Complying with Cyber Liability Insurance

If you assume your cyber insurance claim will sail through without scrutiny, think again. When evaluating your claim, your cyber insurance provider will assess whether you exercised “due care” in safeguarding your business against cyber threats. While possessing a cyber liability insurance policy is a must in today’s landscape, you cannot guarantee that your insurer…

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A Deep Dive Into Data Governance

Data is key to understanding customers, market trends, and internal business operations. Making the most of this information is crucial for improving customer experience, driving innovation, and enhancing overall productivity. You can unlock the full potential of your digital data with efficient data management and governance. Data management is all about organizing, securing, and sensibly retrieving…

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Password best practices

Those who know me know how I feel about password best practices. Password protection is imperative if you want to ramp up your cybersecurity.  With the business world heavily reliant on digitalization, using technology is unavoidable. Although technology can undeniably give your business an advantage in increasingly competitive markets, many troublesome areas exist to monitor. Setting…

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Monitor, Test, Restore – Making Sure Your Backups Are Ready

Backups play a critical role in any data protection strategy. However, if you depend entirely on your backups for disaster recovery and business continuity, unexpected backup failures can prove disastrous for your business. When backups are scheduled automatically, you risk falling victim to media failure, software issues, cyberattacks or even a simple human error. Fortunately, you…

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Understanding Reputational Risk in Cybersecurity

Following a cyber attack, brand reputation is a critical aspect of cybersecurity, often referred to as reputational risk.  This risk encompasses the potential threat to the integrity of a company’s name, the trust of its loyal customer base, and its historical standing within the market. It stands alongside other significant cyber threats, such as digital,…

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Tangerine hacked: 230,000 customers exposed

Tangerine, the latest company to be hacked in the Australian telecommunications sector, has unfortunately fallen victim to a significant data breach, wherein hackers managed to pilfer some personal information of an estimated 232,000 customers. The breach, which occurred on February 18, was brought to management’s attention on February 20, prompting Tangerine to notify affected individuals…

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A Blueprint for SMBs to Thrive 

Organizations worldwide have navigated a tumultuous journey, and small and medium-sized businesses (SMBs) have borne the brunt of the challenges.  Given their limited financial resources, setbacks for SMBs have been more pronounced than those of their larger counterparts. SMBs face heightened stakes and unique hurdles. In the face of global pandemics or even shifting market conditions,…

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The Right Cyber Insurance Coverage

Although adopting the latest technologies and industry trends is undoubtedly crucial, ensuring your business has the best cyber liability insurance is equally important. Think of it as an invisible shield protecting your business from devastating losses. However, to harness its full potential and ensure robust protection, it is critical to have a nuanced understanding of…

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Top 4 Co-Managed Cybersecurity Myths

As a business owner, you may need to choose between relying on your in-house cybersecurity staff or outsourcing technology management to a cybersecurity service provider. There is, however, a third option: co-managed cybersecurity. This approach combines the advantages and convenience of in-house cybersecurity competent and specialized support from outsourced specialists. Cybersecurity is a “best of both…

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The Challenges of Network Monitoring

Your network is your business’s lifeline. A healthy and secure network is critical for seamless communication and operational efficiency. That’s why it’s crucial to proactively identify issues and optimize performance through continuous network security monitoring. However, as you keep a close watch, you’ll discover many issues lurking beneath the surface. In this blog, we’ll look…

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From Phishing Ploys to BYOD Risks

Organizations are increasingly cognizant of the dynamic cybersecurity environment in the contemporary landscape. Despite substantial global investments in fortifying against cyber threats, cybercriminals persistently find ways to breach even the most robust security defences. The primary focus of these cyber threats is often the employees, perceived as the weakest link in an organization’s cybersecurity perimeter.…

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AI’s Promise and Peril: A Balancing Act

In recent years, the advent of advanced AI tools like ChatGPT and Dall-E has promised groundbreaking transformations across various sectors, from healthcare to education. These technologies offer unparalleled opportunities to revolutionize society, empowering doctors with more precise diagnostic capabilities and democratizing access to professional expertise. However, beneath the surface of innovation lies a shadow of…

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Bolster Cyber Defenses With Routine Security Tests

Businesses today face various cybersecurity threats, from social engineering attacks like phishing to sophisticated ransomware. For business leaders like you, protecting your network is crucial since it is the lifeline of your business. Any vulnerability in your network can compromise your sensitive data, operational integrity and stakeholder trust. You must understand and address these threats…

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The beginner’s guide to cyber liability insurance

Cyber Liability Insurance (CLI) covers the financial loss that results from data breaches. However, cyber liability is not typically included within general liability insurance and must be purchased separately. Also, each company offering a policy has different coverage options and exclusions. Why invest in cyber liability insurance? Experts estimate that the damage inflicted by cyber…

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Boosting Your Cybersecurity Posture for Better Coverage

Navigating technology and insurance jargon may be hard when looking for cyber insurance for your small business. There are even different types of cyber coverage; you might not be sure what you need because you’re not a cybersecurity expert. Plus, once you have coverage, there’s always the risk of not receiving a payout in the…

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Telecoms Tackle 19 Year New Security Risk

In the ever-evolving landscape of digital threats, telecommunications companies find themselves on high alert as a newly discovered consumer security risk emerges. This threat allows scammers to circumvent identity checks for online transactions, including banking, shopping, and messaging. Surprisingly, the vulnerability lies in a feature implemented on mobile phone networks 19 years ago, which, when…

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Exploring the Essentials of Cyber Insurance: Three Critical Types to Consider

The surge in cybercrime underscores the importance for businesses to prioritize cyber insurance. For businesses dealing with sensitive data, awareness of cyber insurance becomes imperative for financial security. This protection shields businesses from monetary losses from cyber incidents, safeguarding their future amidst the evolving threat landscape, including data breaches, cyber theft, and ransomware. Especially for…

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Understanding Cyber Insurance Realities

Cyber insurance remains crucial for businesses navigating the digital landscape and seeking protection against increased cyber threats, such as data breaches, theft, and ransomware attacks. So, understanding cyber insurance realities is critical to your protection. Four Cyber Insurance Realities Reality 1: Insurance coverage is contingent upon meeting specific requirements outlined in your policy. Most reputable…

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Assume the cost of MFA’s

Picture this: Skipping out on multi-factor authentication (MFA) is like leaving your front door open for hackers. It’s not just a small risk; it can lead to considerable losses in money, damage your reputation, and even put you out of business entirely. That’s a sinking feeling no one wants to experience. MFA isn’t just another…

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Beware the Surge in “Phantom Hacker” Scams

A “Phantom Hacker” scam involving malevolent individuals posing as tech experts via phone, text, or email alleges that the victim’s computer or electronic device has fallen victim to a virus or hacking. And they are on the increase. “Phantom hacking” involves scammers posing as tech experts or representatives from reputable financial or banking organizations who…

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Shadowed World, Real Threats: Navigating the Dark Web’s Dangers

Delving into the Dark Web unveils a clandestine realm where leaked or pilfered company data lurks. It’s a trove housing past and present sensitive information—passwords, logins, customer details, even credit card numbers. Yet, this digital underworld isn’t merely a repository; it’s a shadowy marketplace peddling ransomware kits, illicit substances, forged IDs, and many illegal commodities.…

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Safeguarding Your Travel Bookings

Reports from various consumer affairs agencies are sounding the alarm – travel booking sites have become the latest playground for scammers looking to exploit unsuspecting travellers. In this blog, we’ll look into the latest findings from cybersecurity company Perception Point and provide essential tips to protect yourself from falling victim to these cunning scams.  Understanding…

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Unwind Securely: Safeguard Your Digital Footprint on Vacation

Contacting friends and family would be much more difficult without the internet and social media platforms. After all, we can enjoy several significant moments online, protected behind our screens. Online connections have enabled us to remain in touch, never missing a minute, whether attending your friend’s virtual wedding or watching your favourite cousin’s newborn take…

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Securing the Digital Landscape: Key Takeaways from Cyber Security Today’s 2023 Review

Hey, everyone. Here is a link to Cyber Security Today, Year in Review for 2023, with Howard Solomon, the host of Cyber Security Today, and David Shipley, head of Beauceron Security in Fredericton, New Brunswick. In 2023, the central cybersecurity event discussed was exploiting a zero-day vulnerability in Progress Software’s MOVEit file transfer application. The…

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Busting four popular cybersecurity myths

Understanding current and evolving technology risks and their truths is critical for providing a specific direction for your business. But at times, we feel the need to break up some myths. This blog can help you with that, and after reading it, you’ll have a better idea of the threatened landscape and how to protect…

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Holiday Hacks: Protecting Your Browser Amidst Festive Cyber Fervour

As the holiday season approaches, digital transactions transform into a bustling marketplace blending festive cheer with lurking cyber threats. Amidst the joyous celebrations, it’s paramount to fortify our digital defences beyond the conventional cues of cyber intrusion. Here, we delve deeper into safeguarding your website browser, unveiling lesser-known threats often lurking beneath the surface. As…

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Cyber Security Today, Week in Review for Friday Dec. 15, 2023

Howard Solomon of Cyber Security Today. The Week in Review and Terry Cutler of Montreal’s Cyology Labs discuss several stories from the past seven days. These include a U.K. Parliamentary report saying the country isn’t prepared for a targeted ransomware attack, North Korea’s Lazarus group is still exploiting the two-year-old Log4j vulnerability and the latest…

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The Elusive Tactics of Star Blizzard

A shadowy group of hackers has emerged onto the global stage, orchestrating a sophisticated global spear phishing attack reportedly linked to the Kremlin. Known under an array of pseudonyms—Star Blizzard (formerly SEABORGIUM), Callisto Group, TA446, COLDRIVER, TAG-53, and BlueCharlie—this clandestine unit employs a cunning strategy. Their method? Covertly embedding seemingly harmless links within legitimate websites…

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How to Achieve Strategic Cyber Risk Management With NIST CSF

Keeping sensitive data and critical tech safe from cyberattacks is crucial for businesses like yours. Your survival and growth depend on how well your organization can withstand cyberthreats. That’s where cyber risk management comes into play. Businesses with solid cyber risk management strategies can build formidable cyber defences and reduce risks without compromising business growth.…

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Unveiling the Digital Grinch: Fake Affiliate Scams, Giveaways, and Followers

As the holiday spirit blankets social media, lurking beneath are cyber villains wielding deceptive tactics. Discover the dark underbelly of the festive season: affiliate scams infiltrating platforms with stolen credentials, baited fake giveaways masquerading as gifts, and the rise of counterfeit followers.  These schemes, designed by digital impostors, prey on our trust and eagerness. Unwary…

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How Effectively Managing Risk Bolsters Cyber Defences

Where cyberthreats and vulnerabilities continually emerge, it’s evident that eliminating all risks is impossible. For CEOs and CSOs, there’s a powerful strategy that can help address your organization’s most critical security gaps, threats and vulnerabilities—comprehensive cyber risk management.  Implementing a well-thought-out cyber risk management strategy can significantly reduce overall risks and strengthen cyber defences. To…

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Holidays and Hackers: Staying Protected Amid Festive Cyber Risks

The holiday season, characterized by its spirit of joy, togetherness, and festivities, is a cherished time for many. Amidst the merriment, it’s crucial to remain vigilant against potential cyber threats that tend to surge during this period of heightened online activity.  As we immerse ourselves in the season’s warmth, we must watch the telltale signs…

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Behind the Scenes: What a Cybersecurity Audit Reveals About Your Network

Living, working, and breathing in today’s digital age brings countless benefits, but it could be smoother sailing. Cyberattacks lurk around, threatening our very existence in the online realm. You can’t escape the constant chatter about these attacks, especially those that shake things up. It’s so staggering that it often leaves us at a loss for…

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Regular Backup Testing: Save Time, Money and Energy

As a business owner, you’re probably already aware of the threats looming over data security in today’s digital environment. The irretrievable loss of critical data could drive your business to ruins. Apart from the financial fallout directly associated with data loss, it could also damage your reputation. While backups can help your business recover after…

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Top Misconceptions About Digital Transformation

Digital transformation is necessary for all businesses that want to thrive in today’s competitive market. Cybersecurity helps businesses like yours win new customers, improve efficiency and increase profits. However, due to several misconceptions, many business owners hesitate to take the digital plunge. In this blog, we’ll discuss the most common digital transformation misconceptions and share…

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Phone Breach Red Flags: Are You Still a Target for Hackers?

Amid the pandemic’s whirlwind, the rush towards remote work spun our lives into an era of mobile maneuvers and an unwavering dependence on our trusty smartphones. Yet, even now, two years down the line, this transformative wave has left a trail of companies caught off-guard by a lack of cybersecurity measures, paving a golden path…

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Top Technologies Driving Digital Transformation

When creating a budget for your business, it’s important to remember that technology costs are more than just operational expenses. They should be considered an investment that can drive your organization toward unprecedented productivity, growth and profitability. Your technology budgeting process shouldn’t just be about numbers and spreadsheets. Instead, it should be about shaping the…

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Four top Black Friday scams 

Attention Black Friday enthusiasts, exercise caution! Cybercriminals are on the prowl, targeting bargain hunters aiming to seize great deals online in 2023. Black Friday, one of the busiest shopping extravaganzas of the year, is increasingly moving into the digital realm, becoming a prime opportunity for hackers to capitalize on. This day, following the US Thanksgiving,…

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Rising Instances of Deceptive QR Code Scams

Consumers face an escalating threat of identity theft and data breaches by exploiting Quick Response (QR) codes, an aged technology repurposed amidst the touchless payment trends sparked by the global pandemic. QR codes, known for their black-and-white square configuration readable by smartphone cameras, were introduced in the mid-1990s. Hackers are taking advantage by superimposing fraudulent…

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The Role Deduplication Plays in a Data Cleansing Strategy

In today’s digital era, where humans produce nearly 2.5 quintillion bytes of data daily, dirty data is a concern for businesses, irrespective of size and industry. This is because any organization that handles duplicate, inaccurate and outdated information will have to deal with consequences such as: Ineffective marketing efforts: Most businesses these days use targeted promotional…

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Why Your SaaS Data Needs Backup Protection 

Software-as-a-Service (SaaS) applications are more in use than ever before. However, most companies operate under the misconception that SaaS providers are responsible for protecting their data. CEOs believe that their data remains private and secure in the cloud, which is true but only to a certain extent. And only one-third of the SMBs backed up their SaaS application data.  There…

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How to Ensure Compliance When Working Remotely

Remote or hybrid work models are utilized by many businesses to keep their operations up and running. For all its benefits, hybrid work does present unique challenges as it exposes organizations to a whole new level of cybersecurity and compliance threats. With cybercriminals preying on vulnerable home networks and work-from-home employees saving files on local…

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Be Aware of These Top AI Cyber-Risks

The rise of AI has sparked a revolution. Everyone, from industry giants to smaller enterprises, is captivated and eager to leverage AI’s endless possibilities. However, amid the celebrations of AI’s merits, let’s not ignore its potential risks. A new array of cyber threats emerges when intricate AI algorithms cross paths with malicious cyber elements. From…

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A Deep Dive Into Phishing Scams

Phishing scams remain among the most prevalent and successful types of cyberattacks today, so being aware of their danger to businesses like yours is crucial. Your business could easily be the next victim if you don’t understand how threat actors leverage phishing emails. In this blog, you’ll learn the intent behind phishing emails, the various…

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Ransomware Equals a Data Breach

From a data regulator’s perspective, it is the responsibility of your business to keep data safe from cyber threats, inform clients about a breach within a stipulated period and provide necessary documentation as proof of your efforts. Although different regulations have laid down distinct mandates for breach notifications, the principle remains intact. While there is…

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Don’t Fall for It: The Elaborate Job Application Scam Still Targeting University Students

In the age of digital connectivity, the online landscape offers both opportunities and dangers. Unfortunately, one unsuspecting university student recently became ensnared in a sophisticated job application scam, illustrating how crafty cybercriminals have become. This cautionary tale reminds us to remain vigilant despite enticing job offers that could be cleverly disguised traps. The Perfect Target…

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Exploring the Intricate Web of Fine Print Scams

When was the last time you meticulously scrutinized the fine print of an online agreement before gleefully clicking “I agree” to access premium content or snag a tempting free trial offer? If you’re like most, you might not even remember when. It’s common practice to bypass the fine print, but did you know that lurking…

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8 Elements of a Business Impact Analysis for Compliance

A compliance program helps businesses like yours minimize risk and increase business efficiency. It also ensures that your business complies with relevant laws and industry regulations. An essential element of an effective compliance program is Business Impact Analysis (BIA). It measures the impact of a disruption (due to an accident, disaster, etc.) on critical business…

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Business Continuity Plan 101

You must self-reflect if you want your business to remain competitive even during a disruption. What’s your plan against the unexpected? The truth is that numerous threats can halt your business operations at any time. If your employees cannot quickly pivot to ensure business continuity, you won’t just struggle with competition but with survival. The…

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