Does the thought of cyber attacks and data leaks keep you up at night? You're not alone. In the first half of 2019 alone, data breaches exposed 4.1 billion records. So it's no wonder that 68 percent of leaders feel their business's cybersecurity risks are rising.
If You Are Plugged In, You Are A Target
If you run a small business, you are a target for cybercriminals. I know you don’t believe it but I see it all the time. It’s just a fact of life, if you’re plugged in, you are a target.
Hackers, scammers, and cybercriminals of all kinds target small businesses because they are plentiful, and most times, they lack good cybersecurity - if they have any!. Here’s the real crime: these criminals don’t need to use malicious code or advanced hacking skills to get what they want.
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.
As a newly globalized world moves into cyberspace to earn its slice of digital profits, cybersecurity threats are rising to meet them. The first half of 2017 saw a massive rise in the sophistication of cybersecurity meltdowns. An enigmatic hacking group released a range of NSA tools that were quickly snapped up for use in two ransomware attacks.
Cybersecurity threats have evolved drastically to meet the new data theft playground that is the cloud. The first two quarters of 2017 saw the advent of new, viral ransomware and improved phishing campaigns. Cryptocurrencies are fresh bait for cybercriminals, who are finding stealthier ways to launder their money.
