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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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What is Multi-Factor Authentication and Why Do I Need It?
April 15, 2021
What is Multi-Factor Authentication (MFA)? Multi-factor Authentication (MFA) is an authentication method that requires the user to provide two or more verification factors to log in to an account. These factors could be a password, login code received via SMS text message or email and an authentication app on your phone. MFA is used to…
Read MoreHow to Prevent a Malware Attack
February 25, 2021
Malware is a form of malicious software that cybercriminals deploy via unsafe links, downloaded attachments or other virus-ridden programs with the intention of disrupting normal computing operations, collecting sensitive information and controlling your organization’s technology system resources. Malware programs are being produced at an alarming rate and are consistently changing in form and purpose, making…
Read MoreThe Importance of Promoting Strong Passwords
February 9, 2021
Cyberattack methods continue to grow and evolve over time. One specific tactic that cybercriminals frequently utilize is hacking victims’ accounts or devices by cracking their passwords. This tactic is often all too easy for cybercriminals when their targets fail to create strong enough passwords to ward off password-cracking technology or—in some cases—simple guesses. Nevertheless, cybersecurity…
Read MoreTop Cybersecurity Takeaways From 2020
February 2, 2021
According to a recent report from the Information Systems Audit and Control Association (ISACA), cyberattacks currently reign as the fastest growing form of crime. In addition to security and reputational repercussions, these attacks can often cause significant financial disruption—with global cybercrime costs estimated to reach a startling $6 trillion during 2021. No organizations are immune…
Read MoreCyber Liability Trends for 2021
December 3, 2020
In 2020, the COVID-19 pandemic forced many businesses to send employees home to perform their jobs. Cybercriminals have found this new remote workforce a tempting target, unleashing phishing, malware and ransomware attacks. These threats exploit the weaknesses of many businesses’ cybersecurity systems. In 2021, businesses will see a continuation of these attacks and new, emerging…
Read MoreCybersecurity Tips for Online Shopping During the Holidays – Infographic
November 19, 2020
[Click image below for downloadable PDF version]
Read MoreStaff, Client Education Key to Success
October 25, 2020
“Frankly, I think education is the biggest thing we do,” says Jeff Eiserman, Certified Insurance Counselor working in Property and Casualty with Ollis/Akers/Arney Insurance and Business Advisors. “People come to us because insurance is really complicated, and they need good expert advice.” One of the biggest costs for some employers is workers’ compensation. “On an…
Read MoreCybersecurity Best Practices
October 8, 2020
As workplace technology continues to evolve and telecommuting becomes a common practice, it’s crucial for employees like you to play your part in keeping our organization cyber-secure. After all, a cyber incident could lead to serious ramifications for our business—allowing hackers or cybercriminals to access employees’ personal information and other classified company data By prioritizing…
Read MoreWhat Does Cyber Insurance Cover?
October 1, 2020
Across industry lines, organizations have become increasingly reliant on workplace technology to conduct key business operations. Whether it be for communication purposes, e-commerce, or data collection and storage, continued technological advancements have helped streamline a variety of organizational processes. Nevertheless, utilizing such technology and digital practices within your workplace carries additional cyber exposures and liabilities.…
Read MoreTop Reasons to Secure Cyber Insurance
August 7, 2020
Many organizations incorrectly label cyber insurance as a luxury purchase rather than a necessity. In fact, a recent survey conducted by insurance experts found that nearly 60% of small and midsized companies don’t have any type of cyber insurance. What’s worse, less than 30% of those companies feel inclined to purchase a such a policy…
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