Funds Transfer Fraud: Does Victim Still Have to Pay Real Invoice?
Contractor B paid a fraudulent invoice for $26,000 to a hacker claiming to be Contractor A, and now doesn’t want to pay the legitimate bill.
Cyber Liability
Bluesnarfing, Sybil Attacks and Other Emerging Cybercrime Tactics
Attacks on Bluetooth devices are a growing trend in the cybercrime world. Here are some of the common threats you and your clients should be aware of.
Cyber Risk Trends to Watch in 2024
Agents and brokers have the opportunity to educate their clients on some of the key cyber trends to watch for as we close out 2023 and look ahead to 2024.
Cyber Risk: 5 Challenges Small Healthcare Businesses Face
The increasing frequency and sophistication of cyberattacks have made healthcare, particularly small healthcare businesses, vulnerable to data breaches and digital extortion.
QBE Launches New Cyber Insurance Program with Converge
ConvergeElements™ is a new cyber insurance product that provides small and midsize businesses with clear and confident cyber solutions.
Businesses Lack Protection and Recovery Plans Against Cyber Attacks
Most small and midsized businesses do not have basic cybersecurity prevention measures in place and severely underestimate the likelihood of a cyberattack.
Average Cost of a Data Breach Reaches All-Time High, says IBM Report
The global average breach cost reached $4.45 million, with detection and escalation the most expensive component—indicating a shift toward more extended and complex investigations.
Amid Inflation and Cyber Concerns, Restaurants Remain Optimistic
After making numerous operational changes during the coronavirus pandemic, restaurant owners are now feeling optimistic about the future, according to Nationwide.
5 New Business Opportunities for Agents This Summer
Whether it’s reevaluating tried-and-true policies or exploring new lines, agents have several opportunities to expand this summer.
Ask Your Clients These 5 Questions About Their Cyber Risks
“How do you manage cyber risk?” and four other questions to help you start cyber risk conversations with your clients.
