Companies, especially insurance agencies that take the time to be proactive are more likely to persist, despite a disaster. It requires a higher level of preparation than many businesses currently have. There are too many depending on a simple cloud backup service to save the day, but is that enough? All SaaS (Applied Epic, AMS, Hawksoft)…
The legislative Interim Finance Committee was told Wednesday that the increasing number of ransomware attacks in the country have caused a major increase in the cost of cyber-security insurance. Director of Administration Laura Freed said insurance against such attacks is up more than 500 percent from $70,000 to $481,000 this year. Even the government has…
As more and more companies experience crippling security breaches, the wave of compromised data is on the rise. Data breach statistics show that hackers are highly motivated by money to acquire data, and that personal information is a highly valued type of data to compromise. It’s also apparent that companies are still not prepared…
Every Insurance Broker I speak with typically has the same story: “we are on the cloud “, “I think we are good” or the famous “don’t they take care of security on the cloud” Chances are they didn’t read the fine print on the lengthy software service agreement, especially the part on how they’re not…
