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Sparks Insurance, Inc. Blog: cyber safety

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The number of people affected by data breaches has reached unprecedented levels. Now, with the peak of the tax season, identity thieves are especially eager to cash in on others’ personal information. Millions of compromised personal records READ MORE >>

In the last few days, news reports on the Cambridge Analytica scandal have served as an unsettling reminder to Facebook users of the scope of the social media network's data collection efforts, not to mention the challenges inherent in keeping all that private info secure. READ MORE >>

Cyber hacks are on the rise, cyber criminals are getting smarter and more daring, and there’s seemingly no end in sight. Over 50% of U.S. businesses have experienced a cyber attack in the last 12 months and the costs associated with these breaches can cripple a business if it doesn’t have a cyber insurance policy. READ MORE >>

Internet-controlled tools, equipment, furniture and electronics are becoming the new norm for businesses looking for ways to increase productivity. Often referred to as the internet of things (IoT), this new level of connectivity can also prove dangerous to business owners who rely on constant connectivity to function. READ MORE >>

In Alaska, beasts come in the form of enormous, long-haired, silver salmon-mongering grizzly bears. Recently, while cleaning freshly caught silver salmon creek-side, a hungry grizzly bear appeared. We were not above fleeing to the safety of the garage to finish fileting salmon. READ MORE >>

Big companies like Target, Yahoo and Equifax are typically the unhappy recipients of big news coverage following data disasters. This is not surprising, given the size of the events. At Target, credit and debit card information or contact information for approximately 40 million people was purloined, leading to the resignations of both the CEO and CIO. READ MORE >>

Half of all small and midsize businesses (SMBs) in the U.S. experienced a data breach in the past year — and 55% experienced a cyber attack. So why are so many SMBs not making cyber insurance a priority? According to the Insurance Information Institute, 34% of SMBs do not believe they will be the target of an attack, while 37% cited cost as a reason. READ MORE >>

Although cyber attacks are becoming more of a certainty than a possibility, there are still numerous companies and organizations that are not purchasing cyber insurance. In addition, many are not taking proactive measures to protect data such as updating software programs and installing security updates in a timely manner. READ MORE >>

This year’s top six cyber risks for businesses, according to The Chertoff Group principal Adam Isles, include: increase in destructive attacks targeting industrial control systems; expansion of IoT as a threat vector; evolution in nation-state activity tradecraft, advances in identity s... READ MORE >>

Almost 50 million Americans travel over the holidays. Before you order your turkey and book those plane tickets, take these easy privacy precautions to assure a festive trip and stress-free travel. Get a mobile VPN When you travel, you’ll find ample opportunity to connect to public WiFi hotspots in cafes, hotels, airports, and even on airplanes. READ MORE >>

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