Thought Category: Security & Risk Management

How hackers hurt employees, too

Now is an excellent time to institute and improve the security training of your employees. The seemingly nonstop rash of hacking attacks has made the general public much more aware of the potential damage caused by cyberattacks, not just to companies but to individuals as well. Ferry systems, meat processors, medical facilities and pipelines have …

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Got a teen? This will scare you.

A high school junior in Florida shut down Internet access for all 145 Pinellas County schools with help from a man he met on-line. The 17-year-old was charged with a felony computer crime and expelled. In an interview with the Tampa Bay Times, the youth said he “instantly” regretted his actions and even tried to …

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Cyber insurance rates are rising

You can expect costs for cyber insurance to jump sharply as ransomware attacks continue. “The cyber insurance market could double over the next three to four years, and 2021 rates could rise as much as 50percent higher,” according to Marsh, a leading insurance broker. In addition to high-profile companies like Colonial Pipeline, hackers target many …

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More tips on increasing security

Training employees on computer security is only one important step toward improving your defences against cyberattacks. The Journal of Accountancy had numerous tips on other smart preventive actions to increase security in offices and workplaces. Here are four: Consider encrypting email. Replace old computers, which are more vulnerable to cyberattacks. Use cloud computing, which often …

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