L Squared Insurance Agency Blog: cyber
View the latest blog posts from L Squared Insurance Agency.
Tuesday, February 14, 2017According to a report by Quartz Media, Ransomware attack frequency steadily increased in 2016 to almost 300 million attacks in the 4th quarter of 2016. In total the number of Ransomware attacks went from 3.8 million in 2015 to 638.2 million in 2016. Here are some of the reported recent victims: READ MORE >>
Tuesday, February 7, 2017Human Resource and payroll departments should be aware of an IRS alert that was released on January 25, 2017 providing information about an email phishing scam making its way across the country. The scam originated last year, and the goal of the scam is to gain access to personal information contained on employee W-2 forms. READ MORE >>
Thursday, February 2, 2017Cyber Liability—The Friday Afternoon Fraud According to a report out of the UK from the Solicitors Regulation Authority, over 75% of the Cybercrimes reported were from the “The Friday Afternoon Fraud”. This involves criminals modifying emails directly, usually by hacking into the email system of an individual. READ MORE >>
Friday, January 6, 2017According the BBC report CFC Cyber Insurance Claims have increased 78% for data breach/cyber-attacks. The claims came in at a rate of more than 1 a day in 2016 for this insurer. They have seen large amounts of login details stolen and shared more frequently. READ MORE >>
Tuesday, January 3, 2017To start the year on a positive note, the Website NoMoreRansom.org is a project that is just starting up that has tools that may or may not help if your hit with Ransomware. This is a good website address to keep around just in case. READ MORE >>
Wednesday, December 28, 2016Many recent examples point out that law firms are not immune to Cyber Crimes. An ABA article asks whether your firm has Cyber Insurance. It gives as an example a 2015 incident where a four-attorney California Law Firm had a cyber attack experiencing the “Cryptolocker Ransomware ”. READ MORE >>
Thursday, December 15, 2016According to one ABA report 23% of law firms didn’t know if they had a data breach. This is a troubling statistic in that another ABA report stated that around 15% of all law firms have had a data breach. Today it is not so much “if” your law firm will have a data breach, but “when. READ MORE >>
Tuesday, December 13, 2016While the highly published hacks on the DNC (Democratic National Committee) and more recently coming to light of the hacks of the RNC (Republication National Committee) by the Russians. It appears that the Chinese have also been busy with gathering information on commerce. READ MORE >>
Monday, November 28, 2016Hackers are holding San Francisco’s light-rail system for ransom. For more details on what took place click on Cyber Attack San Francisco. READ MORE >>
Tuesday, November 15, 2016In a ransomware attack close to home, the Lansing Board of Water & Light (LBPL), a Michigan municipal utility, in May paid a $25,000 ransom to unlock its internal communications systems after they were disabled by a cyberattack. General Manager Dick Peffley told the Lansing State Journal it cost about $2. READ MORE >>
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