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Cybersecurity Insurance, Why You Need It and What You Need to Know Before You Get It

$3.92 million. That’s the cost of an average data breach in 2019, according to IBM’s Cost of a Data Breach Study. For small businesses, those with less than 500 employees, the cost of successful cyberattack is particularly chilling. For these types of organizations, a breach can cost more than $2.5 million on average. So, for any leader who believes his or her organization is too small to be…

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Think Before You Send

The father of a Catholic parish in Ohio recently had to explain to his parishioners how his church had lost $1.75 million. In a letter to his flock, Father Bob Stec explained what had occurred, how overnight, nearly $2 million had disappeared from their coffers.   The church had been undergoing renovations and working with a construction company. The church wired…

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Combating the Internal Threat: Using IT Auditing and Online Surveillance to Fight Data Theft

Organizations spend a fortune purchasing the latest cybersecurity firewalls and intrusion detection systems to protect against external threat actors. Yet, they often neglect one of the greatest threats to their own data: employees. A survey by Biscom highlighted the danger of employee data exfiltration. The survey found: More than 1 in 4 respondents say they…

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