cyber liability insurance

The crucial role of cyber liability insurance for your business

Cybercrime poses an increasing financial threat to individuals and businesses. According to the FBI’s Internet Crime Complaint Center annual report, cybercrime complaints more than doubled from 2018 to 2022. During the same time, losses skyrocketed from $2.7 billion to $10.3 billion.

Logistics and supply chain businesses are often targeted for cyberattacks due to the industries’ critical role in the economy. This includes freight brokers, who, as the intermediary between carriers and shippers,...

https://www.freightwaves.com/news/the-crucial-role-of-cyber-liability-insurance-for-your-business

Keep Watch for Cyberattacks this Memorial Day Weekend

Keep an eye out for cyber abnormalities through Memorial Day weekend. Such attacks are known to strike during holidays.

Graham Gonzales, Director of Strategic Accounts at Reliance Partners, joined WHAT THE TRUCK?!? to encourage all members of the supply chain to ramp up their security efforts as pulling off a cyberattack is easier than you may think during a holiday weekend.

“Now’s a great time for a cyberattack to happen, unfortunately, because there’s less staff and fewer systems that can...

https://www.freightwaves.com/news/keep-watch-for-cyberattacks-this-memorial-day-weekend

Time is of the essence after ransomware attack

Logistics companies have done what they can to protect their employees from COVID-19, but has this shifted focus away from safeguarding other areas of operation? With many workforces continuing to work away from the office, company data may be at a higher risk of a ransomware attack.

If you’re unfamiliar with ransomware, consider yourself lucky. Ransomware is a form of malware that encrypts a victim’s files. Attackers usually hold company information hostage and demand victims pay a ransom in...

https://s29755.pcdn.co/news/time-is-of-the-essence-after-ransomware-attack

It’s only a matter of time before your business will suffer a cyber-attack

The emergence of freight-tech has transformed the transportation and logistics landscape. Everything from freight matching platforms to electronic logging devices (ELDs), transportation management systems (TMS) to driver check-in processes have “gone digital” in recent years. 

Paper documentation and physical transactions are becoming increasingly less prevalent in an industry reliant upon reliable systems of record-keeping. 

The idea of ditching the filing cabinet for a cloud-based solution to...

https://s29755.pcdn.co/news/its-only-a-matter-of-time-before-your-business-will-suffer-a-cyber-attack