Archive for the ‘Cyber Liability Insurance’ Category

Risk Of A Fire Low… Risk Of A Cyber Attack High

Friday, April 19th, 2019

Believe it or not, a small to medium sized business has a greater chance of having a cyber-attack than it does of having a fire. At the Armstrong Company, we’re committed to providing insurance solutions that keep small and medium-sized businesses protected. Often times we can combine various coverage options into one convenient package –…Read More

Cyber Liability Loss Recovery Issues

Tuesday, February 19th, 2019

Cyber Insurance Can Benefit Your Business Cyber liability is a risk that every business faces today. You do not have to be a technology company or an online retailer to have cyber liability risk.  According to the latest studies by insurance experts, firms with 50 or fewer employees are the most at risk of having…Read More

Misconceptions about Cyber Liability

Monday, December 10th, 2018

Misconceptions about Cyber Liability Cyber liability coverage for data breaches has evolved from just insurance for information technology companies to coverage that nearly every kind of business should have as part of their insurance program.  Any business not making an effort to protect personal private information is seriously out of step with the emerging landscape…Read More

Cyber on the Rise

Thursday, October 11th, 2018

Everywhere you look there are new reports of cyber breaches. A Business Insurance article reported on an Orlando, Florida-based resort firm’s cyber breach that may have affected its payment card network for almost a year and a half. An article in Bloomberg reported a 20-foot Bowman Avenue Dam on the outskirts of Rye, New York,…Read More

Directors & Officers Insurance

Friday, September 14th, 2018

Directors and officer’s liability insurance helps protect your association, owners, executives and managers if individuals, competitors, third parties or government regulators make claims. A lawsuit against directors and officers most commonly occurs when, clients, competitors or others feel they suffered a loss in the value of their shares because of actions that the board or…Read More

How Cyber Liability Insurance Can Help Your Business Recover From A Breach

Sunday, September 2nd, 2018

Almost every business has a cyber liability exposure and most businesses are securing some form of coverage to protect them from these types of threats.  A recent report by a leading insurance firm said that purchases of cyber insurance grew over 30% in the last year.  Did you know that an average business has a…Read More

Cyber Liability Continues To Be An Emerging Risk

Monday, July 30th, 2018

Cyber Liability continues to be a major issue for businesses in 2018. In today’s data-driven social media world, businesses of all sizes have had a cyber-attack or data breach. Statistics show 39% of all cyber incidents affect businesses with fewer than 100 employees. With the recent breaches in the financial and hospital industries, many businesses…Read More

Identity Theft An Emerging Risk For Most Businesses

Thursday, July 12th, 2018

We have all heard of identity theft as it relates to individuals. Most of us have some form of identity theft protection just in case. However, businesses are now facing the same kind of risk, only as it relates to their business. The emerging risk includes; business tax fraud, trademark issues, website hacks, and credit…Read More

How Cloud Computing Changes Cyber Risk Exposures

Saturday, June 16th, 2018

Cyber risk and cloud computing is a topic that keeps evolving. In a recent study, 40% of companies thought they did not need cyber liability insurance. Many thought cyber liability was covered under their business insurance policy. And others thought that if they used the cloud to store client’s information that they had no risk….Read More

Cyber Risk Prevention

Monday, March 12th, 2018

Cyber Risk Insurance Cyber liability coverage (for data breaches) has evolved from just insurance for information technology companies to coverage that nearly every type of business should carry. From retailers, property managers, banks, contractors, distributors, restaurants and medical offices, many businesses are unaware of the severe data breach exposures they face. Any business not making…Read More

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