Cyber Security – a Critical Issue for All Financial Institutions

We’ve been reading some interesting articles lately about cyber security and protecting information.  Not only are our businesses and organizations susceptible to attack but, of course, we each have a stake in protecting our own personal information as well.

The following articles might help you and your financial institution clients start or continue a conversation on cyber protection; please feel free to share the links with your clients.

  • Keeping Client Data Safe – While the audience is financial planners, the advice is universal, especially as more and more FI’s have devices “somewhere out there” – and we know passwords are inadequate. 
  • Reusing Passwords – Starwood Hotels was recently hacked and the only accounts that were identified in the hack were those where re-use occurred; same usernames and password combinations, and that can be found here:
  • Five Simple Steps to Stay Protected – Sophos published the following in October noting the simplest ways “small” businesses can stay protected. Be sure to watch the short video on creating passwords, it is good advice for all of us. 

Berkley FinSecure can help mitigate losses if a financial institution client suffers a loss as a result of a cyber-security breach.  Contact your regional executive listed below for more information.

Contact Us Today!
                  
VP Sales and Distribution
Jon Martin 410-372-6325
 
Northeast Region
Jeanne Shrum 207-415-4587
 
Mid-Atlantic and South Regions
Dave Cassel 443-987-8619
 
Southeast Coastal Region
Bill Groves 804-836-0993
 
Midwest Region
Chuck Cook 913-553-8559
 
West Region
Scott Harris 512-800-5393
 
 
 
Experts focused on your protection.
We deliver.

 

Products and services are provided by one or more insurance company subsidiaries of W. R. Berkley Corporation. Not all products and services are available in every jurisdiction, and the precise coverage afforded by any insurer is subject to the actual terms and conditions of the policies as issued. Certain coverages may be provided through surplus lines insurance company subsidiaries of W. R. Berkley Corporation through licensed surplus lines brokers. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds.

 

For additional information concerning W.R. Berkley Corporation’s insurance company subsidiaries, please visit: http://wrbc.info/Licensing/License.htm 

The post Cyber Security – a Critical Issue for All Financial Institutions appeared first on Berkley FinSecure.

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