Cyber Liability Insurance

What is Cyber Liability Insurance? Cyber Liability Insurance is a type of insurance that protects businesses and individuals from the financial risks associated with cyber attacks, data breaches, and other cyber-related incidents. This insurance coverage helps to mitigate the costs of responding to and recovering from cyber threats, such as hacking, malware, phishing, and ransomware […]

Phishing Payroll Breach – Cyber liability insurance

Phishing Payroll Breach is a type of cyber attack where hackers trick employees into divulging sensitive payroll information, such as bank account details or login credentials, allowing them to redirect salary payments to their own accounts. How it happens: 1. Phishing email: Employees receive a seemingly legitimate email, often impersonating a manager or HR personnel, […]