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4 Insurance Products for Better Risk Management

Posted on: March 23, 2018 by Signature Insurance Group

As a business owner, you already know there are many risks that your business is exposed to on a daily basis. Most businesses are covered from the most basic risks under their general liability policy. Business owners may also utilize a business owners policy for additional coverage. But even with these essential coverage options, many […] Read More

Posted in: blog Commercial Auto Cyber Liability EPLI

4 of the Most Common Cyber Attacks Against Businesses

Posted on: March 14, 2018 by Signature Insurance Group

Cyber security is a hot topic right now, and for good reason. According to the 2017 Cost of Data Breach Study, the average cost of a data breach is $3.62 million, and that number is expected to rise significantly. A study by Juniper Research estimates that the average cost of a data breach will exceed […] Read More

Posted in: blog Cyber Liability

How Companies Can Up Their Cyber Game in 2018

Posted on: January 5, 2018 by Signature Insurance Group

Happy New Year! In addition to setting your own personal New Year’s resolution, this is the perfect time to take a look at your business’s successes and failures over the past year and look ahead to the future. The world of technology is constantly changing and evolving, and the most successful businesses are the ones […] Read More

Posted in: blog Cyber Liability

What is the Difference Between Cyber Liability and E&O Insurance?

Posted on: December 7, 2017 by Signature Insurance Group

The sharp rise in major data breaches over the past few years has businesses asking how they can prevent a costly cyber attack. While it is important to review IT policies and ensure common sense measures are in place, the unfortunate truth is no cyber security strategy is fool-proof. Just ask Equifax, Target, Home Depot, […] Read More

Posted in: blog Cyber Liability

6 Ways to Secure Your Workplace Computer This Computer Security Day

Posted on: November 27, 2017 by Signature Insurance Group

It’s that time of  year again! Every November 30th serves as an important reminder for businesses around the world. Computer Security Day was first instituted in 1988—and yes, there were plenty of threats even back then to warrant this call to attention. In the ensuing decades, the online threat environment has gotten exponentially worse, costing […] Read More

Posted in: blog Cyber Liability

Proposed Regulations Warrant a Closer Look at Your Cyber Liability Insurance

Posted on: November 22, 2017 by Signature Insurance Group

Following the Equifax data breach which left 145 million consumers private information exposed, federal lawmakers are showing a renewed interest in drafting cyber security regulations. Surprisingly, the United States’ main cyber security laws still date back to 2002’s Homeland Security Act and various other bills from the 1990s, making many regulators eager to update the […] Read More

Posted in: blog Cyber Liability

Preventing Cyber Attacks Part 1: Password Do’s and Don’ts

Posted on: November 13, 2017 by Signature Insurance Group

This is the first installment in our new blog series that aims to help your business prevent cyber attacks. We all know how devastating these attacks can be, with cost estimates ranging in the hundreds of billions of dollars globally every year. No business is safe—cyber attackers target everyone from small businesses to the world’s […] Read More

Posted in: blog Cyber Liability

What Your Cyber Liability Insurance May Not Cover

Posted on: November 6, 2017 by Signature Insurance Group

Industry experts agree that cyber liability insurance is the key to surviving a cyber attack in today’s high-threat environment. With the cost of cyber attacks rising to over $450 billion per year, the potential losses are higher than ever. Meanwhile, CNBC reports that over 14 million businesses in the United States alone are at risk. […] Read More

Posted in: blog Cyber Liability

How Having the Right Cyber Liability Insurance Can Make or Break Your Business

Posted on: October 31, 2017 by Signature Insurance Group

Immediately following any major cyber attack, tantalizing headlines declare losses in the tens to hundreds of millions of dollars. Whether it’s Anthem, Equifax, or Yahoo!, the initial reported numbers are incredible yet profoundly underestimated. The staggering cost of cyber attacks has companies worldwide waking up to the dire need for cyber liability insurance to alleviate […] Read More

Posted in: blog Cyber Liability

Breaking Down the High Price Tag of Cyber Attacks

Posted on: October 27, 2017 by Signature Insurance Group

Most casual news readers did not bat an eye when headlines claimed the cyber attack on Target cost the corporate retailer a minimum of $162 million. The bigger they are, the harder they fall, right? Unfortunately, the relative cost associated with cyber attacks is just as damaging, if not more so, for small- and medium-sized […] Read More

Posted in: blog Cyber Liability