Wednesday, May 3, 2023 Forty-three percent of cybersecurity data breaches involve small businesses. The idea that only large companies are at risk of cyberattacks has been popular in the past, but only because they are most often reported on in the news. READ MORE >>
Wednesday, April 5, 2023 Data breaches are becoming increasingly costly for companies. In fact, the average total cost of a data breach grew from $3.86 million in 2020 to $4.24 million this year. The increase in expenses coincides with a significant upswing in ransomware attacks—today’s average weekly ransomware activity is 10. READ MORE >>
Monday, February 27, 2023 The following email was sent to our payroll department purportedly from a current employee: I WANT TO AMEND MY PAYROLL INFORMATION From: Employee Name oshjhlkjjh5@gmail.com To: Payroll Hello good day, I have recently had problem with my current bank, can you update my payroll direct deposit information ? READ MORE >>
Wednesday, February 22, 2023 1. “Cyber is already covered by other lines of insurance…” Cyber cover in traditional lines of insurance often falls very short of the cover found in a standalone cyber policy. While there maybe elements of cyber cover existing within traditional insurance policies, it tends to be only partial cover at best. READ MORE >>
Tuesday, February 21, 2023 Cyber Insurance has become a necessity in the modern business landscape as cyber crime continues to increase in number and sophistication. The average cost of a data breach in the United States currently amounts to $9.44 million. According to industry data, the global cost of cyber crime is expected to rise by $23. READ MORE >>
Tuesday, February 7, 2023 Law firms safeguard their clients from legal peril. But they themselves face enormous cyber risks. According to the 2021 ABA survey one in four law firms have been breached at some point. The amount of data and money with which legal practices deal make them irresistible targets for threat actors. READ MORE >>
Tuesday, January 24, 2023 When cyber-attacks hit big businesses, expensive problems can result, but the company may be able to absorb the costs. Small firms are in uncharted territory after a cyber-attack. On average, a cyber-attack can cost them anywhere from $120,000 to $1.24 million. READ MORE >>
Tuesday, January 17, 2023 Cyber in 2023 What cyber risks will define the new year? You don’t need a crystal ball to know some threats, including ransomware attacks, will grow in frequency and severity; or that new digital dangers will emerge, especially in the currently chaotic social media and cryptocurrency scenes. READ MORE >>
Wednesday, December 14, 2022 Cyber and Security Coverage for Law Firms Computers, networks and electronic data are essential to how lawyers do business. Reliance on digital tools brings serious cyber risks, like hacking and data breaches. Lawyers are particularly enticing targets for cyber thieves because they maintain READ MORE >>
Tuesday, October 11, 2022 Best Cyber Attack Advice for Clients View “The Legal Perspective,” a webinar by ProWriters President Brian Thorton and Jennifer Coughlin of Mullen Coughlin about legal considerations when a cyber attack happens. READ MORE >>
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