4 Things To Do Right Now To Prevent Your Cyber Insurance Claim From Being Denied

“Thank goodness” is probably what Illinois-based manufacturing company ICS thought about having a cyber insurance policy with Travelers Insurance after a data breach in 2022.But after claims investigators pulled out their microscopes, they found that ICS failed to use multi-factor authentication(MFA) across all digital assets, which they had agreed to do in their policy.

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Scare Tactics

It should hardly come as a surprise to anyone that cybercriminal activity has surged in 2020. By May of this year, the number of reported attacks had already come close to the total for 2019 according to the federal government.

With the onset of COVID-19, there were a plethora of new opportunities for cybercriminals to take advantage of our uncertainties, fears, and overall lack of knowledge about this virus and how it was spreading.

Your Copy Machine: A Serious Security Risk?

It seems that even the most innocuous machines in the workplace can serve as a security threat to companies. According to this report from CBS News, many office copiers save the images they copy on a dedicated hard disk installed inside them. This means that everything from mundane memos to your most sensitive information such as financial statements and contracts are stored – and could potentially extracted. So the next time you dispose of a copy machine, if you’re not sure what’s stored on it and how to get it off – give us a call to help out. To see the news report, watch this video.