As a leader of a technology-based business, you know the protection of your clients and company from potential mistakes or breaches is vital. However, you may not be aware that the level of coverage provided by your Technology Errors &…
There has been a lot of discussion in the cyber insurance world regarding a new cyber insurance exclusion. Recent changes to several carriers’ policy language that excludes coverage for cybercrimes committed as acts of war or by a party or…
Small and mid-sized businesses face an ever-growing number of cybercrime threats. These businesses are often the targets of cybercriminals because they lack the resources to protect themselves properly. In addition, many small and mid-sized businesses are unaware of the risks…
According to our insurance carriers, lawyers are now the top sector targeted by threat actors. Of course, law firms are no strangers to threats from cybercriminals, but the nature of this threat has changed over time. Cybercrime was primarily an…
Professional liability insurance (also known as “errors and omissions” or “practical liability” insurance) is an important risk management tool for many professionals. Suppose you’re a healthcare professional, lawyer, accountant, engineer, consultant, real estate agent, or any other sort of professional…
Among the many areas of risk businesses face, cyber risk could be considered a frontier area. While the nature of the threat has yet to be fully understood, being targeted by a cyberattack is all but inevitable. Unfortunately, small and…
No matter the nature of your business, you must take measures to safeguard against potential risks and liabilities, which could include lawsuits. A comprehensive business insurance package will often include general liability coverage, which protects against a wide range of…
Business owners are exposed to various risks that could have significant financial consequences if they are not adequately protected. Proper business insurance can help mitigate these risks and protect business owners from unexpected expenses. Insurance coverage should include protection against…
Cybercriminals create new advanced social engineering tactics and target small and medium-sized businesses. For example, the FBI estimates that cybercriminals stole more than $28 billion through email fraud from 2016-2020, with an average loss per incident of more than $150,000. Social engineering fraud involves…
Most of us are aware that we should not openly share our passwords with anyone and should avoid reusing the same password for multiple accounts. There are also precautions like having a strong password, using an email address as your…