Delta Insurance Group’s Post

In today's digital age, cyber threats are a growing concern for businesses of all sizes. Cyber insurance is no longer a luxury; it’s a necessity. The immediate impact of a cyber attack and its flow-on effects can seriously hinder a company’s ability to operate, which is where Delta's Cyber Liability policy is called into action. We have coverage options for a wide range of occupations, including healthcare, media professionals, and software and technology providers. Our breach response service includes cyber specialists, forensic experts, lawyers, and PR consultants who focus on assisting Insureds through an incident. Read more below or contact Miro Dordevich or Joanna Quigan for a quote, or chat today! https://lnkd.in/drNubyHX For full terms, policy wording and disclaimers, see the downloads: https://lnkd.in/gu-K3jET

Think attackers only target big companies? Think again! In today's digital world, businesses of all sizes are increasingly at risk of cyber attacks. Not only are these attacks costly and time-consuming to resolve they can also damage your reputation. It's crucial that businesses have the right level of cover in place to help protect against these attacks. Delta's Cyber Liability Insurance is world class, designed to help protect companies big and small, with a team of dedicated experts standing by to help guide through the process of responding to a cyber attack. Read more about what make Delta different below or reach out to your Delta representative today for more information https://lnkd.in/grdKbgVN

Could your client’s business survive a cyber-attack?   As of 2023, data breaches in the UK are costing organisations an average of £3.4 million (according to IBM Security Report).   Our research indicates that SMEs do not believe to be at risk of attack and make little effort to prepare for one. Cyber insurance is the safety net your SME clients need in the event of a cyber incident.   We have made it easier for you to quickly and efficiently insure your customers, so when a cyber event happens, they are covered from financial losses, costs of forensic investigations, and data recovery, to legal, crisis management, and public relations assistance.   Find out more about our low-touch broker platform and our comprehensive cyber insurance policy: www.onda.ai/uk #CyberInsuranceSimplified #DataBreach #CyberAttack #CyberInsurance

Having worked in both industries, I am seeing some similarities between #security and #cyberinsurance.   Both tend to be an afterthought.   In some cases, security and cyber insurance are only considered after a business has suffered a security incident.    So why is it that the importance of both is disregarded by businesses?   I speculate the reason is the benefits of either are not fully understood.       Or possibly, businesses do not see themselves as needing it or perceive it as a bad investment.    Unfortunately, the value in both is typically not grasped until a loss is experienced. Hopefully when this occurs, protection is adequate and if not, adequate insurance is in place to help the business respond and recover efficiently.   A strong business case needs to be made for both.   

I have partnered with Arctic Wolf to make sure local SMB's have an up to date incident response plan. This very low cost plan and service will help answer questions that cyber insurance companies will ask along with having a detailed playbook of what to do if a cyber incident occurs. Please reach me if I can assist with your current IR planning #endcyberrisk

On this #NationalInsuranceDay, a great read from James Rundle and Catherine Stupp in the The Wall Street Journal featuring commentary from Jack Kudale at Cowbell. Insurers told a congressional hearing Thursday that they need the flexibility to determine what they will and won’t cover under cyber policies, saying they are still trying to understand the risks associated with cyberattacks. The House Committee on Homeland Security’s subcommittee on cybersecurity and infrastructure protection held the hearing to explore how cyber insurance is being used by critical-infrastructure operators, amid warnings of hacking efforts from China and Russia. Jack Kudale, chief executive of Pleasanton, Calif.-based insurer Cowbell Cyber, said during the hearing that cyber is still an emerging risk, and as such, requires a degree of flexibility in underwriting to properly serve the needs of policyholders. “Over the last 10 years, the terminology in coverage has been evolving, and we’re still not there. Putting limitations and standardization might hurt how nimble we are,” he said. The evolution of cyber threats also means that insurers must have the flexibility to customize their policies accordingly, he added. #cyber #cybersecurity #infosec #infosecurity #cyberattack #insurance #cyberinsurance #Cyberresilience #InsuranceInnovation #TechEOInsurance #MoreCowbell #tech #technology

🔒🚗🚨 Worried about data breaches and cyber-attacks? Stay informed and protected with our Data Security Resource Hub! The FTC has implemented new regulations to safeguard your privacy, and we're here to help you navigate through it all. Check out our data security hub for the latest articles and resources to stay up to speed on data security best practices. 🖥️ Plus, a reminder that we will be hosting a webinar this Thursday with AssuredPartners. We'll cover CDK's Cyber Incident and discuss the insurance and compliance obligations that dealers need to be aware of. It's crucial information that you won't want to miss! Use the links below to access our resource hub and register for our webinar! #DataSecurity #Cybersecurity #Webinar #AutoDealer #FTC #StayProtected 🔐 Webinar: https://hubs.ly/Q02DhbCc0 Resource Hub: https://hubs.ly/Q02Dhf4m0

CALL MY OFFICE 1-262-574-5510 Hi everyone. Cyber Security awareness month doesn't really have that ring too it that pulls your attention. But for all of us small business owners in WI this coverage is almost a must these days. This insurance covers costs for things like: • Communicating a data breach • Investigating the cause and severity of the situation • Liability and defense costs Learn more about business insurance coverages at https://lnkd.in/gfve5Uh8. @insurance @savings @localagent

The insurance industry will continue to face significant cybersecurity risks as it increasingly relies on digital systems and data. Cyber threats such as data breaches, ransomware attacks, and phishing schemes pose serious risks to sensitive customer information and financial assets. Insurance companies must invest in advanced cybersecurity technologies, implement stringent security protocols, and foster a culture of cybersecurity awareness among employees. #Insurance #Cybersecurity #Data #CyberThreats #Compliance

Did you know cyber insurance is a crucial part of any organization's risk management strategy? However, there's a significant coverage gap across different industries. According to a report by CYE, 80% of insured companies that experienced a data breach didn't have enough coverage. With cyberattacks posing a major threat to businesses, organizations are ramping up their cybersecurity budgets and implementing stronger technical controls. But here's the catch: many organizations still struggle to ensure they have adequate coverage. Why? One of the reasons is due to a lack of understanding about what's actually covered in a cyber policy. 1st party solutions include incident investigation and response costs, data restoration, cyber extortion, cyber crime and more. 3rd party solutions include privacy liability, security liability, media liability, and privacy regulatory defense costs and fines/penalties coverage. That's why we're here to help! Throughout #CyberAwarenessMonth, we'll be sharing valuable information and tips to raise awareness about #CyberSecurity. Stay tuned and join us in bridging the coverage gap! #MarshMMA Read more: https://bit.ly/3N8UeKv