Texas Print Shop Hit by Ransomware
Ransomware that crippled Hollywood Presbyterian Hospital made national headlines but ransomware continues to be a major menace for small to midsize businesses.
A print shop in Lubbock, Texas was shut down last week due to ransomware. An employee opened an infected file and ransomware took control of the network.
Survey: Companies worried about disclosure of PII
A survey by Mayer Brown shows companies consider the disclosure of PII the biggest cyber related threat.
Survey respondents overwhelmingly considered the disclosure of personally, identifiable information as the biggest cyber-related threat to their companies (63%). Concern about interruption of business operations such as system sabotage ranked second (24%).
Cyber risk the most serious threat to business, says Lloyd’s chief
The CEO of Lloyd’s of London, one of the largest insurance companies in the world, says that cyber risk is the most serious threat to businesses
Inga Beale, chief executive of Lloyd’s, said: “Cyber risk poses the most serious threat to businesses and national economies, and it’s an issue that’s not going to go away.
This threat is driving a big push for Cyber Insurance
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How to prevent cybercrime in small businesses
An article over at The Guardian called Cybercrime and hacking are even bigger worries for small business owners gives good advice on how a small business can protect themselves from cyber-crime.
A lot of small businesses do not properly protect company and customer information
What to consider when Buying Cyber Insurance
There is a good article over at Privacy Risks Advisors that discusses what to consider when buying cyber insurance.
Consider the Need for Cyberinsurance
There are now a number of cyberinsurance products available, and the scope of coverage varies from insurer to insurer. These policies typically cover losses and liabilities such as: