Threat actors rarely re-invent the wheel. They often take tried-and-true tactics and put new twists on them. In this month’s Cyber Savvy Broker Newsletter, we look at two attack methods that Coalition Incident Response has observed leading to cyber insurance claims: SIM swapping and SEO poisoning. Discover how these methods that have been around for over a decade are becoming easier and more lucrative for attackers, and learn what your clients can do to reduce their chances of falling victim to them.
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Cyberattacks are rising, costing businesses millions. Traditional insurance isn't enough; cyber insurance covers legal fees, data restoration, and more. Help your clients protect themselves with these tips: 1. Avoid clicking on ads. 2. Be cautious with emails. 3. Use trusted sites and apps. 4. Regularly change passwords. 5. Beware of suspicious phone calls. 6. Keep devices updated. 7. Use endpoint protection and encryption. Read more here: https://lnkd.in/gmPPT9ef
Protecting Your Clients: The Power of Cyber Insurance
insurancejournal.com
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Have your business clients assessed their cyber risk recently and obtained adequate Cyber Liability Insurance? Drawing your clients’ attention to current cyber threats may be a way to help them understand the importance of Cyber Insurance and motivate them to purchase it through you. Find out: https://hubs.li/Q02PyTKY0
Why Cyber Attack Insurance Matters Today | ProWriters
prowritersins.com
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IT Project Manager • Technology Writer • Content Developer • Learning Developer and Manager • Helping people understand technology better
Good news - cyber insurance rates are falling as businesses improve their cybersecurity defenses. As this article mentions, implementing MFA is the most important thing that organizations can do to prevent cyberattacks. It's also vital to educate employees on how they can use multifactor authentication both at work and at home. #cybersecurity #cyberinsurance
Cyber insurance rates fall as businesses improve security, report says
reuters.com
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Here is a great article that can help us in the cyber world we live in Read: 10 Ways to Lower Your Cyber Insurance Cost - https://ow.ly/vS3N50RpltT
10 Ways to Lower Your Cyber Insurance Cost
insuranceorangepark.blogspot.com
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Don’t just hope that a cyberattack won’t happen to you! Read 5 compelling reasons why every small business needs cyber insurance protection: 1. Staff reliance on computers 2. The storage of business and personal data 3. Lack of strengthened password protocols 4. Financial implications of a cyberattack 5. Inadequate insurance policies for losses from cyber attack. Learn more about protecting your business from cyberattacks. https://okt.to/r5JLfC #Gallagher #GallagherInsurance #CyberRisks #InsuraceAUS #CyberInsurance #CyberAttack
5 Reasons Why Your Small Business Needs to Consider Cyber Insurance | Gallagher AU
ajg.com
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Don’t just hope that a cyberattack won’t happen to you! Read 5 compelling reasons why every small business needs cyber insurance protection. 1. Staff reliance on computers 2. The storage of business and personal data 3. Lack of strengthened password protocols 4. Financial implications of a cyberattack 5. Inadequate insurance policies for losses from cyber attack Learn more about protecting your business from cyberattacks. https://bit.ly/3ToIqX0 #Gallagher #GallagherInsurance #CyberRisks #InsuraceAUS #CyberInsurance #CyberAttack
5 Reasons Why Your Small Business Needs to Consider Cyber Insurance | Gallagher AU
ajg.com
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📰 A longer read for the weekend - a very interesting piece on the more recent development of the cyber insurance market from Forbes magazine, explaining how new entrants with tech and security backgrounds have helped shift the emphasis to loss prevention. #insurance #cyberinsurance #cybersecurity #insurtech #fintech https://lnkd.in/epeK2PmC
How Two Former Spies Cracked The $11 Billion Cyber Insurance Market
forbes.com
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"The Dark Horse: Disruption Risk From Third Parties" Do you know what your third party service providers do to protect YOUR customers data that they have access to? You better check with your video conference provider...something you use daily. They've got access to so much information that you need to protect. If it's not Peer2Peer Technologies...it's not fully protected. We believe Your Business is YOUR Business. Period. Cyber Insurance: A Few Security Technologies, a Big Difference in Premiums https://lnkd.in/eVbcPhS9
Cyber Insurance: A Few Security Technologies, a Big Difference in Premiums
darkreading.com
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Skyrocketing cyber insurance rates have many wondering if a federal backstop is needed. Experts say we need to tackle cybersecurity controls first. https://ow.ly/UPlY50SbRkB Sponsored by AXA XL #riskandinsurance #cyberinsurance #cyber
A Cyber Insurance Backstop? Hold On — We Need to Build Resiliency First
https://riskandinsurance.com
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📈 Underwriters are expecting cyber insurance premiums to rise in 2024, due to the sharp increase in ransomware activity in 2023. In a new survey, they ranked the most concerning threats companies are facing. Ransomware was the most significant, with supply chain attacks and privacy violations among the top three. Staying ahead of these risks is far better than having to file a claim. None of the underwriters surveyed predict cyber insurance premiums to decrease this year, but experts warn not to hike prices in response. The trends in ransomware are changing, especially in relationship to how insurance companies respond to nation-state attacks: https://lnkd.in/eiGiJYeN
Cyber Insurance Premiums Expected to Increase in 2024, Ransomware Cited as Top Threat - Socket
socket.dev
