If you think that your cyber insurance claim will be cleared with no questions asked, think again. While reviewing your claim, your cyber insurance provider will assess whether you took “due care” to protect your business from being compromised by a cyberattack. While having a cyber liability insurance policy is non-negotiable today, you cannot beContinue reading “Why You Must Comply With Your Cyber Liability Insurance”
Tag Archives: Cyberinsurance
The Beginner’s Guide to Cyber Liability Insurance for Business
The COVID-19 pandemic has impacted everyone in one way or another. If there is one category that most benefited from the pandemic, it’s cybercriminals. That’s why cybercrime has shot up by almost 300% since the start of the pandemic1 and that’s why you must adopt necessary measures to protect your business from malicious cyber players.Continue reading “The Beginner’s Guide to Cyber Liability Insurance for Business”
Prioritize Compliance for Your Business
One of the many challenges you probably face as a business owner is dealing with the vague requirements present in HIPAA and PCI-DSS legislation. Due to the unclear regulatory messaging, “assuming” rather than “knowing” can land your organization in hot water with regulators. The Health and Human Services (HSS) Office for Civil Rights receives overContinue reading “Prioritize Compliance for Your Business”
A ‘Compliance First’ Mindset Limits Liabilities for SMBs
By adopting a Compliance First strategy, when choosing solutions and vendors, you will identify those that do not comply with your requirements, eliminate them from your selection process, and then select from the rest. It also means evaluating your current solutions and vendors and replacing those that cannot support your compliance requirements. In simple terms,Continue reading “A ‘Compliance First’ Mindset Limits Liabilities for SMBs”