This New Year Resolve to Review Your Insurance

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While you may have made some good New Year’s resolutions, to make sure that you are not leaving anything to chance you should also revisit your insurance policies. You may have acquired new property, upgraded your home or bought new stuff for your house and, considering the increasing risks of natural catastrophes, you may now have more risk than you’re aware of. By taking a little time, you can ensure you’re adequately protected and that you won’t have any unpleasant surprises if you have to file an insurance claim. We recommend you do the following: Talk to us Call us…
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Hackers Can Tap USB Devices in New Attacks, Researchers Warn

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New research says that USB devices like thumb drives, and even keyboards and mice, pose one of the biggest cyber threats to enterprises. Two scientists and researchers with Berlin’s SR Labs presented on the newest cyber threat at the recent “Black Hat” hacking conference in Las Vegas in a presentation titled: “Bad USB – On Accessories that Turn Evil.” Malicious code can creep into these devices through malware on a computer and be used to hack both personal and business computers, according to SR Labs. Karsten Nohl, chief scientist at the German company, said that hackers or malware can load…
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Watch Out for the Newest Cyber Threat: Ransomware

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The cyber-security stakes have gotten higher for enterprises with the recent news that a hospital in Los Angeles had to fork out $17,000 to pay cyber criminals after they crippled its network. The ransomware that infected Hollywood Presbyterian Medical Center and the ransom they had to pay the hackers to unlock their system reflect the newest danger facing any organization that has a computer network. The hospital’s case is not an isolated one, and experts are warning that cyber criminals have increasingly switched their targets from big companies to small and mid-sized businesses as their networks are easier to infiltrate,…
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Covering Business Interruptions from System Failures, Cyber Attacks

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As businesses become more connected and rely on their networks, websites and outside cloud services to conduct their operations, failure on any of these fronts poses a serious risk. Your networks, websites and cloud services can all go down for various reasons like system crashes, hardware or electrical failures, or hacking and cyber attacks. Any of these can disrupt or completely freeze your operations, depending on how much your organization has gone digital. With these risks growing, you need to have plans in place for keeping your operations humming along should you encounter an incident. This is important because every…
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Study Finds Almost All Businesses Hit by Cyber Attacks

| posted in Blog, Newsletter

A new study has found that the majority of American businesses were victims of cyber attacks in the past year, greatly increasing the security stakes for companies of all sizes. Risk managers are aware of the increasing threat of cyber attack, but despite that, a majority of them said that they are not doing enough to thwart such an event, according to the study by The Hartford Steam Boiler Inspection and Insurance Company. The results are eye-opening and a wake-up call for all companies, especially firms that do not have a risk manager on staff. Worse yet, while in the…
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Mobile Threat Booms: Revisit Your BYOD Policies

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With the amount of new malware that targets mobile devices growing exponentially, if you have not set down rules for employees who use their own smart phones for company business, you should do so now. Network security firm PandaLabs has reported that in the second quarter of 2015, it saw an average of 230,000 new types of malware every day and a total 21 million new threats. Those figures are up an astounding 43% from the second quarter of 2014. Worse, the report noted that a large number of the new types are variants or mutations of previously known malware,…
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