EpiOn Blog

3 Types of Cyber Insurance You Need to Know About

15

As the world becomes more digitized and cybercrime increases, the need for cyber insurance is something businesses should not overlook. If your company handles, transmits or stores sensitive data, you need to know about cyber insurance. Cyber insurance is intended to protect businesses from the monetary losses arising from a cyber incident that could jeopardize their future. It covers financial losses caused by events such as data breaches, cybertheft and ransomware. Since small businesses often lack the resources or budgets of big corporations, cyber insurance can provide critical financial protection in the event of a cyberattack, helping them recover quickly.  Types of cyber insuranc...

0 Comment
Continue reading

How an IT Service Provider Can Help With Cyber Insurance

17

When looking for cyber insurance for your small business, you may find it hard to navigate technology and insurance jargon. There are even different types of cyber coverage and you might not be sure what you need because you’re not a cybersecurity expert. Plus, once you do have coverage, there’s always the risk of not receiving a payout in the event of an incident if you didn’t meet your policy’s requirements.    Partnering with an IT service provider can make your journey to qualify for cyber insurance easier in so many ways. Keep reading to find out how. An IT service provider can help you Although an expert IT service provider can bring a lot to the table on matters regarding se...

0 Comment
Continue reading

Don’t Fall for These Cyber Insurance Myths

14

As the world increasingly moves online, so do the risks to our businesses. Cyber insurance is one way to help your business recover following a cyberattack. It covers financial losses caused by events such as data breaches, cyber theft, ransomware and more.   Cyber insurance can be beneficial in many ways since it typically covers the cost of: Recovering dataLegal proceedingsNotifying stakeholders about the incidentRestoring the personal identities of those affected Due to the complicated nature of cyber insurance, there are a lot of myths out there that can be harmful to your business if you fall for them. Let’s debunk them together.  Cyber insurance myths debunked Busting the top...

0 Comment
Continue reading

Why Your Business Needs to Prepare for Cyber Incidents

9

As the world becomes more digital, so do the risks of conducting business online. Cyber incidents can happen to any business, regardless of size or industry, and can have serious consequences.   The following are some examples of common types of incidents to look out for:   Phishing Phishing is an online scam in which criminals send emails or instant messages falsely claiming to be from a legitimate organization. These messages typically contain links to bogus websites designed to steal your personal information such as your login credentials or credit card number. Phishing attacks can be challenging to detect because scammers use familiar logos and language to dupe their victims. ...

0 Comment
Continue reading

Balancing a Proactive and Reactive Approach to Cyber Incidents

3

A cyber incident is a type of security event that can harm a business like yours. Ranging from data breaches and system failures to malware attacks and phishing scams, these incidents can hinder productivity, revenue growth and customer satisfaction.    In most cases, a cyber incident will result in data loss or downtime. This can include loss of confidential information, customer data or business records. In some cases, a cyber incident can also cause business interruption or financial loss.   We can all agree that no one wants their business to be hacked. A single cyberattack can rob you of your time, money and peace of mind. In addition to getting systems operational and da...

0 Comment
Continue reading
TOP