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    Fraud & Cyber Security | . Less a minute

    15 Binge-Worthy Stats You Need to Know About Cyber Breaches

    Since the advent of the internet, cyber attacks and data breaches have become one of the biggest threats to businesses, and the most valuable currency is customer data. Cyber criminals have become some of the most sophisticated and stealthy offenders, simply because they can act covertly from anywhere with an internet connection.

    In the world of sensitive customer records and data, virtually all consumer and company data is prized by hackers and worth protecting for your business. The potential impact to one’s business, for some, could make it nearly impossible to recover from a cyber attack. Having just one breach incident occur can mean the difference from running your business one day to closing shop the next.

    Infographic_Cyber-Crimes-Part-1_PROOF

    As breaches become more common and destructive, organizations are still perplexed about coverage and, ultimately, uncertain about cyber insurance being a necessity. In this era of increasing regulation and public awareness of data security risks, you don’t want to risk critical information falling into the wrong hands. Every business should consider their exposure level in the event that sensitive data is compromised, and cyber security needs to be a top priority.

    Cybersecurity Checklist 2021

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    Fraud & Cyber Security

    Brett Morgan

    Brett Morgan specializes in alternative risk transfer programs, professional liability, Directors & Officers liability, and employment issues centered on protecting clients’ assets. He has an extensive background in understanding property exposures and a customer’s business processes. Brett has taught various seminars on business interruption, protecting your company while conducting business in foreign countries, and protecting your client’s internal controls from theft.

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