Why is cyber insurance so important? Here are some of the big boys and the cyber attacks that they have incurred: https://lnkd.in/geGcG-yP #cyberinsurance #preotection #cyberbreach
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Thanks to the almost 500 Brokers who registered for our most recent webinar! During the event, Neal Jardine shared gripping narratives of cyber breaches and the deceiving tactics used by hackers, and how cyber insurance can help small businesses mitigate financial losses. Here’s what was discussed: ✔️ Tech support and fraudulent help desk claims are on the rise. It's crucial to remind clients that personal cyber protection is available, which includes coverage for online fraud incidents. ✔️ Social Engineering, including invoice fraud, remains the most common and popular cyber attack. ✔️ Whether you're buying or selling online, it's essential to get protected. Criminals are actively targeting SME businesses. ✔️ In today's digital age, all businesses run on or rely on cloud systems. Cyber protection is your safety net for when others let you down. Watch the recap here: https://hubs.la/Q02wg82P0
Claims Stories | BOXX Insurance Inc.
cyber.boxxinsurance.com
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Contact us today & Ease your Uncertainties ! Please fill the given form below to know more: https://lnkd.in/diTK_ZVS Ransomware attacks can lock you out of your own data, demanding a ransom for access. With cyber insurance, you get coverage for these incidents, including: - Ransom Payments: Assistance with ransom demands and payment recovery. - Data Restoration: Costs for recovering or restoring compromised data. - Business Interruption Losses: Compensation for financial losses due to downtime. - Legal and Regulatory Expenses: Coverage for legal fees and compliance costs. Stay secure and minimize your risks—cyber insurance ensures you’re prepared for the unexpected. #cyberinsurance #cybersecurity #ransomware #ransomwareattack #ransomwareprotection #cyberprotection #insurance #insurancecover #insuranceindia #insurancebroker #cybercoverage #basketoptioninsure
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Contact us today & Ease your Uncertainties ! Please fill the given form below to know more: https://lnkd.in/diTK_ZVS Ransomware attacks can lock you out of your own data, demanding a ransom for access. With cyber insurance, you get coverage for these incidents, including: - Ransom Payments: Assistance with ransom demands and payment recovery. - Data Restoration: Costs for recovering or restoring compromised data. - Business Interruption Losses: Compensation for financial losses due to downtime. - Legal and Regulatory Expenses: Coverage for legal fees and compliance costs. Stay secure and minimise your risks—cyber insurance ensures you’re prepared for the unexpected. #cyberinsurance #cybersecurity #ransomware #ransomwareattack #ransomwareprotection #cyberprotection #insurance #insurancecover #insuranceindia #insurancebroker #cybercoverage #basketoptioninsure
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Only the big ones make the news. Although you don't see them in the headlines, small businesses are the frequent target of cybercrime. Even though any form of successful cyber attack would be detrimental to your business, having the right kind of cyber and professional insurance can go a long way in getting you back on your feet. If you aren't sure that your business has the coverage it needs to get you and your employees working again after a breach- contact us at Synergy and let one of our professionals help get you the protection you need.
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Did you know that 62% of all reported data breaches were with small to mid-size business? Talk to your independent agent about your cyber security insurance needs. More information: https://lnkd.in/edUamYkE
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It's not a question of if, it's when. . . Cyber-attacks are inevitable, but their impact doesn't have to be. Please let me know if you would like to join us at the Shangri-La The Shard, London, on Thursday 2nd May 2024 and discover how we can empower your organisation with the ultimate insurance policy against cyber threats. Regain control over your data and work with us to implement rapid, seamless remediation procedures against ransomware attacks. #cyberevent #ransomwareattacks #remediation #data
It’s not a question of if, it’s when… Cyber-attacks are inevitable, but their impact doesn’t have to be.
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Cyber attacks cost financial firms $12bn says International Monetary Fund (IMF). The number of incidents has more than doubled since the pandemic while the scale of extreme losses has more than quadrupled since 2017 to $2.5bn. The report also states that indirect losses such as reputational damage and security updates are “substantially higher”. Source: https://lnkd.in/eDqgGwak With this in mind, joining us at The Shangri-La Hotel in The Shard, London to discuss all things Cyber Security makes much more sense. #cyberawareness #cyberrecovery #cyberattacks #ransomwarerecovery #ransomwareattacks #cyberresilience #cyberremediation
It's not a question of if, it's when . . . Cyber-attacks are inevitable, but their impact doesn't have to be. Join us at the Shangri-La The Shard, London, on Thursday 2nd May and discover how we can empower your organisation with the ultimate insurance policy against cyber threats. Regain control over your data and work with us to implement rapid, seamless remediation procedures against ransomware attacks. Register now! 👇 #cyberevent #ransomwareattacks #remediation #data
It’s not a question of if, it’s when… Cyber-attacks are inevitable, but their impact doesn’t have to be.
exponential-e.com
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Even with the most advanced cybersecurity measures in place, there's no such thing as a completely foolproof system. That's why having cyber insurance as a safety net is more important than ever. When it comes to cyber insurance, you're essentially looking at two main categories of coverage: first-party and third-party. First-party coverage protects your own business when the unexpected strikes, helping manage immediate expenses like recovering lost data, repairing compromised systems, and covering any income lost while your operations are down. For instance, if you're hit by a ransomware attack, this type of coverage might handle the ransom payment, support you in restoring lost data, or even bring in cybersecurity experts to assess and resolve the damage. It's essentially a financial cushion that helps you bounce back faster without shouldering the entire burden. How prepared is your business for a cyber incident? Do you have cyber insurance in place? #CyberSecurity #CyberInsurance #BusinessProtection https://hubs.la/Q02Rr-Zv0
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If you're only going to remember one thing when trying to ensure your full cyber claim is covered when an incident arises, keep in mind the Golden Rule of Cyber Insurance: "We'll get you back to where you were before the incident." ❌ We've been meaning to move to M365 for years, let's just do it now! ❌ Ok, ok, we'll implement MFA. ❌ Out of an abundance of caution, let's just replace all the laptops. ❌ Let's purchase a new duplicate IT environment that will be completely clean Unlike the last two, M365 and MFA are actually great ideas, and something you may end up deciding to implement as part of your recovery. Just don't expect them to be covered as part of your claim to avoid unintended consequences. #cyberinsurance #incidentresponse #ransomware
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In today's digital age, cyberattacks are on the rise, and insurance agents are not immune. As an insurance agent, you understand the importance of protecting your clients' assets and mitigating risks. But have you considered the potential threats to your own agency's operations? Learn more about why your agency needs a cyber policy. https://ow.ly/WJAZ50QQkj6
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