The First Step in Fighting and Managing Cybercrime is to Assess Your Company’s Technology

Cybercrime is a fast-growing threat to U.S. companies, with data breaches, phishing scams, ransomware and malware all now part of the corporate security vernacular. The COVID-19 pandemic has only made matters worse, causing more security threats now that more people are working from home on less secure networks. Security is not just an IT concern; it is an organization-wide risk with far reaching implications that also affects the operational and financial aspects of companies as a whole. 

Number of COVID-19 Business Interruption Lawsuits Spikes, Insurers Racking Up Early Wins

Countless businesses across the country have been forced to close their doors as COVID-19 continues to spread. As business owners seek to recover losses suffered due to shelter-in-place orders, many business interruption insurance claims are being denied under the assumption that closed businesses have not experienced a “direct physical loss of, or damage to, property.” In turn, business owners are taking insurers to court.

Lemonade, Drones & Cyber Business Interruption

I am sure this headline has you thinking, what do a nice summer drink, a low humming sound and an insurance policy have in common?  Absolutely nothing, but in this article, we’ll see how all three are changing the age-old insurance industry on a daily basis. 

Best Practices for Business Interruptions Related to Hurricanes

As Hurricanes Harvey and Irma have stormed through Texas and the Southeast, the aftermath may have left you still dealing with considerable physical damage to multiple units. Even if your business was spared from significant impact, you may have been affected due to power outages, road closures or mandatory evacuations.

Cyber Business Interruption

While we are most always aware of large cyber attacks and/or data breaches such as the 2013 Target breach or the 2014 Home Depot breach, we often forget that attacks happen on a daily basis; big and small.

Hurricane Season Starts ”“ Are You Prepared?

The 2015 hurricane season has officially started. This season’s first named Subtropical Storm is Ana, recently forming off the coast of Georgia. While she did not become a hurricane, she created strong rip currents and caused coastal flooding. Stay tuned to see how this year’s predictions hold up.

Survey Reveals Top Five Business Concerns for 2015

Allianz, one of the world’s largest financial services firms, recently conducted a survey which found business interruption (BI) and cybercrime to be major concerns for businesses in the near future.

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