The Cyber Risk

Critical Infrastructure at risk for a Cyberattack

Critical infrastructure and services are systems which keep life livable from canal systems in ancient times allowing drinking water to flow in Babylonian cities to gas to heat homes on an island in Rhode Island. They are systems that cover energy, communications,...

Cyber Safe Travel

Reservations made. Bags packed. Tickets printed. You even remembered to pack all of your chargers. You are all set to travel. As you head out the door, you make sure the stove is off as well as windows and doors are locked. You have made your house secure. You have...

Protect Your Business from Tax Fraud

Tax Fraud via Cybercrime   Do you know how to protect your business from tax fraud? The deadline for filing taxes in the US is April 15. As many businesses and individuals scramble to meet the filing deadline, the cybercriminals are taking advantage of this...

What is cyber insurance?

Does your business need cyber insurance? Quick Answer: Yes.   Technology is essential in healthcare today with the role continuing to grow in the future as IoT and AI expand. As more technology is used and more information is transmitted over the Internet, the...

You are the weakest link in your own cybersecurity through social engineering

Do any of these questions sound familiar to you: - What was your first car? - Where did you go to high school? - What is your favorite food? - What was the name of your first pet? They are common security questions used by organizations to make sure you are who you...
Healthcare Cyber Incident Response Plan

Healthcare Cyber Incident Response Plan

An incident response plan is an organized method for preparing and managing a security breach or cyber attack. The goal is to handle the circumstance in a way that limits damage and reduces recovery time and costs. There are six sequences in an incident response plan:...

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Top 3 Cybersecurity Must Haves

Top 3 Cybersecurity Must Haves

When you own something, you want to protect it, right? That's why you lock your dwelling or car. You take good care of something you value like a new smartphone or new outerwear. Do you do the same for your personal information or data online? You need to start...

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Get in the know about cyber risk.

Digital Risk

Social Media Crisis Communications: Preparing for, Preventing, and Surviving a Public Relations #Fail

The original social media crisis communications bookby Ann Marie van den Hurk, gives you a crisis communications blueprint that’s fast, flexible, realistic, complete, and doable. You’ll learn how to build a crisis communications plan from the ground up then integrate social media into it. You’ll gain insights into the new dynamics of crisis communications due to social media. You’ll be exposed to case studies showing you what to do and not to do when faced with a crisis today.


What is cyber risk?

Cyber risk is any danger of financial loss, disruption, or damage to the organization from information technology systems failure. It is a comprehensive view of the potential exposure to internal security flaws in the context of external threats. Cyber risk management develops collaboration with siloed stakeholders allowing for a better understanding of risks and responds to threats.

What's the difference between cyber risk and cybersecurity?

Cybersecurity and cyber risk are not interchangeable and have different functions. They work in conjunction with each other. 

Why should I worry about cybercrime?

It is not just the financial services firms and defense organizations; all types and sizes of organizations are at risk. Any organization which collects and stores information on customers electronically or keeps its accounts in a cloud has a cyber threat. Organizations must remain secure, vigilant, and resilient to both minimize risk and optimize new opportunities.

What is cybersecurity?

Cybersecurity is the method of securing computers and servers, mobile devices, electronic systems, networks, and data from malicious attacks. It is also known as information technology security or electronic information security. The term is broad-ranging and applies to everything from computer security to disaster recovery, and end-user education.

What is the ROI on cyber risk and cyber security?

Cyber risk and cybersecurity should be part of running a business such as insurance or accounting. Lack of attention to cyber risk and cybersecurity will cost you. How you much can you lose and keep your business operations? According to a recent study by a leading global business insurance company, the average cost of a cybercrime costs:

$14K - Small Business (1-49 employees)

$184K - Medium Business (50-299 employees)

$715K - Large Business (300-999 employees)

$551K - Enterprise (1,000+ employees)


What are the questions to ask?

There are some critical questions you need to ask your team or your information technology provider about cyber risk and cybersecurity. You can find them them here



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