Cyber Source

National Cyber Security Awareness Month: Week 2

Week 2: October 9-13 Theme: Cybersecurity in the Workplace is Everyone’s Business Creating a culture of cybersecurity is critical for all organizations-  large and small businesses, schools, nonprofits, and government agencies – and must be a shared responsibility among all employees.  One of the most alarming statistics in Cyber insurance is that 80% of all events are caused by...

Read More

National Cyber Security Awareness Month: Week 1

Cyber Security Awareness Month:  Week 1 is Simple Steps to Online Safety- What Can You Do? Per the DHS, all members of the public can take some simple actions to protect themselves online and to recover in the event a cyber incident occurs.  In Week 1 will address the top consumer cybersecurity concerns, provide simple steps to protect against these concerns, and help the public understand what...

Read More

Cyber Insurance Evolution

Contingent BI Coverage and more… 2017 is a fascinating year so far for Cyber Insurance. As fast as new carrier programs enter the Cyber marketplace, Cyber exposures evolve putting them behind the curve. Cyber Liability exposures manifest themselves in new ways every day, and as America’s Cyber Insurance Experts, US Pro is at the forefront of its evolution. Today we want to bring you...

Read More

Cyber Extortion vs. Cyber Crime

What’s the Difference Cyber Extortion and Cyber Crime (what many call social engineering). These were two of the fastest growing threats to commercial entities, nonprofits and municipalities in 2016 and are expected to surge in 2017. Cyber Insurance programs respond differently to these types of events, and the language in the policies for this coverage is very different from carrier to...

Read More

The First and the Worst

Cyber Liability – What You Must Know “Understanding the First and the Worst”   The First Cyber Liability Insurance is the first insurance that any business should buy. It is the only insurance that is more likely than not to pay for an event that is otherwise unrecoverable without insurance. ​Consider any commercial business and its insurance portfolio. The actual...

Read More

Evil Ransomware is Lurking!

Trick or Treat? Ransomware, a term which combines the words “ransom” and “software”, is a computer virus which prevents users from accessing their networks or computer systems until a ransom is paid. This kind of attack effectively relies on human error, and the network extortionists “trick” users into activating this malicious software. Ransomware attacks, and others like it, have...

Read More