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Cyber Update 6-14-21

  Cyber Insurance has been at the forefront of risk managers' minds for months now.  While the market for insurance to cover the risks of hacking, data breach and ransomware has been excellent with inexpensive rates and broad coverage that is now changing.  We are seeing substantial increases in premiums, reduction in coverage and closing of markets reducing availability.  Cyber Insurance is key to your...

Ransomware

Cyberattacks Against U.S. Infrastructure Are 'Here To Stay' After 100-Gigabyte Colonial Pipeline Hack, Biden Official Warns "This is what businesses now have to worry about," Commerce Secretary Raimondo said to CBS' Face the Nation of the ransomware attack and data hack that led Colonial Pipeline, the nation's top fuel pipeline operator, to shut down Friday. Protect your business from devastating attacks on your bottom line.  Ransomware and other...

Ransomware Attacks

Now is the time to close the Cyber gap in your company's insurance program.  The coverage is increasingly difficult to find, costs are rising and terms are being restricted! 04/27/21 From The New York Times: D.C. Police Department Data Is Leaked in a Cyberattack The department appears to be the third police force to be targeted in a ransomware attack in six weeks, and the...

Cyber Insurance Market

Cyber Insurance has been at the forefront of risk managers' minds for months now.  While the market for insurance to cover the risks of hacking, data breach and ransomware has been excellent with inexpensive rates and broad coverage that is now changing.  We are seeing substantial increases in premiums, reduction in coverage and closing of markets reducing availability.  Cyber Insurance is key to your organization's...

Cyber Insurance Policy

Hackers have successfully breached the country's most sophisticated internet security measures at both the government and private industry level.  So you've decided to buy the inexpensive insurance to supplement your organizations safeguards.  What actually makes up a good Cyber Insurance Policy?  Check out the following to find out! What Makes Up A Cyber Policy...