ARTICLES ABOUT CYBER-INSURANCE

According to Cybercrime Magazine, global data storage is expected to exceed 200 zettabytes in 2025. One zettabyte is equal to a billion terabytes or a trillion gigabytes. That’s a lot of data to secure. — Inside the corners of those storage systems lurks shadow data: unchecked and uncontrolled data…

Have you heard that your credit score can affect how much you pay for insurance? — As a consumer, you probably know everyone has a credit score maintained by three major credit reporting agencies: Equifax, Experian and TransUnion. These firms compile information from financial institutions and…

Multifactor authentication (MFA) is a cybersecurity technique that verifies your identity by requiring multiple credentials, like a security code sent to your phone. You might get an MFA notification when logging in to a new device or verifying a retail account. You might receive a lot of MFA…

What would you do if someone called claiming to be your bank and told you your account had been hacked? — That’s exactly what happened to one of our insureds. — He got a call from someone claiming to be from his credit union, warning him about a large fraudulent charge. The caller knew his name,…

According to the Federal Trade Commission, Americans reported $470 million in text scam losses in 2024. That’s five times the amount reported in 2020. The FTC says text scams continue to rise, despite a drop in the number of scams reported. — Exploiting your responsiveness to texts — Texts are far…

In today’s connected world, cyber threats aren’t just a business problem—they’re a household problem. From smart home devices and online banking to email and social media, your personal data is more vulnerable than ever. A home cyber insurance endorsement can protect you from financial losses due…

In today’s digital world, identity theft is a growing concern. Criminals can steal personal information to access bank accounts, open fraudulent credit cards, or even take out loans in your name. Unfortunately, recovering from identity theft can be a long and costly process. That’s where Identity…

A threatening notification from the IRS can be overwhelming. That’s why it’s a staple in the scammer’s toolkit. They want you to be scared and not take time to think. — Common IRS tax scams — These often start with a call from someone posing as an IRS agent. They can go a few ways: — In one popular…

Your car is an expensive purchase. You want it to meet your lifestyle needs, like safety and value. But have you considered personal data privacy as part of your car-buying evaluation? — The Federal Trade Commission (FTC) and other privacy advocacy groups have been raising alarms about personal…

The World Economic Forum forecasts the cost of cybercrime to reach $23.84 trillion by 2027. Yes, you read that right. — Cybercrime is a fact of life in our digital world. But there’s still a lot you can do to protect yourself. And it doesn’t have to be complicated. In this article, we’ll cover the…