Do You Need Cyber Liability Insurance?

Written by Jon Isenberg on August 8, 2019

IN THE NEWS – ELIJAH Digest | August 07, 2019 Computer Forensic, Cybersecurity and Managed IT Solutions. What is it? Cyber-insurance is a relatively new insurance product and is used to protect law firms and businesses from Internet-based risks. Most policies cover a business’ liability for a data breach in which the firm’s data and information is exposed or stolen. Does my firm or business need it? With more and more law firms and businesses having cyber-attacks, business owners need to consider adding a Cyber Liability Insurance policy to their insurance package. Cyber Liability Insurance is designed to cover the financial losses that result from data breaches and other cyber events. Many policies include both first-party and third-party coverages. First-party applies to losses sustained by your company directly and third-party coverages applies to claims against your firm by people who have been injured a result of your actions or failure… Read more »

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Ransomware – How Concerned Should You Really Be?

Written by Jon Isenberg on July 25, 2019

IN THE NEWS – ELIJAH Digest | July 25, 2019 Computer Forensic, Cybersecurity and Managed IT Solutions. Today, one of the more difficult situations that a business or municipality can face, is a cybersecurity attack whereby business data is attacked and held hostage for money by a cybercriminal. This is commonly known as Ransomware and the motive is typically monetary with payment demands usually made in Bitcoin. According to a report from the Federal Emergency Management Agency (FEMA), 40% of businesses do not reopen after a Ransomware attack and another 25% of businesses fail with one year. In 2018, Ransomware attackers cost the world more than $8 billion and industry analysts predict that the costs for 2019 will exceed $15 billion. That estimate does not include the costs to fix and repair any IT related issues – which is estimated to be an additional $75 billion for 2019. With the… Read more »

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Airport USB charging stations – Are they safe from Data Theft?

Written by Jon Isenberg on July 11, 2019

IN THE NEWS – ELIJAH Digest | June 27, 2019 Computer Forensic, Cybersecurity and Managed IT Solutions. It turns out that those USB charging stations at airports are almost as dangerous as a public wi-fi connection. As IBM Security’s Caleb Barlow recently said, “Plugging into a public USB port is kind of like finding a toothbrush on the side of the road and deciding to stick it in your mouth. You have no idea where that thing has been.” The threat is real. Hackers can easily configure those public USB chargers to deliver dangerous malware to your mobile device. Or, they can install bugs that download data off your smartphone without any warning. Either way, one simple plug into one simple charging station can put your data at risk and if you are using a work device, that risk can spread to your entire company network. According to the 2019… Read more »

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