Tag Archives: Cyber Crime

Is Your Business Insured Against Data Breaches?

Is Your Business Insured Against Data BreachesNational Cyber Security Awareness Month Puts Focus on Cyber Threats

At Axis Insurance Services, LLC, one of our top priorities is to work with clients to make sure they fully understand the threats they face in the digital age… and this goes for all clients across all industries. Whether you’re a small business, tech company, retail operation, hotel chain, medical facility, municipality, nonprofit, or large publicly traded corporation, your …

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Study: Cyber Crime By Criminal Insiders and Employees on the Rise

Study Cyber Crime By Criminal Insiders and Employees on the RiseInsider Threats Pose Challenges for IT

A study released by the Ponemon Institute in February reveals that insider threat has become more of a challenge for IT professionals at companies throughout the U.S. And, although the number of employee-related incidents of fraud continues to remain high, only 44% of those surveyed say their organization views the prevention of insider fraud as a top security priority.

Adding to this insider risk …

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The Focus is on Cyber Insurance As Smaller Businesses Become Targets

The Focus is on Cyber Insurance As Smaller Businesses Become TargetsThe Focus is on Cyber Insurance As Smaller Businesses Become Targets

Increasingly more and more companies are looking to purchase Cyber Liability insurance as we see a broader scope of industries being exposed to data breaches, increased regulations and smaller businesses as targets. This is reflected by the rise in the number of insurers offering the coverage to address an increased demand. In fact, standalone Cyber insurance is now a …

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Cyber Risk: Protecting Data in the Cloud

Cyber Risk: Protecting Data in the CloudCyber Risks: Protecting Data in the Cloud

The widespread use of cloud computing by both corporations and individuals and the increase use of cloud services, such as Google Docs, Dropbox, and SkyDrive, among employees has made it increasingly harder for organizations to keep and have control of their data. A company’s intellectual property can now well be stored on Google, Microsoft, and other cloud-based systems as well as third parties …

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Cyber Liability: Causes of Data Losses

Cyber Liability: Causes of Data LossesCyber Liability: Causes of Data Losses

A study conducted by NetDiligence®, a cyber risk assessment and data breach services company, on cyber liability and data insurance claims for incidents occurring between 2005 and 2010 within a variety of industries, including the airlines, consulting, education, financial services, retail, manufacturing, information technology, and healthcare sectors, looked at the type of data exposed, what caused the loss, and which business sector suffered the …

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