Cyber Liability Insurance by the Numbers Cybersecurity has become increasingly important, especially with many businesses working remotely. A cyber attack can be devastating to a business, incurring monetary and productivity losses. The right insurance coverage can help mitigate those losses and keep your business safe. Learn how a ransomware attack impacted one Aegis client, and how their cyber insurance helped them avoid a disaster. A Ransomware Story In 2019, an Aegis Insurance Markets client was hit with a large Ransomware attack. It ... December 29, 2020By Aegis Insurance Cyber Liability Insurance Cybersecurity, Ransomware 0 Comment Read More »
10 Vital Cybersecurity Tips For Remote Workers Working from home was a dramatic transition for many workers to make. Whether you're counting the days until you can return to the office, or are thoroughly enjoying spending the work day in your jammies, we likely have more remote work ahead of us still. Now that we're all a little more comfortable working from home, it's important to make sure that you don't let any of your company's cybersecurity practices lapse. Opening the wrong ... September 21, 2020By Aegis Insurance Cyber Liability Insurance COVID-19, Cybersecurity, Remote Work 0 Comment Read More »
COVID-19 Ushers in New Cyber Risks for Employers Cyber threats are always present, but the COVID-19 pandemic has ushered in a new era of cybercrime, increasing risks to employers and organizations. Scammers Use COVID-19 as Phishing Bait Phishing scams, using emails to capture personal data or financial information, are nothing new. But COVID-19 has given cybercriminals a shiny new lure to bait unsuspecting victims, by masquerading as: Suppliers of masks, ventilators, and other medical supplies, or in-demand commodities like hand sanitizers. Economic loans/ government ... July 22, 2020By Aegis Insurance Cyber Liability Insurance Cybersecurity, Malware, Phishing Bait 0 Comment Read More »
How is COVID-19 Impacting the Construction Industry? New pandemic protocols, updated contracts, deferred spending to preserve cash...COVID-19 has changed the way many contractors and construction pros are doing business. Here are a few of the ways COVID has impacted the construction industry so far. Construction Considered "Essential" While many State governments ordered many businesses to shut down to slow the spread of COVID, the construction industry managed to elude ordered shutdowns. Infrastructure projects, in particular, are noted for their importance. And health and safety risks ... June 23, 2020By Aegis Insurance Cyber Liability Insurance COVID-19, Cyber Liability, Safety Guidelines 0 Comment Read More »
7 Ways Employers Can Prevent Cyber Risks from a Remote Workforce Remote work was increasingly common before COVID-19, and now more and more companies are offering employees ways to work part-time or full-time at home. Unfortunately, remote work can bring its own unique set of challenges to employers, not the least of which is cybersecurity. Here are seven ways employers can reduce the risks of data breaches and hacks when they have a remote workforce. Avoid Unsecured Networks Free WiFi is available everywhere these days. And your employees ... June 16, 2020By Aegis Insurance Cyber Liability Insurance COVID-19, Cybersecurity, Remote Work 0 Comment Read More »
10 Things Every Small Business Owner Should Know About Cyber Risk We're demystifying the world of cybercrime to help small business owners determine what risks they face and how to protect themselves from hacks, attacks, and malicious cyber activity. Check out these 10 things small business owners need to know about cybercrime. You're Not Too Small to Worry About Cybercrime Many small business owners make this critical mistake... Believing they're just too small to worry about cybercrime. 3 out of 5 firms (61%) reported an attack in the last year, ... January 23, 2020By Aegis Insurance Business Insurance, Cyber Liability Insurance Cybercrime, Formjacking, Ransomware 0 Comment Read More »
These Are The Biggest Cyber Risks for 2020 According to Experts Businesses are increasing their reliance on digital solutions in order to make their businesses more efficient and to gain new insight into consumer habits. But these digital solutions bring an increased risk of digital attacks. What dangers are lurking in cyberspace, threatening your business and profits in the coming year? The Cambridge Centre for Risk Studies (CRS) has gained a worldwide reputation for its innovative research in the analysis, understanding, and management of systemic risk. Each year ... October 25, 2019By Aegis Insurance Business and IT Insurance, Commercial Insurance, Cyber Liability Insurance Cyber Liability, Cyber Risk 0 Comment Read More »
What Is Cyber Liability Insurance And What Does It Cover? Cyber liability insurance is a modern solution to a twenty-first-century problem. Because it’s not enough to cover your financial assets against the potential of physical loss; today’s business owners also have to cover themselves against the potential for lost or stolen data or targeted cyber attacks. And your existing business insurance policies, such as your commercial property and general liability coverage, simply aren’t designed to protect you in the event of a data breach incident. No matter ... April 6, 2017By Aegis Insurance Cyber Liability Insurance Cyber Liability Insurance 0 Comment Read More »
What Small Business Owners Need To Know About Cyber Attacks Cybercrime is on the rise and your small business may be next. Small businesses owners often assume their size protects them from the kinds of headline-making mega-breaches that have hit giant corporations such as Target and Yahoo in recent years. But cyber criminals actually have an easier time going after smaller businesses who often have less resources for cyber security budgets and IT teams. Do you have a plan in place to protect your ... January 31, 2017By Aegis Insurance Cyber Liability Insurance Cyber Attacks 0 Comment Read More »
