In the face of the cloud, cyber insurance is evolving

In the face of the cloud, cyber insurance is evolving

Canadian businesses are shifting towards cloud-based systems and standardized software platforms, a move causing experts to warn that supply chain and infrastructure-related cyber breaches are expected to rise. Thankfully, however, the insurance business is poised to respond.  At a recent Insurance Brokers Association of Alberta convention held in Banff, the growing cyber risks organizations face…

Tis the season for holiday scams

‘Tis the season … for holiday scams

While most of us are gearing up for relaxing time spent with friends and family, unfortunately there is another faction prepping for something far less warmhearted. The inevitable holiday rush, including sales like Black Friday and Cyber Monday, combined with gift shopping, travel planning, charity donations, and more, creates the perfect storm of opportunity for…

Cyber Insurance Can Save Your Business

Five arguments for cyber insurance

Cybercrime is a major threat to Canadian businesses, and companies are concerned. Statistics Canada’s recently released results of their 2021 Canadian Survey of Cyber Security and Cybercrime reveal cyber concerns are top of mind for many.  Key findings from the report include: 18% of Canadian businesses were impacted by cyber security incidents in 2021, compared…

Cyber Insurance Can Save Your Business

Recently, the University of Calgary was targeted by a serious cyberattack. Hackers locked down their systems and threatened to seize sensitive personal data and release it to the public unless a ransom was paid. In a sobering reminder of what can happen to virtually any enterprise or organization regardless of what you do to protect…