When it comes to cyber insurance, not all policies are created equal. Successful agents know that a solid cyber policy does more than cover the basics — it protects your clients’ businesses from the kinds of cyber risks they never see coming. But what exactly should...
Insights
Debunking Cyber Insurance Myths: Protect Against Cyber Risks
In today’s digital age, cyber threats are evolving at a pace that many businesses struggle to keep up with. As an insurance agent, you’re on the front lines, helping your clients navigate these complex risks. Yet despite the growing threats, misconceptions about cyber...
Three Ways Artificial Intelligence Is Shaping the Future of Insurance
In a world where technology seems to leap further and further ahead each day, artificial intelligence (AI) remains a transformative force, revolutionizing industries across the board. Insurance agents and their clients are witnessing a complex paradigm shift as...
Cyber Insurance Gives Companies Leg Up on New SEC Ruling
At the end of July, the U.S. Security and Exchange Commission (SEC) adopted the Public Company Cybersecurity Disclosures ruling. These new regulations change how and when public companies disclose information about cybersecurity insurance incidents to shareholders....
Common Cyber Insurance Questions
We all can appreciate the conveniences of technology in our lives. That convenience along with digital interconnectedness have given rise to a multitude of cyber risks that threaten organizations of all sizes and types. The cost of these annual cyber threats in the...
Outsmart QR Code Scammers With These Tips
QR codes have become commonplace in our everyday lives. With a quick scan from a smartphone camera, they offer a fast and easy way to find additional information, access services, or process payments. However, scammers have found ways to take advantage of their...
Technology E&O – Professional Liability: What’s Covered, What’s Not
While technology can improve efficiency and convenience, it's not without risk. Technology E&O insurance protects businesses and their staff from negligence, mistakes, and cyber threats. Learning what E&O insurance is and is not will help you better meet your...
Vishing: The Latest Phishing Attack Trend
GoDaddy, an internet domain registrar and web hosting company, recently disclosed that they experienced three cyber attacks in the past three years. Through these attacks, hackers stole GoDaddy source code, employee login info, and sensitive customer account data....
Healthcare Ransomware Attacks Double, Driving Up Cyber Premiums
Across the board, we’ve seen a rise in cybercrime over the past few years, and the healthcare sector is being hit especially hard. HIPAA Journal reports that between 2009 and 2022, there were a combined total of 5,150 healthcare data breaches of 500 records or more....
Watch Out for These Top Trends in Identity Theft
Halloween is a great reason to don a costume and dress up as someone you’re not, but cybercriminals don’t need that excuse. Through email scams, social media phishing, website spoofs, and other nefarious techniques, they masquerade as someone they’re not—all in an...
8 Cybercrime Trends to Watch Out for in 2023
Although there may be a few frightening characters who show up at your door this Halloween, cyber threats are far scarier (and not likely to be appeased by just a few pieces of candy). The FBI reports that in the US alone, potential losses from cyber crimes exceeded...
Cyber Hackers Are Finding Ways Around Multi-Factor Authentication
One of the simplest ways you can protect your accounts from getting hacked is enabling multi-factor authentication (MFA). With MFA, in order to log into an account, a user must provide more than one security credential to verify their identity—such as a password and a...
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