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In today’s business landscape, data isn’t just power; it’s the lifeline that fuels business decisions, drives innovations and shapes strategies. However, businesses often find it difficult to manage the vast amounts of data they hold effectively, and that’s where data management comes into play. Simply put, data management is all about collecting, storing, and analyzing data…

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…

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…

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…

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…

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…

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…

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.…

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…

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…

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…

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…

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…

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.…

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…

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…

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…

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…

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…

A profound transformation is unfolding in the ever-shifting theatre of digital warfare, where the very essence of security hangs in the balance. This isn’t just a paradigm shift; it’s an epochal transformation. Artificial Intelligence (AI) and Machine Learning (ML) have ushered in an era where cybersecurity is elevated to an art form. But, one must…

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…

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…

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…

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…

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…

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…

Social media has significantly transformed the way we communicate and do business. However, this growing popularity also comes with potential risks that could cause harm to businesses like yours.  Unfortunately, many organizations remain unaware of these rapidly evolving challenges. In this blog, we will explore the dangers associated with social media and share practical tips…