Last year’s six cyber predictions were more on target than not in a year that ended up being unpredictable in many ways. Cyberattacks continued to pose a threat to insureds and insurers, as hackers matured, ransom payments increased, and the cyber insurance market continued to change. Looking at the cybersecurity environment, the predictions outlined will help organizations be prepared for what lies ahead.
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No matter where you are in your life’s journey, there’s an element of risk to plan for to protect your assets. Blake Panosh, Baird’s Manager of Insurance & Annuities, covers common insurance planning misconceptions, as well as who should consider insurance planning and how to get started.
The growth and adoption of secure digital identity systems, including digital health status systems containing health records, could provide a uniform and reliable response to calls for health credential verification. Regardless of their origins, digital identity systems will have little success gaining public confidence and widespread acceptance unless they are designed with, at a minimum, the three pillars of trust, user-centricity, and data privacy and security in mind.
When it comes to protecting your family and home against storms, planning and maintenance goes a long way. There's a lot you can do to prepare your home for hurricane season, and these top tips will help you address the most common vulnerabilities.
All modern vehicles are vulnerable to cyberattacks; particularly as “smart cars” become more prevalent, hackers have greater opportunities to penetrate, control, and steal information from vehicle systems. Learn about the types of cyber attacks that are prevalent with smart cars and what you can do to avoid them.
Remote work, IoT devices, and new technologies create risk for your personal data at home. Learn how you can mitigate these risks with this infographic.
This checklist and visual representation of a home is a helpful guide on how to protect your privacy while working from home. These simple tips can be a difference maker.
Board oversight is critical in the management of cybersecurity as a whole, but especially for ransomware, since the increase in attacks year-over-year is up as much as 715% according to a study by Cyber Florida at the University of South Florida. If it isn’t already, cybersecurity should be on your board agenda at every meeting. As a starting point, the board needs to understand the layers of defense available to mitigate ransomware risk and design their responses to the threats accordingly.
In this podcast, two industry experts discuss how boards’ oversight of data governance within their organizations is changing to meet the opportunities and risk in the rapidly evolving digital space in which organizations are conducting their business. The key takeaways:
Protect your organization against cybersecurity. Be cyber smart and learn more about combatting ransomware in the time of COVID-19, how cybersecurity continues to be a top issue for retirement plans, and how to assess the gaps in your cyber coverage and reduce your exposure.