly reported data compromises, impacting an estimated 353,027,892 individuals. Investment fraud was the costliest of all incidents tracked. billion in 2022 to $3.94

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Commercial Insurance Strategies To Protect Your Business

Paragon Independent Insurance Agencies

Protection against damage and theft shields you from financial losses that could affect your business sales. For instance, if theft recurs, it might indicate a need to enhance your business security by investing in safety devices such as security cameras and lights.

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Top 6 Insurance Policies Every IT Business in California Should Have

Jackson & Jackson

Professional Liability Insurance protects your business against claims of negligence, errors, or omissions that result in financial losses for your clients. Business property insurance protects your physical assets against risks like fire, theft, or natural disasters. One oversight could lead to costly lawsuits.

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Executive Protection: A Critical Component of Safeguarding Your People and Organization

Cowbell

Effectively managing threats to employees is crucial, as an attack on an individual employee or family member is a potential vulnerability and attack surface for your organization that can result in reputational damage, IP theft, and financial loss. Credential Theft: C-suite credentials are a prime target for hackers.

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Commercial Insurance and Protection of Business Property

Paragon Independent Insurance Agencies

Commercial Insurance Information Commercial insurance consists of policies to safeguard businesses when financial losses are inevitable. Property insurance policies cover damage or loss caused by perils such as fire, vandalism, theft, or natural disasters. It is critical to understand how to determine what is covered.

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5 Essential Considerations for Insurance When Buying or Investing in Commercial Property

Jackson & Jackson

It covers the physical structure of your building and its contents against fire, theft, and some natural disasters. Business Interruption Insurance Unexpected events can disrupt your operations, leading to significant financial loss. Liability Insurance Liability insurance is essential for any commercial property owner.

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Social Engineering Attacks: What Are They and How to Prevent Them

Cowbell

The aftermath of a social engineering attack can be devastating and result in financial loss, data breaches, malware infections, identity theft, operational disruption, reputational damage, and more. So, how do you prevent and protect yourself from these attacks?