Cyber Insurance Blog

According to a recent report by Deloitte, local governments have become primary targets for ransomware attacks in recent years. Cyber attacks on municipalities were rising at an alarming rate even before the pandemic. KnowB4, a security awareness training company, reports that known attacks on local governments rose by 58.5% from 2018 to 2019. Malicious activity skyrocketed from there in 2020…

While every business or organization should strive to reduce their risk, we live in a world where it’s impossible to eliminate risk entirely. For example, cyber attacks have become an enormous threat, yet a modern-day business will not survive without joining the digital world in some capacity. Your clients need to be ready to proactively review their risk appetite and…

While your clients may think they’re covered, many business owners aren’t aware of the wide range of liability claims and lawsuits that can be pursued against them. In our highly litigious society, uninsured lawsuits can pose a serious financial risk. The Americans with Disabilities Act (also known as the ADA) prohibits businesses and organizations from discriminating “against individuals with disabilities…

Passed in June 2018, the California Consumer Privacy Act (CCPA) held businesses to a new standard when handling consumers’ data and information. On November 2, 2020, Proposition 24 was passed and changed the CCPA in several ways. Businesses and consumers need to know how this act, now called the California Privacy Rights Act of 2020 (CPRA), affects them. Many business…

Title III of the Americans with Disabilities Act mandates that organizations make their physical and digital spaces more accessible to customers with disabilities. This includes making web content and technology user-friendly according to the Web Content Accessibility Guidelines (WCAG). Shockingly, nearly 98% of US websites fail to meet these standards. Moreover, the 2023 Year End Report by UseableNet revealed a…

Here are two questions every insurance agent should discuss with their business clients: “What is Cyber Insurance, and why do you need it?” Unfortunately, odds are your clients—especially small-business owners—may not be able to answer those questions. Although ransomware, cyber crime, stolen credentials, and phishing emails pose major threats to even the smallest enterprises, relatively few small businesses carry Cyber…