QR CODES – short for Quick Response codes – are everywhere these days, on the tables at restaurants, on posters, print and electronic advertising, and even during TV programming and commercials. But now, even these are prone to misuse and if one of your employees scans...
PHISHING ATTACKS on enterprise and employees’ smartphones continue plaguing businesses, with attacks increasing 10% in 2022 from 2021, according to a new report. As more businesses have adopted bring- your-own-device (BYOD) policies, the risks grow for these attacks, which can be costly. Last year, 11.8% of mobile...
A NEW STATE law that allows for digital license plates to be installed on vehicles in California, may have created a privacy nightmare for employers. The Motor Vehicle Digital Number Plates Act, which took effect Jan. 1, enables fleet and commercial vehicle owners to purchase and...
ONE OF THE biggest lawsuit threats businesses face is from their own employees. Any company with staff – be that one or 500 – can be sued, and even if the case never goes to court, it can create a significant burden for your business. While...
A NEW REPORT found that one-third of companies who are hit with ransomware and pay the hackers to unlock their systems, are often likely to be targeted a second time. And after they pay, they are often faced with significant consequences, including system rebuilding costs, their...
BUSINESSES THAT are hit by wire transfer scams are increasingly finding it difficult to get their claims paid unless they have either a crime or cyber insurance policy that covers “computer fraud.” Wire transfer fraud occurs when an employee is duped into wiring funds into the...
COMMERCIAL INSURANCE companies are raising rates in most of their lines to account for increasing claims as well as the cost of claims, but another factor is forcing them to raise their rates further: reinsurance. When insurance companies underwrite policies, they won’t retain all of the...
If your company uses drones or plans to use them as part of your operations, you are faced with a unique set of risks that can leave you exposed to a variety of possible liabilities. That’s why it’s important that you are properly insured to...