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Inaction After Cyber Risk Recommendations
May 15, 2023
What's the Cause? One of the great ironies of human behavior is this: When a problem confronts us, we take the time and money to get outside expertise for guidance ― and then, with report in hand, we fail to implement it. This is more common than many realize. Executive...
Marsh Study & Cyber Risk Prediction for SMBs
April 7, 2023
Marsh McLennan, together with Guy Carpenter and the cooperation of numerous cybersecurity solution firms, has recently published a fascinating study Using Data to Prioritize Cybersecurity Investments. This is a very useful study to help identify the specific solutions most useful to protect an organization, as well as to model cyber...
March 20, 2023
Remember those brothers we read about as kids back in the day? Well, they're all grown up now, and leading their own companies. However, they still have their differences, especially when it comes to cyber wellness, and developing a corporate culture friendly towards good cybersecurity practices. One of these companies...
Notes: PLUS Cyber Symposium 2023
February 16, 2023
After recently joining the Professional Liability Underwriting Society (PLUS), TEKRiSQ attended our first PLUS Cyber Symposium this week in New York City. We found it to be an excellent event, filled with valuable insight covering the year behind us, the present trends and market changes, the expectations for the future...
Protect Your Business Against Credential Stuffing Schemes
January 30, 2023
Employees of small and medium-sized businesses that lack a strong cyber risk posture are often careless with their login credentials, passwords, etc. This can be an enormous problem. If these credentials are exposed and shared in the public domain (dark web or elsewhere) you can easily fall victim to credential...
Rackspace Ransomware Ruining Holiday Cheer
December 20, 2022
Corporate Complacency: Hosted Clients Homeless for Holidays Today as we rush to remember our friends family and colleagues with cards, gifts or a simple phone call, some Rackspace customers are being forced to deal with ransomware chaos. A gap in cyber resilience means victims and their vendors are having to...
Cyber Risk Assessments Don’t Have to Be Like a Root Canal
October 18, 2022
Cyber Risk Assessment can be fast, easy and painless If you’re like most business owners, a cyber risk assessment isn’t at the top of your to-do list. In fact, you may think it’s like a root canal — a painful process you’d rather avoid.But cyber risk assessments are not necessarily...
Proactive Agents Employ Cyber-Risk Assessments to Write More Business
July 29, 2022
Proactive Agents Employ Cyber-Risk Assessments to Write More Business A recent survey found that 82% of global insurers expect rises in cyber premiums to continue for 2 years, due to their inability to accurately understand a customer’s security posture. 87% of insurers "want a consistent approach to analyzing cyber risk,...
July 11, 2022
A Lesson from Ben Franklin on Cyber-Protection Ben Franklin is famous for pithy wisdom, and one of his most famous sayings is: “An ounce of prevention is worth a pound of cure.” In colonial America, the biggest threat to life and property, aside from disease, was the risk of fire,...
May 26, 2022
When does MFA require F2A? It's tough to find a cyber insurer today who does not require their insureds to deploy multi-factor authentication (aka MFA) across their organization. It’s a fairly well-understood concept to most agents that it's now a “No-MFA, No Play” game, and the absence of a positive...