Notes From 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...
Cyber Risk Assessments Don’t Have to Be Like a Root Canal
October 18, 2022
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
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...
808 Podcast Hosts TEKRiSQ’s Bill Haber
May 12, 2022
808 Podcast: Bill Haber of TEKRiSQ spells out cyber risk in 8 minutes, 8 seconds https://808podcast.com/808-podcasts/310-bill-haber-tekrisq-2/
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…)
5 Unpopular Predictions for Cyber Insurers in 2022
December 15, 2021
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...
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”...
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