Posts Tagged "cyber attack protection"

Top 5 Cyber Attack Risks for Your Business

Posted by on Jun 9, 2016 in News | 0 comments

Cyber attacks continue to grow, with cyber thieves in pursuit of personally identifiable data that can be sold on the black market. According to the 2015 Symantec Internet Security Threat report, the past year saw a 23% increase in the number of data breaches. Here are some of the top cyber risks and what they may mean for your business, regardless of size: Cyber Risk #1: Human Error: Lost and Stolen Laptops and Smartphones Cyber Risk #2: Hacker Cyber Risk #3: Spear Phishing: Social Engineering Targeted at Employees Cyber Risk #4: Extortion Cyber Risk #5: Hacktivism: Social and Political “Hactivists” That’s why we offer extensive information security breach coverage with a variety of limit options and price points. CyberFirst Essentials® — Small Business insurance offers coverage for a variety of cyber security breach claims and lawsuits. Some of the most common ways an information security breach can occur within a small business include: Online hacking and theft of confidential information such as credit cards or social security numbers, medical or healthcare information, etc. Accidental loss or sharing of personal information The loss or theft of paper records from an office location CyberFirst Essentials — Small Business insurance offers coverage for necessary expenses including breach notification, credit card monitoring services, costs to retain a public relations consultant, and more. Call us today for details or a free...

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Cyber Criminals Targeting Business Mobile Devices

Posted by on Mar 10, 2016 in News | 0 comments

Cyber criminals are targeting mobile devices in growing numbers – especially those associated with business accounts. To protect the sensitive data on your devices, it’s important to remain vigilant, even if your financial institution implements preventative measures on your behalf. “Banks use sophisticated safeguards to protect customer information, and it’s important for consumers to take certain safety measures too,” says Doug Johnson, senior vice president of Payments and Cybersecurity Policy at the American Bankers Association (ABA). “Remember that your smartphone or tablet is like a little computer, and any device used to connect to the Internet needs to be protected.” Johnson recommends the following 12 steps to ensure your data remain out of the hands of cyber criminals: 1. Use the passcode lock on your smartphone and other devices. This will make it more difficult for thieves to access your information if your device is lost or stolen. 2. Log out completely when you finish a mobile banking session. 3. Protect your phone from viruses and malicious software (malware) by installing mobile security software. 4. Use caution when downloading apps. Apps can contain malware, worms and viruses. Beware of apps that ask for unnecessary “permissions.” 5. Download the updates for your phone and mobile apps. 6. Avoid storing sensitive information, like passwords or a Social Security number, on your mobile device. 7. Tell your financial institution immediately if you change your phone number or lose your mobile device. 8. Be aware of “shoulder surfers.” The most basic form of information theft is observation. Be aware of your surroundings, especially when typing sensitive information. 9. Wipe your mobile device before you donate, sell or trade it using specialized software or using the manufacturer’s recommended technique. Some software allows you to wipe your device remotely if it is lost or stolen. 10. Beware of mobile phishing. Avoid opening links and attachments in emails and texts, especially from senders you don’t know. And be wary of ads (not from your security provider) claiming that your device is infected. 11. Watch out for public Wi-Fi. Public connections aren’t very secure, so don’t perform banking transactions on a public network. If you need to access your account, try disabling the Wi-Fi and switching to your mobile network. 12. Report any suspected fraud to your bank immediately....

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Private Sector Cyber Attacks – You’re On Your Own Baby!

Posted by on Feb 4, 2016 in News | 0 comments

Companies should not rely on the government to protect them from cyber attacks, states a former chairman of the House Intelligence Committee. U.S. businesses are being targeted 24/7 by North Korea, China and Russia to disrupt operations and in many cases to steal intellectual property. The real issue is that U.S. privacy laws prevent government security agencies from protecting commercial enterprises from these types of attacks. Businesses can protect themselves from the myriad of new technologies becoming available, but an overlooked tool in focusing attention on cyber security safety is insuring against it. 85% of U.S. networks are private-sector networks – the world is changing and we’re not sure we’re ready for it when it comes to cyber attack security. Because it’s against the law of the United States, The National Security Agency is not permitted to be on your networks – so the only way they catch an attack coming in is if they catch it overseas first. What does that mean to the private sector? You’re on your own baby! Every day businesses are facing the challenge of defending their networks from domestic and international cyber attacks and the challenges aren’t getting smaller – they’re getting bigger and bigger and in most cases they are already one jump ahead when it comes to getting around security measures. Technology companies are frantically forming and producing security solutions that will offer protection but if you’re depending on the government to help you, don’t think that way! The minds of executives need to be concentrated on cyber security and buying cyber insurance is the best way to get them involved in their own fight. The thought process then becomes, I’m paying for this, I need to pay attention and be held accountable! Contact us today to get your business cyber...

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