Within the last few years, more businesses have started to transition to digital technologies, which can leave companies vulnerable to cyber attacks. These types of attacks can result in data breaches, financial losses, and damage to a company's reputation, so knowing...
Cyber Insurance
Can Hackers Really Cause Commercial Property Damage?
We've devoted a lot of attention to informing businesses about how to prevent a cyber attack. When addressing phishing prevention, malware, and ransomeware along with companywide roles and responsibilities the focus is always on the risk of leaked data and sensitive...
Is MFA Enough to Protect Against Cyber Threats in 2022-23?
Multi-factor authentication (MFA) is a cyber security protocol that requires users to provide two or more verification factors to gain access to a device, software application, online account, or other digital resource. With MFA "installed" it will ensure that devices...
Important Cyber Security Update for Your Business
2021 was the worst year on record for cyber attacks on Canadian companies. Businesses and IT experts alike thought it couldn't get worse after, in 2020, it was reported that 78 percent of Canadian organizations experienced at least one cyberattack within a 12-month...
Still Working from Home? Your Go-To Insurance Guide
For many of us, "temporary" working arrangements triggered by the pandemic have morphed into a permanent commute in our slippers. Stats Canada reports that 30% of the workforce works from home (WFH). This number is higher for many, with 45% of dual-income households...
Cyber Insurance. You Don’t Think You Need It . . . Until You Do
Info-security experts all agree on one thing—it’s been a fantastic year—for cyber attackers. Some of the notorious breaches that hit the headlines recently include LifeLabs, Desjardins and Equifax. Despite the media grabbing headlines, it is estimated that 75% of...