Can Your Business Sustain a Cyber Attack?

5 WAYS TO BE CYBER SECURE AT WORK Your cyber security is only as strong as the weakest link in your organization. Cybercrime is a fulltime – and very lucrative – job for hackers who thrive on exploiting gaps in your security and gaps in the knowledge and judgement of your employees. One inadvertent link click can cost tens of thousands of dollars and take down your company for days. This is why the U.S. Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency has launched a campaign called “Do Your Part – #BeCyberSmart.” October is National Cybersecurity Awareness Month, […]

While cyberattacks caused by sophisticated cybercriminals and the advent of artificial intelligence (AI) make headline news, human error continues to drive most cyber events. According to Harvard Business Review (HBR), more than 80% of cyber incidents are attributed to end-user error. The worldwide cost of cybercrime was estimated at $10 trillion in 2023 and is expected to more than double in the next four years. In addition, in a 2022 study by Stanford University, 90% of ransomware attacks originated through phishing emails to employees, according to an article by Maria Long, Vice President, Cyber Underwriter & Risk Management Portfolio Leader […]

As featured in Forward Magazine At the AirCargo 2022 conference, a question was posed to the audience: Who has cyber insurance? Only 20% of the audience raised their hands! This is concerning because cyber-related crime is at an all-time high and still growing fast. The current data around cybercrime is alarming. By April of 2021, cyberattacks against the supply chain had risen an estimated 42% in the U.S. according to research by the Identity Theft Resource Center (ITRC). If you’re in the logistics industry, you’ll want to read this article, featured recently in Forward Magazine: “How Vulnerable is Your Company […]