Posts Tagged ‘cyber coverage’
5 Reasons Cyber Security Insurance Is Becoming More Important Than Ever
With more businesses moving their data into the cloud, there is more emphasis on keeping data secure – both for the business and for the private data of consumers. While cyber security is a top priority for many business owners, many still overlook the need for cyber security insurance, especially new and small businesses. This…
Read MoreWhy Hackers Love Healthcare Data
Have you ever wondered how cyber criminals choose their targets? Vulnerable entities include government websites, medical systems, financial institutions, corporations, small businesses, and individuals. To figure out the most likely victims, we need to think like hackers. Cyber criminals ask two main questions when deciding where to strike next: How easy will it be? Criminals…
Read MoreRansomware Rampant in Among Small Businesses
As if this year didn’t have enough catastrophes, here’s another record-breaker: The risk of cyberattacks in 2020 is higher than it’s ever been, with no sign of slowing. According to one report, ransomware samples have increased by 72%, vulnerabilities in mobile devices have increased by 50%, and “attacks on critical infrastructure” in businesses run rampant.…
Read MoreWhat is the cost of a data breach?
Data breaches affect commercial enterprises and customers alike; businesses lose credibility while potentially facing class-action lawsuits, whereas consumers can be victims of identity theft or payment fraud. In the case of businesses, apart from the bad press and regulatory headaches caused by a data breach, the financial implications can bleed the business dry for years…
Read MoreCost of a HIPAA Violation
Patients share critical health related information with caregivers and health organizations with the belief that their data will be kept confidential. Any breach of data confidentiality can lead to critical patient information being leaked to unwanted sources and can cause people to lose trust in their health provider. The HIPAA privacy rule was enacted in…
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