Risk Management Q&A Panel: NCBFAA Annual Conference 2022

Recently Roanoke’s VP of Client Development, Richard Bridges, published a compelling article tackling cyber-attacks in CNS Air Cargo Focus. Deeply involved in international trade and insurance for more than 18 years, Rick is no stranger to issues of cybersecurity.   Every company, industry, and institution is vulnerable to cyber-attacks. Ransomware has exploded and hackers are exploiting the plethora of options they now have to access your company’s sensitive and confidential information. From healthcare institutions to your transportation and logistics providers, everyone is at risk of a data breach. The article highlights some valuable defense mechanisms companies can use to fight […]

When ransomware strikes, business stops. You may be in the middle of writing an email or arranging a shipment or paying a bill when your familiar screen disappears and is replaced by an ultimatum: pay up or lose your data forever. A typical ransomware screen might inform you that your system’s data has been encrypted and to get the key to unlock it, you need to pay a ransom – usually in the form of bitcoin. Ransomware notices will also include a timeframe to pay, maybe in the form of a clock counting down to the second that your payment […]

Arguably no phrase has dominated the tech world the last 24 months more than the term “data breach.” From breaches that have impacted critical infrastructure like the Colonial Pipeline to ransomware attacks on CMA and CGM, the last two years have been saturated by headlines of cybersecurity mishaps. Yet, despite the prevalence of the breach-centric news cycle, many people may not know what exactly data breaches are, how they typically start, and why they occur. According to IBM, the average time it takes to identify that a breach has occurred is 287 days, with the average time to contain a […]