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Real Life Cyber Attack On Your Business

by Jeff Cotto | Jun 29, 2021 | Business Insurance, Condo Insurance, Cyber Insurance, Real Estate & Property Management

60% OF SMALL COMPANIES GO OUT OF BUSINESS WITHIN SIX MONTHS OF A CYBER-ATTACK. Bob, the owner of ABC Company, logs into his remote laptop on a Sunday evening to spend some time prepping for the work week, and something’s not right. All the files on the server have...

Increased Potential for Cyber Attacks

by rogersnew | Jan 9, 2020 | Business Insurance, Cyber Insurance, News and Events, Risk Management

With tensions rising in the Middle East, the nation is on alert for increased cyber threats. Texas Governor, Greg Abbott reported yesterday that there have been as many as 10,000 attempted attacks per minute from Iran on state [TX] agency networks in the last 48 hours...

Ransomware | The Virtual Threat to Every Business

by Matthew Carnuccio | Jul 30, 2019 | Business Insurance, Cyber Insurance

It’s easy to do a quick online search and find stats on some of the more prominent ransomware attacks and the costs that these companies have incurred from such attacks. But what about the 58% of cyber attack victims that are on the smaller side with fewer than...

The Surprising Costs of a Cyber Attack

by Matthew Carnuccio | Jun 25, 2019 | Business Insurance, Cyber Insurance

Last month I shared some insights on cyber insurance and how to identify potential gaps in your business’s coverage. This time around, I want to share some thoughts on business interruption coverage… more specifically how businesses are impacted by a...

Gaps in Cyber Insurance Coverage

by Matthew Carnuccio | May 23, 2019 | Business Insurance, Cyber Insurance

If you are a business owner – or someone in charge of the risk management program for their company – you probably know about cyber insurance. More companies are electing to transfer some of their risk by purchasing a cyber insurance policy. Bottom line, cyber...

Does my business need cyber liability insurance?

by Matthew Carnuccio | Oct 5, 2018 | Business Insurance, Cyber Insurance, Healthcare, Risk Management, Small Business Insurance

Most companies today do at least some of their business online. While this has streamlined operations and made things more convenient for businesses, it’s also opened them up to a new host of risks and threats, like hackers, malware, and online scams. And, it’s no...
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