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 25, 2017 No Comments

Securing Your Computer

securing your computerOne of the ways to keep your data breach insurance costs down is by securing your computer to avoid claims. You may ask how this is done and the answer is really quite easy. The top proven technique to block hackers from attacking is to make better passwords.

Your password is the doorway to your computer and your valuables inside. Doors can be cheap and weak or extremely strong. It’s all up to you to make it the way you want it. 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 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

MrInsurability April 26, 2017 No Comments

Different Ransomware Types

Different Ransomware TypesToday let’s look some different ransomware types. Currently there seem to be 3 main ransomware programs that are very successful.

They are CryptoLocker, Samas and CryptorBit. These 3 became quite famous starting in 2013 and continue to be extremely successful at encrypting a computer’s files. Read more

MrInsurability April 20, 2017 No Comments

Ransomware – It’s Everyone’s Problem Now

ransomwareA new and devastating virus is affecting computer owners and users of all sizes, shapes and descriptions. It is called Ransomware.

This is a type of malware that infects computer systems, restricting the users’ access to the infected systems. It typically attempts to extort money it’s from victims by displaying an on-screen alert.

This alert will usually say that the user’s system has been locked or that the user’s files have been encrypted. Users are told that unless a ransom (fee) is paid, access will not be restored. Read more

MrInsurability April 13, 2017 No Comments

Assessing Your Company’s Security Needs

Assessing Your Company's Security NeedsToday let’s start by looking at how you go about assessing your company’s security needs.

In deciding where to begin, first ask whose information do you store or have stored?

The answer will most likely be one or more of the following:

  • Customers
  • Employees
  • Other businesses
  • Other individuals

Read more