Delta Insurance Group’s Post

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.   

Could your client’s SME business survive a cyber-attack? As of 2023, data breaches in the UK are costing organisations an average of £3.4 million. ⤵ 🆘 SMEs believe they are not 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 #CyberHygiene #UKMGA #CommercialBrokers #CyberThreat #MFA #Firewall #MalwareProtection #Phishing #SocialEngineering #CyberRisk #RiskAssessment #CyberInsurance

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

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

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

Announcing the next in our series of Cyber Attack Simulation workshops together with Womble Bond Dickinson (US) LLP and Palo Alto Networks Nashville February 28th from 9.30 am CT During this event, a panel of industry leaders, cyber experts and legal professionals will step through a cyber incident simulation, based on a “fake” company which is under attack. We will examine the scenario, the response and give real-time perspectives from the viewpoint of forensic investigation and mitigation, legal, cyber insurance, and law enforcement considerations. These workshops, aimed at senior executives, will help prepare you to identify the risks, so if the worse happens, you are prepared for the decisions you will need to make whilst under pressure, their consequences, how to determine priorities, how to recover and, perhaps more importantly, what not to do. But above all, how to mitigate risk and what to do to protect your organization against such attacks. Our expert panel; David ⚡ Clarke FBCS CITP Bill Mew Tara Cho, CIPP/US, CIPP/E Hayden McKaskle to book your place and for more information: https://lnkd.in/emsZH5Ym

🔒🚗🚨 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

When a business experiences a cyber attack, they don’t just pay for the remedy, like a ransom payment, and move on. A cyber attack can have long-tail costs and effects, like regulatory fines, credit monitoring services, and potential legal disputes. It’s just one of the reasons it’s helpful to have a cyber insurance policy in place. Learn more about these impacts and why having a cyber claims team to guide your clients every step of the way is so important: https://bit.ly/3ugzMkG