Types of COVID-19 Phishing Scams That Are Circulating Right Now

Posted by The ALS Group on Apr 13, 2020 4:24:14 PM

As a follow up to our previous article on the subject of Cyber Security During a Pandemic, we thought we’d share with you some of the topics used in phishing scams, so that you are better prepared, should you become the target of one.

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Topics: Cyber Risk, Cyber Security, Data Breach, Phishing Scam, COVID-19, risk management consultant

4 Cyber Security Tips for Businesses with Remote Workers

Posted by Jon Edwards on Apr 7, 2020 12:36:39 PM

Most companies have been forced to quickly implement a remote work solution that suited essential employees or even the entire firm’s staff. This has exposed many companies network to new risks as everyone has a different set up at home. Some are using MACs, some using PCs, some have outdated operating systems and software while others are already infected with viruses or malware. 

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Topics: Cyber Risk, Cyber Security, cyber attacks, COVID-19, remote work, work from home

Cyber Risk Preparedness

Posted by The ALS Group on Jul 16, 2019 9:49:55 AM

Given the widespread awareness of Cyber Risk and the increasing trend for companies to consider insurance around this exposure, a company’s preparedness for a Cyber risk related event should be a part of their risk management plan.  Unfortunately, for most organizations, this part of the plan has not been matured. That’s a mistake…

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Topics: Crisis Risk Management, Cyber Breach, Cyber Insurance, Cyber Risk, cyber attacks

Allianz Risk Barometer – A “gut check” on how top 10 risks can impact you….

Posted by The ALS Group on Jun 4, 2019 11:56:20 AM

For the last several years Allianz has published a concise and informative report on the top risks that businesses face globally. It is a great opportunity to think about how these risks could affect your business operations and what the impact would be. When thinking about risk, it is important to think about "materiality" and what "financial impact" would be material for your company to cause a disruption. Even through many of the risks on this year’s report are readily insurable, the "disruption factor" of having to manage through a loss is worth considering.

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Topics: Cyber Risk, Property Risk, Risk Identification, Supply Chain Risk

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.

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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 cyber security executive order that demands each federal agency and department head will be held accountable for cyber security 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.

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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.

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

 

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

Customer Identity Theft: Implications & Prevention Measures

Posted by Albert Sica on Apr 11, 2017 4:05:17 PM

 

Identity theft is the fastest growing crime in the United States. Each year, more than 15 million Americans fall victim. It’s also the number one consumer complaint received by the Federal Trade Commission.

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Topics: Cyber Insurance, Cyber Risk, Cyber Risk Mitigation

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.

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

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)

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