Businesses rely heavily on the internet and big data to remain competitive. The very sustainability of their business operations depend on it. Although both the internet and big data can bring in streams of revenue, the digital world also exposes businesses to harmful data leaks. In this blog, we’ll discuss five main causes that create just the...
Cybersecurity Guide for e-Businesses
The digital revolution has paved the way for e-commerce websites to thrive. Geographical limitations no longer restrict businesses, as customers can be found across various states. Furthermore, transactions can now be completed within minutes instead of days, thanks to efficient, easy to use payment processing and online sales platforms....
Technology E&O – Professional Liability: What’s Covered, What’s Not
While technology can improve efficiency and convenience, it's not without risk. Technology E&O insurance protects businesses and their staff from negligence, mistakes, and cyber threats. Learning what E&O insurance is and is not will help you better meet your clients’ needs and make sure you don’t leave them with any gaps. What Is...
What Happens When Your Credit Card Is Swiped
Cash payments declined to 18.6%, down from 25.8% in 2019, according to the latest data. Digital payments, including the use of credit cards, continue to grow, and so does the fraud associated with them. According to the FTC, there were over 4.7 million reports of fraud recorded in 2020. And just recently, the details of 1.2 million stolen credit...
8 Cybercrime Trends to Watch Out for in 2023
Although there may be a few frightening characters who show up at your door this Halloween, cyber threats are far scarier (and not likely to be appeased by just a few pieces of candy). The FBI reports that in the US alone, potential losses from cyber crimes exceeded $6.9 billion in 2021. In the spirit of Cyber Awareness month, we’ve rounded up 8...