May 25, 2022 | Cyber Awareness, Data Security, Financial, Ransomware
As we continue into 2022, ransomware is constantly evolving to test the new limits of cybersecurity. Criminals prefer ransomware for its low overhead costs and high profit margins. As a financial services firm, you must stay on top of your game when preventing...
May 19, 2022 | Cyber Awareness, Financial
Cyberattacks nationwide keep growing in the financial industry; 70% of institutions say cybersecurity is now their top concern. On average, 26% of financial institutions fall victim to cyber fraud (Source). What happens if your financial institution is victim to a...
May 19, 2022 | Cyber Awareness, Financial
Last year was a record setting year for cybercrime, with the finance sector being one of the main targets. According to the FBI, the amount paid to ransomware scammers has reached nearly $1 billion annually. Overall, this industry has the second highest number of...
May 5, 2022 | Cyber Awareness, Phishing, Smishing
One of the latest cybersecurity threats to be popularized is phishing through SMS, or fraudulent texts. This is also called Smishing. If you’ve ever got an unusual text on your phone, or you’re worried about your employee’s use of their personal phones for work, then...
Apr 4, 2022 | Cyber Awareness, Cyber Liability Insurance
Like many new industries, cyber insurance has faced growing pains due to the ever-changing threat landscape. With the rapid increase of ransomware attacks, changing regulations, and the lack of visibility of how clients are protecting their infrastructure, it’s become...
Mar 27, 2022 | Cyber Awareness, Cyber Liability Insurance
The cyber liability insurance market has soared over the last few years, as a rise in high-cost attacks have driven more companies to offset the potential cost to their organizations. Yet, insurers have adjusted their prices accordingly, with the cost of insurance...
