by Kelli Young | Sep 13, 2021 | Case Study, Cyber Liability Insurance
During the final months of 2013, Target—the well-known American retailer—experienced a large-scale security breach. The Target data breach breach led to several point-of-sale systems being compromised by malware, giving cybercriminals access to millions of customers’...
by Kelli Young | Sep 6, 2021 | Case Study, Cyber Liability Insurance
In late 2014, the German Federal Office for Information Security (BSI) released a report detailing a disruptive cyber hack at an unnamed steel mill facility. The attack—which was deployed through a combination of social engineering tactics and malware— compromised...
by Kelli Young | Aug 23, 2021 | Business Insurance, Cyber Liability Insurance
Keeping workplace technology up and running is vital to any organization’s success. While this task seems feasible, it’s growing harder and harder each year as cybercriminals expand their reach. It’s not enough to simply protect workplace technology with software and...
by Kelli Young | Aug 17, 2021 | Business Insurance, Cyber Liability Insurance
Organizations of all sizes and sectors are facing increased cybersecurity risks. Specifically, ransomware attacks—which leverage malware to compromise a victim’s data and demand them to make a large payment to recover it—have quickly become a rising threat across...
by Kelli Young | Aug 9, 2021 | Business Insurance, Cyber Liability Insurance
Ransomware-as-a-Service (RaaS) is a dark web cyberthreat to businesses that utilizes software to launch an attack and secure a ransom payment. These attacks entail a cybercriminal deploying malicious software to compromise a device (or multiple devices) and demand a...
by Kelli Young | Jul 28, 2021 | Business Insurance, Cyber Liability Insurance
The year 2020 will forever be remembered as the year of the COVID-19 pandemic. The global impact was unlike anything seen in recent history, and the virus permeated all aspects of life, including cybercriminals who used the opportunity to exploit the pandemic by...
