Birmingham Consulting

Cyber insurance - stop guessing and start assessing! We created a Cyber Liability Calculator to help businesses estimate their potential financial impact from a cyber incident. While conducting a cyber insurance review for a client, we found this client’s insurance agent had sold them an insufficient package. This package covered less than 10% of the company’s potential financial losses in the event of a cyber attack. The insurance company didn’t know how to quantify cyber risk and this endangered the client. Try this tool to estimate your company’s potential financial losses from an incident to help you determine how much insurance you should have: https://buff.ly/3VfFEpa

Don’t take risks with your information. Let’s make you the least desirable target “on the market” for bad guys.

When was the last time you cleaned up your files? Backup old files, clear your cache, and get rid of temporary files to help boost your machine’s performance.

How Much FUD is Too Much? Let’s ensure the security discussion is about facts.   There is a lot of fear, uncertainty, and doubt (FUD) when it comes to discussions around information security – specifically cyber security: https://lnkd.in/gGRcR8yS   And decisions get made based on FUD. Sometimes they are good decisions. Sometimes, the decisions could have been better. In other words, sometimes security investments get made without all of the facts being known. As an executive, how do you know if you’re investing in the right areas to effectively manage risk and therefore have a measurable return on investment (ROI). That’s why Risk Assessments, Gap Analysis, and creating a Security Strategy are so important. If you’re wondering about the effectiveness of your security investment, let’s have a conversation: https://lnkd.in/gm3XFr7r

Thank you to Doug Sooley of Sooley's Safety Services for a great presentation for the Milton Chamber of Commerce. When it comes to information security, focus your efforts on preventing a cyber incident, rather than reacting after the fact. As we say - an ounce of information security outweighs a pound of financial loss!

We can help with vendor security risk assessments and management – let's chat! https://lnkd.in/gCTCCkgw

Do you have a list of all of the data your business shares with vendors and customers? If a supplier is hacked, could that put you at risk? Fake invoices? Email impersonation? Develop an effective and tested IRP to ensure you’re ready for a cyber event, with the help of Birmingham Consulting. buff.ly/3TzHbUV

Bill 194: Does it apply to you? Based on our understanding, unless you’re a provincial entity: no, it probably doesn’t. An excerpt from Bill 194, Strengthening Cyber Security and Building Trust in the Public Sector Act, 2024: “The Act addresses cyber security and artificial intelligence systems at public sector entities. Public sector entities are institutions within the meaning of the Freedom of Information and Protection of Privacy Act and the Municipal Freedom of Information and Protection of Privacy Act, children’s aid societies and school boards. ....Public sector entities may be required to comply with requirements respecting the use of artificial intelligence, including requirements to provide information, to develop and implement accountability frameworks and to take steps respecting risk management. In prescribed circumstances, they may be required to disclose information and ensure an individual provides oversight of the use of an artificial intelligence system. The regulations may also set technical standards respecting artificial intelligence systems.” Learn more: https://buff.ly/3zd5mmk

All of the amazing tools in the world don’t do much if there aren’t amazing people behind them. And we all know how key human oversight can be, especially to automated processes!

We have a joke at Birmingham: Safe Words Aren't Just for the Bedroom! Do you have a way to verify who is at the other end of the phone? https://lnkd.in/geAfsPfY