MrInsurability June 20, 2017 No Comments

Protect Your Business from an Attack

Protect Your Business from an AttackToday I’d like to look at a few ways that you can protect your business from an attack. Typically you hear about strong passwords, locking your computer, cell phone, etc. Those have been covered by everyone.

We’re going to look at it from a different approach.

We’re all so caught up in technology, we’ve forgotten there are pros out there still using “old fashion methods”. Read more

MrInsurability June 17, 2017 No Comments

Cyber Attacks

cyber attacksThis is a last minute post I felt necessary, due to the seriousness of its contents. As you know if you read this blog, we have a lot about cyber attacks and the like. That’s why I wanted to make an effort to let all readers, personal and business, to know the latest update.

On Wednesday the government issued it’s most direct and detailed advisory about North Korea’s hacking activity. They warned that the country of North Korea continues to target U.S. media, aerospace, financial and critical infrastructure sectors. Read more

MrInsurability May 17, 2017 No Comments

10 Considerations When Buying Data Breach Insurance

10 Considerations When Buying Data Breach InsuranceWe have been talking quite a lot lately about data breach insurance. Since there is more than one type of computer attack, we can also use the term cyber insurance. It’s obvious that every business needs this coverage, but like any purchase, there are questions and concerns. So, let’s look at the 10 Considerations When Buying Data Breach Insurance.

As one might expect, interest in this coverage increases with every report of a major computer breach.

Aside from the increasing number of reported breaches, regulatory pressures from the government are driving the need for coverage. In the USA, the Securities and Exchange Commission requires publicly traded companies to disclose their cyber risks. They must also provide proof of any insurance coverage they have. Read more

MrInsurability May 15, 2017 No Comments

The Need for Data Breach Insurance

The Need for Data Breach InsuranceToday I’d like to look at one example of the need for data breach insurance. Although this event took place outside the USA, it shows what can happen when insurance coverage is not available.

Yapizon, a South Korean bitcoin exchange firm, was hacked and the result was a $5 million loss to its users. That amount added up to about 37% of the bitcoin exchange’s total user funds, according to Yapizon’s legal team.

Can you guess how the company decided to handle this disaster? Read more

MrInsurability May 11, 2017 No Comments

Loss of Attraction and Active Shooter Insurance

Loss of Attraction and Active Shooter InsuranceToday is the second part of our last post. This part we’ll call Loss of Attraction and Active Shooter Insurance coverage.

As we saw last time a business has some recourse if their insurance includes terrorism coverage. The problem is that most don’t. Now, we can add to that another event that has become too frequent in the U.S., an active shooting. This too has created the need for a new kind of business coverage, active shooter insurance.

We have discussed this on a few posts in the past, but today we’ll take a different approach to it. That approach is that an active shooting can also be a terrorist attack! Read more

MrInsurability May 2, 2017 No Comments

Ransomware a for Hire Business

ransomware a for hire businessRansomware a for Hire Business is not a typical post about insurance itself. It is however an urgent reason to get insurance. Read on and you’ll see why!

Just when you thought things couldn’t get much worse, we see this: “ransomware a for hire business”. Yes, the dark web now has cyber-criminals offering their services hacking a company’s systems, just to install ransomware.

Karmen is the name of the latest ransomware being offered by a Russian hacker. For a fee, this cyber-criminal will hack a company and install Karmen ransomware. Read more

MrInsurability April 30, 2017 No Comments

Ransomware Attacking Businesses

Ransomware Attacking BusinessesUp until now our discussion has been about ransomware on home computers. Today I’d like to look at ransomware attacking businesses as well.

As mentioned in a previous post, systems infected with ransomware are also often infected with other malware. You may remember the ransomware CryptoLocker.

CryptoLocker also comes with Upatre, a downloader, which infects the user with GameOver Zeus. GameOver Zeus is a variation of the Zeus Trojan, which steals banking information, along with other types of data. Read more

MrInsurability April 28, 2017 No Comments

Removing Malware

removing malwareToday let’s look a little bit more at removing malware in general. This might include ransomware, viruses, pop-ups, etc. Once a computer gets infected, removing any of these things can be difficult to do.

Before beginning, please remember, we do insurance, not computer repair. We are also not endorsing any company or service. This is just some free, though not professional, help for those in need.

There are a few basic things that can be done when removing malware. These methods will most often fix the problem. Although, there will be times when more advanced methods will be needed. Read more

MrInsurability April 27, 2017 No Comments

Protect Yourself from Ransomware

Protect Yourself from RansomwareIn case you missed the last one or two posts, we are talking about ransomware. Ransomware is malware that locks up your computer, so you can’t use it. Today we’re going to see how you can protect yourself from ransomware.

Ransomware relies on scare tactics to trick users into thinking they have done something wrong. Do you remember that you can get infected by ransomware simply by visiting an infected website or opening your email? You didn’t have to do anything wrong to get infected.

If you’re a big corporation with an IT dept. you’ll probably be able to deal with an attack. If you’re a person with a home computer, who gets attacked, knowing what to do isn’t so easy. You probably don’t want to have to pay for cyber insurance along with all your other bills.

So, the next question is how can you protect yourself from ransomware? Read more