Cyber insurance covers a range of elements, the most basic being the legal expenses incurred as a result of falling victim to cybercrime. This includes legal fees, expenses, and even any fines that you may have to pay or financial settlements that have to make...
What is cyber insurance With cybercrime becoming a major threat to businesses across the world, irrespective of their size, cyber insurance is fast becoming a necessity more of a necessity than a choice. However, the concept of cyber insurance is still fairly new and not many...
As a business, you deal with a lot of personally identifiable information on a daily basis. It can come from anybody who interacts with your business. It could be your clients, your vendors, employees, etc. You need to have a privacy policy declaring how you,...
A privacy policy is not just a legal requirement, it is a tool to help earn your customers’ trust and to protect yourself. In many ways, it sets the stage for the next steps such as data security, sharing, and storage. In this blog, we...
Your business is privy to a lot of data. A lot of information flows in from clients, vendors and even your employees. This includes Personally Identifiable Information (PII)--data that can help identify an individual and perhaps even get in touch with them. A privacy policy...
Did you know that having a weak password is one of the biggest security risks you face? This blog focuses on the best practices related to passwords that you can follow to ensure passwords are not your weakest link.Avoid sequences and repetitions: How many...
Cyberattacks are a commonplace today. Malware such as viruses, worms, and more recently ransomware not only corrupt your data or hold it hostage but also inflict irreversible damage on your brand and business. As a norm, most businesses these days to invest in anti-virus/cybersecurity systems....
Last week we discussed the overall concept of “Data Protection Laws,” which govern the handling and securing of specific data. While these laws are wide ranging, most of these laws reference Personally Identifiable Information (PII) This “refers to information that can be used to distinguish...
This blog introduces a new topic that many may be unaware of Data Protection laws. These are laws that define fully, or in part, what type of data is covered by government regulations, prescribe general standards for the securing of covered data, and may also...
Security and your sub-contractors So you feel relatively comfortable that you have created cyber security around your data and your employees are trained to avoid security errors in their day-to-day business ( a MAJOR source of security breaches, by the way.) However, you may be overlooking...
