Preheader

 

Home Page Facebook Twitter LinkedIn YouTube Blog RSS Feed Header

Auto Insurance Homeowners Insurance Business Insurance Life and Health Insurance Post Header Line

InternetSmall business exposure to Cyber risk is increasing, as is the need for Cyber Risk Insurance.  The Zeus malware is a good example, and has been busily infecting computers and stealing the bank account access information of unsuspecting victims.

What is Zeus?  Zeus is a computer program used by criminal hackers to steal information.  It monitors the keystrokes and screens of unsuspecting victims, and sends the information to hackers.  Hackers can then use the information to steal money out of victims bank accounts.  One way hackers get the virus onto victims computers is through bogus emails, such as bogus LinkedIn invitations.  The Zeus software has even infected computers of the hacktivism group Anonymous.

Two escrow company thefts demonstrate how devastating the attacks can be.  One escrow company had $440,000 wired to Cyprus from its accounts, and the other lost $465,000 in a series of 26 wire transfers.

Cyber Risk insurance coverage provides protection from various risks associated with technology, including data breaches.  Policy forms are not all the same, and most do not cover loss of money.  Cyber Risk insurance is easy to obtain, provides broad protection and is inexpensive.  

For more information about Cyber Risk Insurance, contact Insurance Planning Service today by calling 800-220-5582 or use our
online contact form today!

Article Source: Specialty Insurance Blog

Share |


NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
HAPPY 4th of JULY!

Citizens Insurance
Grange Insurance
Hagerty
Hastings Mutual
Michigan Insurance Company
Philadelphia Insurance Companies
Get A Quote
 
       

Home   About Us   Contact   Blog   Partners   Privacy Policy


Lighthouse Group Main Office in Grand Rapids, MI
Mailing Address | P.O. Box 530009, Livonia, MI 48153

Phone: 734.421.9900 | Toll Free: 800.220.5582 | Fax: 734.421.9911

Also serving these Detroit area communities in Michigan: Livonia, Farmington Hills, Ann Arbor, Southfield, Plymouth, Canton, Westland, Northville, Novi, Dearborn, South Lyon & Walled Lake