Cyber Insurance Blog

To err is human. And while forgiveness may be divine, it’s never how allegations of negligence are resolved in our litigious society. Architects and engineers know this truth firsthand. Liability claims against architecture and engineering firms have been on the rise, according to Insurance Journal, and “Juries are handing down larger and larger awards.” Architects and Engineers (A&E) Professional Liability…

While cash was king for the majority of our nation’s history, credit cards have been growing in popularity since they first originated in the 1950s. Today, however, the population is carrying less cash. In a survey, 76% reported they keep less than $50 on hand at all times (if that). The convenience of credit cards has taken over and small…

If the last year has taught us anything, it’s that tragedy and turmoil can strike in unsuspecting ways. Although the pandemic has caused slowdowns in many aspects of business, cyber crime is not one of them. In fact, cyber security incidents have increased: The FBI reports as many as 4,000 new attacks every day. Cyber terrorism a growing concern as…

If Your Clients Accept Credit Cards, They Need To Be in Compliance As payment processing becomes more sophisticated, so do cyber attacks. The Payment Card Industry Data Security Standard (PCI DSS) was created to protect sensitive consumer credit card data. If your clients accept credit cards (even one card transaction), they’ll need to make sure they’re compliant. In addition, they’ll…

When COVID-19 erupted globally, hackers doubled down on their cyber attacks like never before. By April 2020, the World Health Organization (WHO), reported a fivefold increase in cyber attacks directed at its employees. As the pandemic raged on, a cyber crisis continued with attacks on health care organizations, vulnerable Americans awaiting their government stimulus checks, children attending school via virtual…

For the past year, more patients have visited their doctors via telemedicine than ever before. However, healthcare faced significant cyber risk long before COVID-19. As healthcare organizations collect and store the most sensitive data on their patients, including personally identifiable information, private medical records, and financial account information, healthcare is a prime target for cyber attacks. As these threats show…