Inaction After Cyber Risk Recommendations

What Causes Inaction After Assessment Recommendations? 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. Case in point: It is...

Marsh Study & Key Controls for SMBs

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...

Cyber Risk Assessments Don’t Have to Be Like a Root Canal

Cyber-Risk Assessments Don’t Have to Be Like a Root Canal 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. Unfortunately, many cyber-consulting firms make these...

Proactive Agents Employ Cyber-Risk Assessments to Write More Business

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,...

When does MFA require F2A?

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...

Alabama Data Breach Law

Insurance Agency Regulations: Alabama Dept. Of Insurance Data Security Program Requirements Producers & Licensee Data Security Obligations Alabama Definition of Information Security Program (more…)

Louisiana Data Breach Law

Insurance Agency Regulations: Louisiana Dept. Of Insurance Data Security Program Requirements Producers & Licensee Data Security Obligations (more…)

5 Unpopular Predictions for Cyber Insurers in 2022

Cyber Insurers Should Innovate or Expect a Brutal Year As the crazy rollercoaster ride of 2021's cyber insurance market comes to a close, many diverse end-of-year predictions are being published. TEKRiSQ's data-driven observations from numerous real-world client conversations predict more of the same... and then some. Here they are; SMB...

Law Firms: Serious Breach Targets!

Dean Mechlowitz Co-Founder Be prepared for Social Engineering events, Cyber Crime, Business Interruption, Regulatory compliance issues and more A majority of agencies that deal in Lawyers Professional Liability are aware of the importance of firm management systems that track court filing dates and conflicts of interest, particularly for Litigation firms. While insurance underwriting is...

Tennessee Data Breach Law

When Do You Need to Report a Breach? Any person or company conducting business in Tennessee must follow the state's data breach laws, which require businesses to inform their customers when their data is compromised in a breach. If more than 1,000 Tennessee residents are affected by a breach, businesses...