Jon Edwards

Recent Posts

3 Types of Employees that Expose Organizations to Cyber Risk

Posted by Jon Edwards on Jun 6, 2017 11:12:23 AM

When most businesses think cyber crime, they imagine brute force threats from foreign agents or highly advanced hacker teams. Executives tend to think that external forces well beyond their control make up the vast majority of security loopholes.

Read More

Topics: Cyber Breach, Cyber Risk, Cyber Risk Mitigation, Cyber Security, Phishing Scam

Trump’s Cybersecurity Exec Order: Businesses Should Follow the Lead

Posted by Jon Edwards on May 17, 2017 3:02:30 PM

What does the new order do?

On May 11th 2017, President Trump issued the new, signed cybersecurity executive order that demands each federal agency and department head will be held accountable for cybersecurity risk to their enterprises; an initiative to better protect the federal government's critical data and systems. It outlines the cyber-risk reporting requirements that they must adhere to and names the framework that they'll use as the standard.

Read More

Topics: Cyber Risk, Cyber Risk Mitigation, Cyber Security

9 Important and Surprising Trends in Cyber Security

Posted by Jon Edwards on May 2, 2017 3:58:00 PM

The cyber security world evolves at a breakneck pace. For those not following closely, new developments can be unexpected and downright scary.

Read More

Topics: Cyber Liability, Cyber Risk, Cyber Risk Mitigation, Cyber Security, cyber attacks

Newark, NJ City Computers Struck By Ransomware Attack

Posted by Jon Edwards on Apr 25, 2017 2:06:29 PM

 

Multiple sources reported yesterday that hackers encrypted files on computers belonging to the city of Newark and have demanded $30,000 worth of Bitcoin to restore them.

Read More

Topics: Cyber Breach, Cyber Insurance, Cyber Security, Ransomware, cyber attacks

6 Strategies to Mitigate Cyber Risk in the Healthcare Sector

Posted by Jon Edwards on Apr 18, 2017 1:48:19 PM

 

The healthcare sector is without a doubt one of the most targeted industries for cyber hackers. Different industries have different types and degrees of cyber risk exposure. But hackers and malicious campaigns take aim at the healthcare sector in particular due to the private nature and black market value of the data.

 

Read More

Topics: Cyber Breach, Cyber Liability, Cyber Risk, Healthcare, Healthcare Data Breach, Healthcare Risk Management, cyber attacks

Should You Pay Ransomware? No. Do These 6 Things Instead

Posted by Jon Edwards on Apr 3, 2017 11:06:10 AM

Ransomware strikes. Your critical data files have been encrypted and your business grinds to a halt.

Do you

a) spend countless hours rebuilding from backups (if you were diligent enough to ensure they'll work) or

b) pay the perpetrator to unlock your files?

Now that ransomware is spreading like wildfire through malicious emails, "malvertising" campaigns, and exploit kits, many firms and individuals face this exact scenario.

Read More

Topics: Cyber Risk, Cyber Security, Ransomware, Risk Management Blog

4 Ways to Evaluate and Mitigate Your Company's Cyber Risk

Posted by Jon Edwards on Mar 28, 2017 9:53:44 AM

Globalization and dependence on the internet for data storage over the past decade has exposed companies to a whole new set of risks. As this trend continues, so too does the risk associated with breaches of domestic or international servers. Massive data breaches happen with alarming frequency. In the past few years, there have been several high profile attacks

Read More

Topics: Cyber Breach, Cyber Insurance, Cyber Liability, Cyber Risk, Cyber Risk Mitigation, cyber attacks

6 Ways to Teach Your Employees to Safeguard Your Data

Posted by Jon Edwards on Mar 21, 2017 1:10:28 PM

This is an actual picture I took in a café of an unattended pile of documents marked “Confidential.” It blew my mind. If only this employee’s C.E.O. or C.O.O. could see this obvious disregard for the material’s confidentiality. Anyone could have grabbed the documents, peaked at the data, or… snapped a photo.

Read More

Topics: Cyber Liability, Cyber Risk, Cyber Risk Mitigation, Data Breach, cyber attacks

6 Cyber Attacks that Caused Property Damage

Posted by Jon Edwards on Mar 14, 2017 12:33:22 PM

You’ve heard of cyber attacks causing customer data breaches, business interruptions, reputation management issues, and public relations nightmares – but what about physical damage?

Read More

Topics: Cyber Insurance, Cyber Risk, cyber attacks

3 Things Small Firms Should Do Before Shopping for Cyber Insurance

Posted by Jon Edwards on Mar 7, 2017 9:47:44 AM

 

Cyber risk continues to evolve at a breakneck pace.

Insurers are working to keep up by customizing policies and endorsements based on the size and business model of the insured. At last week’s third annual International Cyber Risk Management Conference, Matthew Davies, Assistant Vice President of Chubb Insurance Company of Canada, outlined a few key points on what cyber security practices a small organization to already have in place when looking to procure cyber insurance.

Read More

Topics: Cyber Insurance, Cyber Liability, Cyber Risk, Cyber Risk Mitigation, Cyber Security

The ALS Group

Risk Management Blog

We manage more than a quarter billion dollars of premiums for a diverse range of clients around the globe. 

Our areas of expertise include:

  • Enterprise Risk Management (ERM)
  • Cyber Security & Cyber Liability Insurance
  • Construction Management
  • Customized Risk Management Assessments (RMAs)

Subscribe to Email Updates

Posts by Topic

see all