Breaking news: The sun rises in the East, and “p@ssword” isn’t a very good password.
Plus, with everyone wearing a mask, hackers seem to fit in better. (side note: with a mask, you can stick your tongue out at people and they’ll never know)
Stay vigilant: between Covid restrictions and everything moving online, scams have become more subtle and harder to catch. Here are some new things to watch out for, but most importantly, use common sense. Don’t give personal information without a legitimate reason, and avoid suspicious links. If you’re being pressured, that’s not a good sign!
But what about insurance???
All it takes is one targeted attack, or just an accidental click by you or a member of your team, to bring a nightmare of problems! Did you know that a Cyber Protection endorsement can cover you in these scenarios?
(Note that all of these coverages tend to vary between companies)
On your homeowners policy: A Cyber Protection Endorsement can protect you if someone extorted your personal information, wrongfully uses your bank account or credit card, and in some cases even if someone steals your identity. This protection includes costs such as an investigation to discover how the thieves stole the information and why you were targeted. Additionally, this coverage generally covers the costs of restoring information or systems in a malware attack.
On your commercial policy: A commercial Cyber Protection Endorsement does much of the same things a personal endorsement would, like recovering and investigating a loss, but the biggest concern on a commercial policy is the information of your clients. After a cyber attack, there are many federal requirements you would have to follow for both restoration and notification procedures. Following these requirements will bring a lot of additional costs, like notifying clients by mail, restoration and monitoring for customers’ credit and identities, restoration for your computer systems, and even potential litigation against your company that you have to defend against. Having coverage for these worst case scenarios will help get you back on your feet if you do face a cyber attack!
Find more information
here
.
Don’t open any emails from Hormel, it might be SPAM!
