Berkley Financial Specialists News

Financial Institutions Exposed to Growing Litigation There are a growing number of allegations and settlements regarding website accessibility among organizations, of which financial institutions are not exempt, with some including actual lawsuits and others seeking settlements. The exposure grows from ensuring websites are accessible per Web Content Accessibility Guidelines (WCGA) to a wide range of […]

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National Preparedness Month September is recognized as National Preparedness Month, serving as a reminder to take action now and throughout the year for emergencies that can affect us. For financial institutions, this is a great time to begin reviewing a business continuity plan, emergency response plan, or take a risk assessment to understand exposures to your […]

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Preparation Is Key to Reducing Breach Impact According to a recent report from IBM and Ponemon Institute, summarized in an article on itwire.com, the average cost of a data breach is now US$4 million, up 29% from in 2015. The “2016 Cost of a Data Breach Study: Global Analysis” from IBM and Ponemon Institute was based on […]

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Traveler Beware While the Olympics are already under scrutiny for Zika, political unrest, the Olympic Park and increased street crime, the threat to travelers posed by technology should not be overlooked.  Popular sporting events are a target for attacks, and while the Olympics had always been minor in comparison to other events, since 2014 the interest has […]

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The Risks of Connecting to the World  In the first two parts of mobile device fraud, risks associated with physical and communication exposures were reviewed. In this final portion, connectivity risks will be explored and risk management tips offered to help mitigate exposures. The nature of technology today allows devices to connect through multiple networks, systems […]

The post Mobile Devices: Protect and Defend – Part 3 appeared first on Berkley FinSecure.

Don’t Share Private Information Unintentionally Calls, video chats, e-mails, and text messages can be a source of compromise on your mobile device. Scammers and hackers are fluent in using these features of your mobile device to steal information, and even coax the user into providing information. Eavesdropping is the least technical way that thieves can […]

The post Mobile Devices: Protect and Defend – Part 2 appeared first on Berkley FinSecure.

Stay in Touch With Injured Employees When employees are injured on the job, the “fear factor” can cause a lot of unnecessary anxiety from unpaid medical bills or uncertainty about their job security.  Staying in touch with your injured workers doesn’t require any special skill or medical knowledge.  Just calling to express concern can go […]

The post The Human Touch Improves Return-To-Work Results appeared first on Berkley FinSecure.

Introducing CYBER Carry*Thru™ Berkley FinSecure, a W. R. Berkley Company®, announced today that its Management Liability policyholders with the Electronic Banking option now have complimentary access to CYBER Carry*Thru™, powered by NetDiligence®. CYBER Carry*Thru is a private mobile-friendly portal containing information and technical resources that can assist Berkley FinSecure’s customers in the prevention of network, […]

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Mobile Devices Are Indispensable  They provide flexibility and allow connection, but also pose a security risk for financial institutions. Tablets and smartphones provide a gateway to sensitive information like documents, systems, email, contact information, customer data and records, financials, social media and calendars. Scam artists want access to corporate and personal accounts, competitors want trade […]

The post Mobile Devices: Protect and Defend – Part 1 appeared first on Berkley FinSecure.