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CISA (The Cybersecurity and Infrastructure Security Agency) is warning organizations that Russia’s invasion of Ukraine could include malicious cyber activity against the U.S. and stated that “evolving intelligence indicates that the Russian Government is exploring options for potential cyberattacks.”

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Cryptocurrency holdings targeted by HubSpot hackers On March 18, 2022, HubSpot discovered that a bad actor, using a compromised HubSpot employee account, breached almost 30 portals of its clients. The attack seems to have been targeted at HubSpot customers in the cryptocurrency industry.  The companies affected by the breach have said their operations were not affected and they have […]

The past year has been overwhelming in many ways, but cyber threats really took off and became a primary concern for all businesses, no matter the size. The 2022 Verizon Data Breach Investigations Report (DBIR) summarizes four key paths, all of which pervasive and should be a focus for organizations: Credentials, Phishing, Exploiting vulnerabilities, and Botnets. […]

As you may know, the cyber insurance market has been hardening due to the recent increase in threats, specifically ransomware attacks. In order to stem losses, insurance carriers  are increasing technical requirements and raising premiums. According to a senior analyst at Forrester, premiums grew 18% in Q1 of 2021 then up to 34% Q4 of […]

In today’s digital age, war also means cyber-war.  Russia’s invasion of Ukraine is likely to result in a multitude of cyber-attacks and many cyber coverage battles. Email attacks from Russia are already on a surge and carriers are carefully looking over their coverage and preparing for this cyber-war. “War exclusion” or “hostile act exclusion” generally […]

CISA (The Cybersecurity and Infrastructure Security Agency) is warning organizations that Russia’s invasion of Ukraine could include malicious cyber activity against the U.S. and stated that “evolving intelligence indicates that the Russian Government is exploring options for potential cyberattacks”.  CISA asks that organizations report any malicious cyber activity. Additionally, during this time, every organization should adopt […]

As cyber losses increase and negatively impact insurance carriers and their loss ratio, Lloyd’s of London is proposing to exclude certain coverage from their cyber-insurance policies. The company stated that it will no longer cover any losses that result from “cyber -war”. Cyber-war is a cyber-operation that disrupts the activity of a state or organization. […]

As some of you may have heard, IKEA recently experienced an alleged supply chain phishing attack, BleepingComputer reports. This attack targeted internal mailboxes and there are suspicious emails being sent from compromised IKEA organizations and partners. Supply chain phishing attacks can be extremely harmful to an organization’s reputation and credibility because the suspicious emails come from […]

CISA (The Cybersecurity and Infrastructure Security Agency) is warning organizations that Russia’s invasion of Ukraine could include malicious cyber activity against the U.S. and stated that “evolving intelligence indicates that the Russian Government is exploring options for potential cyberattacks.”

Managed Service Providers  (MSPs) are highly attractive to small and medium sized business as they often face lack of funding, quickly changing technologies, increased requirements, and lack of IT trained employees. From a security standpoint, MSPs can greatly benefit these businesses. However, MSPs are not only attracting new clients. Over the past year, as many […]

When the time comes to renew your tech E&O and cyber insurance, be sure to be sitting down when you receive your renewal terms. When it comes to insuring Managed Service Providers, carriers are taking their gloves off. Over the past 18 months, events like Solar Winds, Kaseya, and Microsoft Exchange, have heightened the concern […]