Understanding "Out-of-Band Verification" Clauses
The landscape of cyber insurance and the terms and conditions offered by providers are shifting. An increasingly common clause raising eyebrows is the "out-of-band verification" requirement. This stipulation, often buried within policy details, can significantly impact your coverage in case of cyberattacks like social engineering and funds transfer fraud.
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Topics:
Breach,
Cyber,
Ransomware,
Hack,
Hacking,
Data,
Insurance,
Spear Phishing
Common Social Engineering Tactics to Watch For
Social engineering refers to a cyberattack method in which a cybercriminal preys on key human behaviors (e.g., trust of authority, fear of conflict and promise of rewards) to obtain unwarranted access to targets’ technology, systems, funds or data. These attacks can be deployed through various tactics, such as digital impersonation, deceitful messages or malicious software (known as malware). Social engineering attacks have become a significant threat to businesses of all sizes and sectors; after all, anyone can be targeted in these incidents—including entry-level workers, managers and CEOs. With this in mind, it’s crucial for businesses to be aware of frequently utilized social engineering methods and adopt effective cybersecurity measures to help mitigate these incidents. This article outlines common social engineering tactics to watch for and offers associated prevention and response tips.
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Topics:
Cyber,
Ransomware,
Hack,
Hacking,
Spear Phishing
A growing number of businesses, organization and individuals are falling victim to internet fraud where they are tricked into directing payments to a cyber-criminal. What can you do to protect your business?
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Topics:
Breach,
Cyber,
Ransomware,
Hacking,
Spear Phishing
If it seems like every couple of weeks there’s a cyber-incident dominating the evening news; it’s because there truly is. Cyber-Attacks, especially those involving Ransomware, have taken center stage in news coverage since the start of the Covid-19 pandemic. And now, with the situation in Ukraine, the Cyberthreat is even greater.
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Topics:
Cyber,
Ransomware,
Hacking,
Risk Management
How do you protect your business from the m
assive increases in cyber attacks? These attacks present themselves in various forms.
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Topics:
Breach,
Cyber,
Ransomware,
Hack,
Hacking,
Data,
Risk Management
It seems that Cyber-Attacks and Ransomware incidents are in the news every day. Some experts are saying that it is not if, but rather when you are hacked. Having strong Data Security practices within your organization is the best way to prevent a breach. A comprehensive Cyber Insurance policy tailored to fit your needs is the best way to recover from a breach.
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Topics:
Breach,
Cyber,
Ransomware,
Hacking,
Insurance,
Risk Management,
Claims
New York Has Legalized Marijuana. ... The law allows New Yorkers over the age of 21 to possess up to 3 ounces of cannabis for recreational use. People with certain marijuana-related convictions will have their records expunged immediately.
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Topics:
Cyber,
Ransomware,
Hacking,
Risk Management,
Cities, Towns, Village
The stakes are higher than ever for cyber incidents and ransomware attacks.
The pandemic has increased the fear and uncertainty, and led to behavioral changes for students, staff, and even parents.
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Topics:
Cyber,
Ransomware,
Hacking,
Insurance,
School,
school budget
As cyber-attacks continue to escalate in frequency and severity, you can’t afford NOT to protect your business from data breach. Criminals are constantly working on new ways to hack into your computer systems, steal data and create chaos.
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Topics:
Breach,
Cyber,
Ransomware,
Hack,
Hacking,
Data