by Kelli Young | Nov 15, 2021 | Cyber Liability Insurance
Business email compromise (BEC) losses are among the most expensive types of social engineering losses, and they are on the rise—increasing 58% from 2015 to 2019, according to Advisen loss data. The median cost of a BEC loss is $764,000—significantly more expensive...
by Kelli Young | Nov 8, 2021 | Case Study, Cyber Liability Insurance
In the final months of 2014, Sony Pictures Entertainment (SPE)—a well-known entertainment company responsible for producing and distributing a myriad of famous movies—experienced a large-scale cyber incident. A foreign hacking group infiltrated SPE’s network via...
by Kelli Young | Nov 1, 2021 | Consumer Tips
It’s Cold and Flu Season Again With the fall and winter months comes flu season. According to the Centers for Disease Control and Prevention (CDC), flu activity peaks between December and February, so now’s the time to ensure you’re prepared. Social distancing and...
by Kelli Young | Oct 25, 2021 | Cyber Liability Insurance
One of the nation’s largest pipelines was forced to shut down in early May 2021 after falling victim to a ransomware attack. The 5,500-mile pipeline is operated by Colonial Pipeline and carries refined gasoline and jet fuel from Texas to New York. This pipeline...
by Kelli Young | Oct 18, 2021 | Case Study, Cyber Liability Insurance
In the final month of 2020, it was revealed that foreign hackers had orchestrated a supply chain cyberattack throughout the past year in an effort to compromise several federal agencies and private organizations. The cybercriminals first infiltrated the digital...
