401(k) Plan Administrators: Beware of Increasing Identity Fraud
According to Javelin Strategy & Research’s 2020 Identity Fraud Report, digital criminals are targeting the financial services industry and their devastating tactics will negatively impact customers throughout the next 12 months. The study amplifies that…
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Fiduciary Liability Claims and “Silent Cyber” Coverage
A vital concern sweeping businesses across the country is a term called “silent cyber”, or the coverage for cyber devastation under traditional property and casualty insurance policies, in contrast to purpose-built cyber insurance policies. A…
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Do I Need Cyber Liability Insurance?
In today’s digital climate, hackers are around every corner, waiting for the right moment to swipe your most valuable business and personal assets. Without adequate coverage, your financial account details, social security numbers, and other…
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Study: 25% of Small Businesses Don’t Know Where to Start on Cybersecurity
Keeper Security’s 2019 SMB Cyberthreat Study has been released and there’s one particularly alarming statistic: of the small businesses surveyed, 25% have “no idea where to start” when formulating a cyber attack prevention strategy. Preventing…
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Study: Small Businesses Not Taking Cybersecurity Seriously Enough
According to the Keeper Security 2019 SMB Cyberthreat Study, companies with fewer than 500 employees just aren’t taking the cyber attacker threat seriously enough. Over 40% of all cyberattacks target small to medium-sized businesses according…
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StockX Hack Shows Smaller Businesses Are Vulnerable to Cyber Attacks
The hacks and cyber-attacks you hear about usually involve giant companies like Equifax and Sony. But startup and smaller companies can be vulnerable as well, as shown by the StockX hack. StockX is an online…
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Small Businesses Aren’t Sure Who Should Handle Cybersecurity
One of the biggest impediments to implementing proper cybersecurity measures at small businesses is that those small businesses don’t seem to have any idea who should be in charge of cybersecurity. According to Keeper Security’s…
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Even If Your Information Doesn’t Seem Valuable, Cyber Attacks Will Still Steal It
You may think that the information you’re storing for your business or plan isn’t that valuable. You may not be storing things like credit card numbers or payment credentials, but cyber attackers will still attempt…
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Texas Retirement Plan Uses Third Party Experts to Detect Data Breach
The Employees Retirement System of Texas (ERS) recently fell victim to a cyber attack resulting in a data breach and the exposure of 1.25 million retirement plan records. A flaw in its online portal was…
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