The Cost of Not Paying Attention – Why you may be denied coverage for your cyber claim.

 

Remember that old commercial where the actor said, “I’m not a doctor, but I do play one on TV,” well I’m not a lawyer, but I play one almost every day in our business.

 

Due Diligence and Due Care
Today the topic of conversation was the legalese terms “due diligence” and “due care”.

As a business owner, due diligence and due care can be a really big deal to you, especially when it comes to your company’s cybersecurity and insurance protection.

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Why Cybersecurity Training for Employees Is Essential

Let’s say one of your employees receives an email that looks like it’s from one of your clients filled with links out to “urgent” documents. Are you confident they won’t click one?

If your accounting team receives an email asking them to wire a payment to a different account, how certain are you that they would know better?

What about when one of your employees is at home, checking their work email on their mobile device and suddenly gets an email with a chance to win an iPad in exchange for taking a simple 5-minute survey.