Wipfli’s Post

Did you know the average cost of a data breach is $4.24 million? 🔥 Cybercrime is on the rise, and businesses need to be protected. To my insurance buddies, what are your top tips for helping clients understand and mitigate cyber risks? #cybersecurity #insurance #riskmitigation

With the rise in #Cyber-attacks, having secure backup and recovery solutions like Dropsuite can help meet #Insurance requirements and protect your data. Discover how #CyberInsurance can safeguard your business against financial losses from cyber threats: https://ow.ly/EgSp50SA169

🔔 The CrowdStrike outage serves as a reminder of why cyber insurance is essential. Businesses affected by the system failure are already contacting their insurers, showcasing the need for coverage that includes system failure and business interruption. 📈 Estimated losses are significant, emphasizing the financial impact of such incidents. #EXLConsulting #CyberSecurity #CrowdStrike #BusinessInsurance #RiskManagement #SystemFailure

Ransomware and business email compromise remain significant factors driving cyber claims, especially for SMBs, according to insights from a recent NetDiligence® study and Shane Dilworth's story for Business Insurance. These findings align with the ongoing trends that I see in my cyberinsurance recovery practice. #Cybersecurity #CyberClaims #NetDiligenceStudy #Ransomware #BusinessEmailCompromise

Discover how our #MetaDefender Core and #Multiscanning technology revolutionizes file upload security in the insurance sector! 🛡️ By leveraging OPSWAT’s advanced solutions, this leading insurance brokerage safeguards against malware and data breaches, ensuring their clients' sensitive information remains secure. Learn more about how we’re powering their success and protecting their data every step of the way. 🚀 https://lnkd.in/dHApRM2s #Cybersecurity #Insurance #FileSecurity #MalwareProtection #DataSecurity #OPSWAT #MetaDefender #Multiscanning

Surface-level trends often miss the full scope of risks posed by sophisticated malware like QakBot. For cyber insurance professionals, understanding these deeper threats is crucial. QakBot is not just another piece of malware—it's a highly adaptable and persistent threat that continues to evolve, bypassing security measures and causing significant financial damage. From its role in facilitating ransomware attacks to its ability to spread across networks and turn devices into botnets, QakBot poses a complex challenge for businesses and insurers alike. In my latest article, I delve into: 🔍 The financial impact of QakBot on businesses 🔍 How QakBot spreads and why it's so difficult to detect 🔍 Why external indicators and layered detection are critical 🔍 Real-world examples of QakBot’s devastating effects Whether you're a technical expert or new to the cyber insurance field, understanding QakBot is essential for protecting your clients and managing risk. Stay informed. Stay vigilant. Protect and share information. #CyberSecurity #CyberInsurance #QakBot #RiskManagement #InsuranceIndustry

As cyber threats continue to evolve and pose significant risks to businesses, the demand for cyber insurance is on the rise. Insurers are expanding their cyber insurance offerings to provide comprehensive coverage against data breaches, ransomware attacks, and other cyber incidents, addressing the growing needs of businesses in the digital age. . . . #RamseyTrusted #FinancialPeace #TheIntelligentChoice #DaveRamsey #IntelliChoice #Insurance

Your cyber insurance company won’t be happy if you file a claim and they learn that you sold your old router online without the proper wiping and security procedures. Read more 👉 https://lttr.ai/AWWCL #technology #cybersecurity

In today’s rapidly evolving digital landscape, safeguarding your organization against cyber threats is paramount. As we navigate the complexities of cybercrime, USI can help advise on critical strategies to fortify your defenses and ensure comprehensive coverage. #USIOneAdvantage #cyberinsurance #cybercrime #databreach https://lnkd.in/etzQuph9

Your cyber insurance company won’t be happy if you file a claim and they learn that you sold your old router online without the proper wiping and security procedures. Read more 👉 https://lttr.ai/ARO4b #technology #cybersecurity