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Category: Cyber Risk
The latest insurance articles, insight, and news from Ollis/Akers/Arney Insurance & Business Advisors.
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Infostealer Malware and the Risk of Credential Theft
June 14, 2026
When a cyberattack makes headlines, it is usually because of ransomware, a large data breach or a fraudulent wire transfer. What is less visible is often what made the attack possible in the first place: A stolen password. Infostealer malware is designed specifically to collect login credentials and other sensitive data from infected devices and…
Read MoreIdentifying and Responding to Phishing Scams
May 31, 2026
Phishing is a type of cyberattack that utilizes deceptive electronic communications to manipulate recipients into sharing sensitive information, clicking on malicious links or opening harmful attachments. While emails are the most common delivery method of phishing scams, cybercriminals may also use text messages, social media interactions, fake or misleading websites, or even phone calls. Employees…
Read MoreHow Agentic AI Is Changing the Cyberthreat Landscape
May 16, 2026
Artificial intelligence (AI) is undergoing a fundamental shift. Systems that once served as assistive tools — such as predictive models and generative AI — are now evolving into agentic systems capable of planning and executing complex, multistep tasks with minimal human input. As AI systems' ability to plan and execute tasks autonomously accelerates, so too…
Read More6 Tips for HR Teams to Avoid AI Scams
April 18, 2026
Artificial intelligence (AI) is transforming how organizations recruit, communicate and operate. Unfortunately, the same tools that are streamlining HR workflows are also fueling a new wave of sophisticated scams. From deepfakes of CEO voices to fake job applicants submitting AI-generated resumes, threat actors are exploiting AI to create more believable, personalized and scalable attacks. For…
Read MoreTips for Drafting a Policy for AI in the Workplace
April 11, 2026
Artificial intelligence (AI) has fundamentally altered how many employees perform their jobs, resulting in greater efficiency and increased productivity. Employers are seeking the use of AI to make their companies more productive and profitable. While AI can be an extremely valuable tool in the workplace, its improper use may lead to costly mistakes and lawsuits…
Read MoreImproving the Effectiveness of Cybersecurity Training
March 27, 2026
Workforce cybersecurity training is a critical part of a company’s security risk management program. Cybercriminals don’t just target systems, devices and networks; they frequently target employees, who may use weak or reused passwords, fall for phishing scams, or click on dangerous links or attachments. In fact, 68% of cyber breaches involve a nonmalicious human element,…
Read MoreClickFix Cyberattacks Explained
March 14, 2026
Social engineering remains a leading cybercrime tactic, and ClickFix cyberattacks—also known as ClearFake attacks—are among its more deceptive forms. These incidents use fraudulent error messages or verification prompts to trick users into manually executing malicious commands, often allowing them to bypass traditional security controls. As ClickFix attacks grow in frequency and sophistication, businesses must understand…
Read MoreGetting Employee Buy-inon AI
December 7, 2025
Employers of all sizes and across industries are increasingly realizing operational benefits, including improved productivity, greater accuracy and smoother workflows, when employees are effectively trained to use artificial intelligence (AI) tools. Yet, organizations often face a common barrier: getting employees to buy into adopting and utilizing these tools. Without genuine buy-in from employees, investments in…
Read MoreCyber Update – U.S. Average Breach Cost Hits Record High of $10.22 Million
August 16, 2025
The average cost of a data breach in the U.S. soared to an all-time high of $10.22 million, even as the global average cost dropped 9% to $4.44 million, according to IBM’s Cost of a Data Breach Report 2025. The firm attributed the 9% rise in U.S. breach costs to regulatory fines and “higher detection…
Read MoreArtificial Intelligence and the IncreasingThreat of Phishing to Businesses
July 5, 2025
Phishing attacks, in which cybercriminals manipulate users into disclosing sensitive information or installing malware through fraudulent communications, have been a persistent cybersecurity threat, often resulting in significant financial and reputational damage. Recently, cybercriminals have begun leveraging artificial intelligence (AI) to power these attacks, making them more convincing and difficult to detect. As this evolving risk…
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