By Anita Byer, Setnor Byer Insurance & Risk Did you know that the majority of data breaches are driven by credential theft? Hackers are constantly probing the Internet trying to steal login credentials. One uninformed or unsuspecting user or one careless act, and that’s it. Your...
By Anita Byer, Setnor Byer Insurance & Risk October may officially be Cybersecurity Awareness Month, but that doesn’t mean businesses can afford to take the rest of the year off. Gone are the days when cybersecurity was seen as an ancillary function. Today, businesses should be...
By Anita Byer, Setnor Byer Insurance & Risk A Business Owner’s Policy (BOP) is a pre-packaged bundle of insurance coverages that are available to eligible small- and medium-sized businesses. BOPs are designed to provide a number of essential insurance coverages in a convenient and cost-effective manner....
Certificates of Insurance make the business world go round and round. General contractors demand them from subcontractors. Commercial lenders request them from borrowers. Landlords require them from tenants. Virtually every business will request or will be asked to provide a Certificate of Insurance at one...
Cyber criminals routinely incorporate the “crisis-du-jour” into scams to increase their likelihood of success. COVID-19, it seems, is no exception. In a single week, Google saw 18 million coronavirus-related malware and phishing emails…per day! It’s gotten so bad that the Federal Bureau of Investigation, the...
Setnor Byer Insurance & Risk Small businesses spend a lot of time and money to protect their sensitive and confidential information, and rightfully so. Data breaches can lead to crippling, often insurmountable financial and reputational harm. Unfortunately, many businesses overlook the most basic security measures. Cyber...
Setnor Byer Insurance & Risk Did you know that the average ransomware demand in the first quarter of 2020 was $111,605? Ransomware is a type of malware that encrypts critical data so it cannot be accessed without a decryption key. Victims must, you guessed it, pay...
Cybersecurity Awareness Month was launched in 2004 to promote online safety and security. This is particularly important in 2020 because so many things took a back seat when coronavirus disease 2019 arrived. COVID-19 may dominate the headlines, but data security breaches continue to pose a...
Should you be concerned about taxpayer identity theft? Here’s a hint. Tax Identity Theft Awareness Week starts February 3, 2020. As a general rule, anything worthy of having its own dedicated Awareness Week deserves your full attention. Tax-related identity theft occurs when someone uses stolen personal information to file a...
When it comes to data security breaches, things aren’t getting any better. According to Risk Based Security’s 2019 MidYear QuickView Data Breach Report, more than 3,800 data security breaches were reported in the first six months of 2019. More than 4.1 billion records were compromised. When compared to midyear 2018,...