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What is RMM? Cybersecurity Best Practices
October 22, 2024
In 2024, the word cybersecurity often leaves many of us feeling lost and afraid. Why? Because of the ever-growing reliance on tech in our personal and professional lives. For small to medium-sized businesses, this is an increasingly challenging area, as it feels like a massive expense for something you don’t...
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...
December 30, 2021
Insurance Agency Regulations: Alabama Dept. Of Insurance Data Security Program Requirements Producers & Licensee Data Security Obligations Alabama Definition of Information Security Program (more…)
December 30, 2021
Insurance Agency Regulations: Louisiana Dept. Of Insurance Data Security Program Requirements Producers & Licensee Data Security Obligations (more…)
Business Owners Remain Overconfident About Cyber Threats
October 22, 2021
There is an issue we have seen time and time again - business owners do not understand or appreciate their cyber risk and they remain overconfident about their ransomware risks. According to a recent article citing an Embroker report published in Carrier Management, business owners remain” vastly overconfident about both...
Property Casualty 360: TEKRiSQ’s 5 Myths About Insuring Cyber Risks
October 8, 2021
Do you know these five myths about insuring cyber risks? By Dean Mechlowitz | October 07, 2021 at 12:00 AM Independent agents and brokers serving small and medium-sized businesses (SMBs) must keep up with twists and turns in cyber risk and cyber insurance. If they don’t, their clients and prospects can turn to “do it yourself”...
August 17, 2021
AI v IA: Serving Today's Cyber Insurance Needs Artificial Intelligence (AI) has the potential to impact every industry, and numerous InsurTech startups intend to solve industry problems with it. These are ambitious goals that can be very effective with mature volumes of industry data. But how does AI serve today's...