The Power of Having a Cybersecurity Response Plan

Most businesses simply respond to cybersecurity attacks when they happen, leaving them vulnerable and scrambling to come up with a defense plan at the last minute. With proactive cybersecurity, your business can prevent losing thousands of dollars by deploying advanced security solutions and having an incident plan in place to respond to attacks.

Why is Cyber Liability Insurance Important?

In a perfect world, business owners would never have to worry about falling victim to cybercriminals. Company data and critical systems would be immune to cyberattacks and breaches. Unfortunately, we don’t live in a perfect world and keeping your business safe demands awareness (by your people), vigilance (in creating and following processes) and advanced security tools (technology) to stay ahead of bad actors.

Your Finance Team is Under Attack

How one simple administrative control could save you thousands from fake email scams
Your finance team is under attack. And if they are not prepared, your business could fall victim to the $12 billion email scam. That’s how much the FBI estimates has been stolen from U.S. companies in the past five years as a result of phishing attacks and business email compromise (BEC).

BEC is a tactic used by cybercriminals to steal the credentials of executives and C-suite personnel within a company.

Top 4 Types of Phishing Attacks

 

According to KnowBe4, the largest number of phishing sites were documented in 2020. Google’s Transparency Report stated that there were 2.1 million phishing sites last year, climbing 25% from the number of sites discovered in 2019. Therefore, it is extremely important to protect your business with proper safety measures and to be aware of the top four types of phishing attacks.