L Squared Insurance Agency Blog: cyber
View the latest blog posts from L Squared Insurance Agency.
Wednesday, April 1, 2020Law firms tend to ignore the cyber threats until it is too late. Many are not carrying any cyber insurance unless a client requires it. Without carrying the proper insurance coverage actions or lack thereof to a data breach may cause more problems in the future. READ MORE >>
Thursday, December 12, 2019What’s happening New strains of malware called "Trickbot", often a precursor to ransomware, have been recently released and are targeting businesses across the globe. Coalition has been handling an increased number of these cases, and we project that number to increase over the holiday season. READ MORE >>
Tuesday, October 29, 2019 One mistaken click can be costly if a hacker gains access to your business email account and uses that access to defraud your business of thousands – or even millions – of dollars. Watch Ken Morrison, a Travelers cybersecurity professional, show how an attack like this works, so you can recognize the signs and take steps to protect your business from cyber criminals. READ MORE >>
Thursday, October 24, 2019As Cyber Month continues, it is time to debunk a few myths about cyber exposures being covered by your attorney malpractice policy. This is by no means a complete list claims not covered by your malpractice insurance. Also, cyber insurance may or may not provide coverage. 1. READ MORE >>
Tuesday, October 22, 2019 READ MORE >>
Monday, October 21, 2019According to one report over 75% of the Cybercrimes reported were from the “The Friday Afternoon Fraud”. This involves criminals modifying emails directly by hacking into the email system of an individual. By monitoring e-mails they can then determine when a deal is about to be closed. READ MORE >>
Thursday, October 17, 2019 READ MORE >>
Thursday, June 6, 2019Did you know that there is a big difference time between when the data breach occurred and when it is discovered? According to the Ponemon Institute the average small business did not know that they were hacked until 197 days after it happened. You may think that your firm is secure, but survey results beg to differ. READ MORE >>
Wednesday, June 5, 2019Most firms believe that they will have a cyber-attack in the next year. According to Travelers 2018 Risk index over 52% of businesses consider it inevitable that they will be a cyber victim. What types of information do you store about clients, vendors and employees? READ MORE >>
Wednesday, April 24, 2019Hiscox is a leading provider of Cyber Insurance worldwide. This is their 3rd Cyber Report, which can give an interesting perspective in trends from prior years. The number of firms reporting a cyber-attack has increased from 45% in 2018 to 61% in the 2019 report. READ MORE >>
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