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Tag: insurance

Whats ID Theft - Making Sense of Security
ID TheftCreditInsurance

What is Identity Theft?

What is Identity Theft? Identity theft is a serious problem that can have a lasting impact on your finances and credit. It can even prevent you from gaining employment.  Worse, those committing Identity theft can use your identity and accrue a criminal record in your name. And you may not even be aware of it until it’s too late.  More and more people are falling victim to identity theft. Digital access to personal data...

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How cyber insurance can protect you - Making Sense of Security
ID TheftInsuranceProtection

How Cyber Insurance Can Protect You

Importance of cyber insurance As more and more businesses move online, the risk of cyberattacks increases. A cyberattack can result in the loss of sensitive data, downtime, and reputation damage. Cyber insurance can help protect your business from the financial consequences of a cyberattack. Cyber insurance can help cover the cost of investigating and repairing the damage caused by a cyberattack. It can also help cover the cost of any legal action taken against...

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Making Sense of Security - Warning Signs of Identity Theft
PreventionmoneySecurity

Warning Signs of Identity Theft

Warning Signs of Identity Theft Having your private information that can personally identify you stolen and used for scrupulous purposes can be devastating. The crime of identity theft is happening in abundance and will soon happen to each individual on the plant.  Knowing what identity theft is, how it happens, the warning signs and what to do if it happens to you can be more important than one may think.  Unfortunately, some may not...

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Cyber Insurance is might not Cover that $6 Million in Cyber Fraud
CybersecurityKnowledgephishing

Think Your Cyber Insurance is Going to Cover that $6 Million attack in Cyber Fraud? Think Again.

The latest tale of an organization falling victim to a business email compromise cyber attack on their credit card processor highlights how very specific the scenario needs to be to see a payout.  In 2018, RealPage, a Texas-based service provider for property owners and property management companies was the victim of a cyber attack that took the company for $6 million. RealPage processed their credit card transactions through a third-party processor, Stripe. Stripe fell...

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