AiK2 Insurance Services’ Post

The rule changes from the SEC are going to catch many RIAs flat footed. There are simple solutions to make sure you protect your RIA. Sometimes having a third party review your current environment is the best way to sleep well. Dan Jones Mark Hurley Christopher Winn Matthew A. Swendiman, CFA Kim Collins Richard Mabbun #wealthmanagement #RIA #fiduciary #breakaway

Cyber attacks are on the rise. Are you prepared? The rate of cyber attacks on businesses has increased exponentially in the last decade. In 2020, the number of data breaches almost doubled, with 3,950 confirmed breaches against 2,103 recorded breaches in 2019. No industry is immune to cyber attacks. Large corporations, small businesses, and even individuals have been targeted. The consequences of a cyber attack can be devastating, including financial losses, reputational damage, and even legal liability. So, are you protected? https://zurl.co/AoIH

Cyber attacks are on the rise. Are you prepared? The rate of cyber attacks on businesses has increased exponentially in the last decade. In 2020, the number of data breaches almost doubled, with 3,950 confirmed breaches against 2,103 recorded breaches in 2019. No industry is immune to cyber attacks. Large corporations, small businesses, and even individuals have been targeted. The consequences of a cyber attack can be devastating, including financial losses, reputational damage, and even legal liability. So, are you protected? https://zurl.co/AoIH

Have you ever heard of a Warrantied Cyber Technology? Insurance covers unexpected events that lead to damage, while warranties cover events that are somewhat expected. You will be the target of a cyber-attack...it's not a question of IF. It's a question of WHEN. What is hashtag #CHECKLIGHT? CHECKLIGHT is a military-grade AI-based cyber technology combined with Insurance Underwriting to provide power protection against cyber losses. It is a powerful and proactive security monitoring software that detects potential threats to your network and alerts you early so attacks can't take hold, reducing the impact in the event of a breach. Want to 'test drive' CHECKLIGHT hashtag #FREE for 30 days? Ask me how.

Have you ever heard of a Warrantied Cyber Technology? Insurance covers unexpected events that lead to damage, while warranties cover events that are somewhat expected. You will be the target of a cyber-attack...it's not a question of IF. It's a question of WHEN. What is #CHECKLIGHT? CHECKLIGHT is a military-grade AI-based cyber technology combined with Insurance Underwriting to provide power protection against cyber losses. It is a powerful and proactive security monitoring software that detects potential threats to your network and alerts you early so attacks can't take hold, reducing the impact in the event of a breach. Want to 'test drive' CHECKLIGHT #FREE for 30 days? Ask me how.

Cyber Security Awareness month has to be the lowest and probably a negative return on investment. All the crap we thought we could fix by "educating" people is being used more and more by attackers. Here's a real cyber tip for October: Your users don't care about cyber security. They just want a computer that works and an inbox that isn't full of junk. If you think you're going to secure your org by "educating" your users - staff up your IR team and know your cyber insurance policy inside and out.

It is a multifacetted problem where a lot of the people creating the training programs inside organisations lack the skillset of effective educators so the training is bad or they just buy mediocre prepackaged training that consists of a slide deck and a quix. The training (I don't think awareness campaigns are effective at all) needs to be effective and is crucial to improving the resilience of staff and leaders to compromise. That doesn't just make being breached harder but also reduces the probaility of fraud risk as a second order effect.

DNA testing firm 23andMe has reached a $30M settlement with 6.4 million U.S. citizens impacted by last year’s data breach. The breach, caused by a credential stuffing attack, exposed personal information due to weak password management by customers. Despite the payout, 23andMe has denied any wrongdoing, claiming the compromised data didn’t include sensitive financial details like social security numbers or driver’s licenses. However, the incident raises crucial questions: 🔸 Can companies truly escape liability when their services are compromised due to customer errors? 🔸 Even if financial information wasn’t exposed, personal data can still be weaponized in social engineering attacks. While 23andMe is now enhancing security measures, including multi-factor authentication (MFA), this breach serves as a stark reminder that no system is immune to cyber threats. Data breaches have long-lasting consequences. As always, strong cybersecurity practices and awareness remain key. #CyberSecurity #DataBreach #23andMe #CredentialStuffing #SocialEngineering #MFASecurity #PrivacyMatters

Fraud is a real threat. Last month, it was discovered that my information had been compromised, leading to a gradual hacking of each account, from my business server to my personal bank accounts. Everything was compromised in some way or another. Despite working as an Anti-Fraud leader in the banking sector, assuming it could never happen to me was misguided. It only took one compromised account for the entire situation to unravel. Reflecting on this experience, I wanted to provide a thorough review of how we can better protect our information. -Use a password manager like LastPass, 1Password, or Bitwarden to generate and store complex passwords for each account. -Enable Two-Factor Authentication (2FA) wherever possible. Apps such as Google Authenticator, Authy, or hardware tokens provide an additional layer of security beyond passwords. -Maintain secure backups of your important data in case of ransomware attacks or hardware failures. Use services like Google Backup and Sync, iCloud Backup, or physical backups on encrypted external drives. -Stay informed about common phishing techniques, scams, and best security practices. Regularly update yourself and your team on emerging threats and how to mitigate them

⚡️1.5M Affected in Insurance Broker Breach The company claims to provide insurance and budgetary solutions to various sectors, including healthcare, education, and public organizations. In the breach notice, the company disclosed that it accesses the personal information provided by its clients to perform certain operations. Source: Cybernews ----- 🚀 Want to learn more about Cyber Security and improve your skills? → Click the "Give" button in our profile and access Exclusive Cyber Security Resources! #databreach #personalinformation #insuranceindustry