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Monthly Archives: September 2019

These behaviours raise your client’s cyber risk

Some classic examples of employee behaviour that is risky are clicking on an obviously suspicious email, opening attachments they weren’t expecting and creating passwords that are easy for anyone to guess. The root causes of risky computer use are lack of awareness, lack of understanding about how security affects ordinary workflows and competing priorities.

It is important for senior leadership to transmit implicit and explicit messages about cyber safety. They should educate employees and encourage them to practice safe computer use to decrease risk of a phishing attack.

Source:  https://www.canadianunderwriter.ca/insurance/these-behaviours-raise-your-clients-cyber-risk-1004165201/

Why cyber insurance is critical protection for any business

Digital information is one of the world’s most valuable commodities and is at risk of being attacked, stolen, held for ransom or destroyed. It’s not only the large businesses that require protection against hacks and other malicious activity, any company in possession of sensitive information should have a comprehensive Cyber Insurance policy to guard against cybercrime and data breaches.

Companies in any industry can be impacted. If a company handles sensitive information or holds onto confidential information on behalf of third parties, they carry a risk for the information to be altered or lost, a violation that can cost millions.

Data breaches are one of the most common events covered by a cyber policy. Speak to your insurance broker or agent to better understand your coverage.

Source: https://www.insurancebusinessmag.com/ca/news/cyber/why-cyber-insurance-is-critical-protection-for-any-business-173331.aspx