🎄 Just two weeks before Christmas, disaster struck, Hackers hit McJoyful Toys, with ransomware luck. Data was encrypted, production on hold, But Holly remembered her insurance—bold! With Beazley’s Full Spectrum Cyber in place, A response team moved fast to save the day’s race. They decrypted the data, negotiated with care, And soon, toys were delivered—without a scare! Thanks to the right coverage, Holly learned this year, Cyber insurance is a gift to hold dear! 🎅✨ https://ow.ly/4IZN50UujXO #CyberSecurity #CyberInsurance #Ransomware #Beazley #Fullspectrumcyber #Beazleysecurity #BusinessResilience
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🛡️ 𝐃𝐨𝐧'𝐭 𝐠𝐞𝐭 𝐜𝐚𝐮𝐠𝐡𝐭 𝐛𝐲 𝐭𝐡𝐞 𝒇𝒊𝒏𝒆 𝒑𝒓𝒊𝒏𝒕! Many buy-side firms are surprised to learn that #wirefraud is not covered under their cyber insurance policy. As it isn't classified as malware or a network intrusion, but rather as a specific social engineering event. Here comes the #part2 of our Q&A discussion with two subject-matter experts, Conduit Security's Ryan Castle, and Linedata's Justin Ryan, as they delve into the intricacies of #wirefraud for the buy-side and shed light on the crucial aspects you need to be aware of at https://bit.ly/3Vtzoed. #CyberPolicy #FinancialControl #CyberSecurity #LinedataProtect
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In today's digital age, protecting your business from cyber threats is non-negotiable. From data breaches to phishing scams, the risks are real. Stay ahead of the game with our comprehensive cyber insurance solutions tailored for businesses of all sizes. Don't wait until it's too late – safeguard your digital assets. (352) 371-7977 https://lnkd.in/e7t3exJ4
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🤖 Cyber Insurance – new article on our blog In today's digital age, cyberattacks threaten businesses of all sizes. From data breaches to ransomware, the potential costs and losses resulting from these attacks can be devastating both financially and reputationally. Our colleague from the Bratislava office, Michal Rampášek, has prepared an interesting, up-to date article on Cyber Insurance, in which he discusses its practical aspects and also mentions the major court cases shaping this sector. You can find the full article below 👇 in English: https://lnkd.in/df8wCgKE and in Slovak: https://lnkd.in/dzrze98u #Cybersecurity #CyberInsurance #Cyberattack #PETERKAPARTNERS #CybersecurityAndDataSeries
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Talented IT Manager | 15+ yrs | Cybersecurity Expert | Strategic Solutions | Team Leadership | Compliance | ERP | CISSP | MBA
New low in cybercrime: Hackers are targeting executives' children to extort ransom. Discover how to fortify your defenses with our essential cybersecurity tips. Stay vigilant, stay safe! #CybersecurityAwareness #ProtectYourFamily #Ransomware https://wp.me/peSvjo-A4
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When you are the victim of a cyber attack people don’t think of you as the victim, they ask what you screwed up to cause this to happen. Word gets around and can result in less customers wanting to do business with you. Not only that, you’ll likely lose money during the time your systems will be down to recover from attack. Could your business carry on if you were down for a week? What about a month? Cyber insurance is not enough. You need to be actively working to keep your network secure. If you need help, start here - https://smpl.is/96z73 #cyberinsurance #technology #networksecurity #cybersecurity #cyberattack #CrownEnterprises #Stockton #Sacramento #Modesto
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Providing Employee Benefits Strategy & Healthcare Consulting to High-Performing Multi-State Employers
Bottom Line Thursday: The Billion-Dollar Tech Mistake This week, we're veering off our usual path to explore the CrowdStrike incident that sent shockwaves through the business world. We discuss the staggering costs of a simple software update gone wrong. With Fortune 500 companies shelling out an estimated $44 million each for recovery, it's a stark reminder of our digital vulnerabilities and the potential limitations of cyber insurance. #BottomLineThursday #CyberSecurity #TechFailures #BusinessContinuity Tune in for the full discussion and join the conversation!
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„We are too small. Hackers are not interested in our company.” This is one of the excuses why companies don’t want to buy cyber insurance or don’t want to invest in cybersecurity. However, the figures below say something else. Regarding the European Digital SME Alliance, “small and medium-sized enterprises continue to face a growing threat from ransomware attacks." #cybersecurityawareness #grecospecialty Figure©digitalsme
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Rate reductions in the global cyber insurance segment have come after a period of increases driven by a surge in ransomware attacks in 2020 and 2021. Read the edited transcript of an AM Best TV interview about two new reports focused on this sector: https://bit.ly/4dQvceu #ransomware #global #cyber #cyberinsurance
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Think your business is too small to be targeted by hackers? Think again! Over 25% of companies impacted by ransomware have between 11 and 100 employees. Cyber insurance can provide protection and peace of mind in the event your business is targeted. Learn how: https://bit.ly/4cw3XVj #Cybersecurity #Cyberinsurance #Ransomware #CommunityBanking
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Rate reductions in the global cyber insurance segment have come after a period of increases driven by a surge in ransomware attacks in 2020 and 2021. Read the edited transcript of an AM Best TV interview about two new reports focused on this sector: https://bit.ly/3XwdFmj #ransomware #global #cyber #cyberinsurance
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