In today’s news headlines, a week doesn’t pass without a mention of a large company experiencing some type of cyberattack or breach. Examples of high-profile cyberattacks in the news over keep reading >
According to the Insurance Institute for Highway Safety, there could be 3.5 million self-driving vehicles on the road by 2025. This outlook isn’t surprising considering large automakers like Volvo, Audi, keep reading >
Cyber security in the healthcare industry has become imperative as data breaches and security incidents have surged in the last year, exposing patients’ personal medical records to cyber thieves. Experts have reported that medical records, which often contain Social Security numbers, insurance IDs, addresses and medical details, are more valuable to cyber criminals than stolen credit card information.
Every company, regardless of size, is a potential target for commercial crime – whether it’s employee dishonesty, forgery or alteration, theft of money and securities, burglary or computer fraud, these types of criminal acts costs businesses billions of dollars each year.
Spear Phishing, also known as Social Engineering Fraud or Fraudulent Impersonation, targets a specific individual via email with the intent of deceiving the individual into transmitting funds, releasing confidential information, etc. In most cases, once the funds have been transmitted, it is extremely difficult to recover them.
While social media can be a useful tool, both personally and professionally, it is not without its risks – especially if you’re a health and human services organization.
An increase in health care data breaches is due to outdated, unsecured computer systems. Liabilities should be covered under Cyber Liability Insurance.
While traditional insurance policies won’t be enough to protect your business, cyber liability insurance could be the answer, as long as you know what exposures they cover.