News - Tools & Intel | CRC Group
Preparing Clients Against the Impact of Cyberattacks

Preparing Clients Against the Impact of Cyberattacks

Week after week, hackers and cybercriminals launch new phishing campaigns, develop creative digital extortion threats, and expand scams with the potential to negatively impact business operations in a big way. Cyberattacks can halt online operations in only minutes and take weeks to resolve. In addition, a cyberattack that involves the loss of customer data can result in expensive litigation that seriously impacts a company’s bottom line.

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Rising Social Engineering Crimes Changing Cyber Coverage

Rising Social Engineering Crimes Changing Cyber Coverage

Internet-based crime shows no sign of letting up. According to the FBI’s Internet Crime Complaint Center, 2019 saw both the highest number of cybercrime complaints and the biggest monetary losses reported since the center’s establishment in 2000. The FBI received an average of almost 1,300 complaints each day and documented more than $3.5 billion in losses for individual and business victims.

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Biometric Data Risks: Keep Eyes on Coverage Gaps

Biometric Data Risks: Keep Eyes on Coverage Gaps

A growing number of organizations are using biometric data, such as fingerprints and retinal scans, as a convenient way to improve security. From touchpads that unlock smartphones and computers, to scanners providing access to places of business, biometric data seems to be a fast, easy and secure way to authenticate individuals and unlock access.

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Working Remotely Due to COVID-19? Cyber Coverage May Apply to Unexpected BI

Working Remotely Due to COVID-19? Cyber Coverage May Apply to Unexpected BI

As COVID-19 continues to spread across the U.S., organizations and businesses are taking seriously their responsibility to facilitate social distancing as we attempt to slow the spread of the virus. While there are many benefits to working remotely in the current situation, remote work can place greater strain on IT systems and increase cyber risks. Both employers and employees need to take action to protect themselves and business continuity. Remote work isn’t a new concept and is considered the norm within many organizations. However, some businesses have never needed or utilized large-scale work-at-home plans prior to the current pandemic, and may not be aware of their cyber vulnerabilities.

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To Improve Data Breach Response, Follow These Steps

To Improve Data Breach Response, Follow These Steps

The value of insurance and risk management often comes into sharp focus when a loss occurs. This is especially true of cyber risks such as data breaches.

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