Despite Cyber Threat, Few Firms Train Staff in Security

| posted in Blog

Even the most up-to-date firewall and virus protection will not protect you against the biggest threat to your organization’s cyber security – your employees themselves. Despite this only 45% of companies train their workers in how to prevent breaches, according to a new report released by the Ponemon Institute, even though 55% of organizations surveyed said they believe they had had a security breach caused by a malicious or negligent employee. And, 66% of respondents said employees are the weakest link in their efforts to create a strong security environment. The report says also even when there is training, there…
Read More

Exclusions: What Your Cyber Policy Does Not Cover

| posted in Blog

As the threat of hacking and cyber attacks on the databases of all organizations grows, so has the uptake of cyber insurance policies. But when buying a policy and anticipating a claim, it’s important to know exactly what’s covered. All insurance policies have exclusions for what’s not covered but, since cyber insurance is new to most companies, you may not know what isn’t covered by them. This article will look at the most common exclusions of these policies, which –because they are still in their infancy – will vary from insurer to insurer. But for the most part, these are…
Read More

Cyber Threat Mounts with Human Error and Ransomware

| posted in Blog

Two new reports show two significant trends in the increasingly busy area of cyber security: Careless employees are a prime reason many companies’ databases are getting “phished” for data; and the rising tide of ransomware, where hackers freeze up a computer and demand payment to release it. And in a majority of cases, it is small and mid-sized firms that are being targeted. Don’t think you need to worry? Think again. When these malicious code-bearing e-mails (phishing and ransomware alike) are sent, there is an 11% chance that an employee will click on the link that will let the phishing…
Read More