by American Public Entity | Jul 19, 2023 | Blog, Commerical Insurance, Insurance, Safety
Cyber insurance provides robust financial protection to businesses if they incur a data breach and is an essential part of any risk management plan, according to a video released by the Insurance Information Institute.* Cyberattacks and data breach-caused losses are...
by American Public Entity | Jun 21, 2023 | Insurance, Safety
Operating a business is always a risk, and if you are in the business of providing professional advice and services, some errors could cost your business. Having errors and omissions (E&O) insurance could help protect the business you have worked so hard to build....
by American Public Entity | Jan 24, 2023 | Blog, Safety
Cyber insurance claims are up 100% YoY and cyber insurance premiums are up 76%. In a rapidly evolving world of cybersecurity threats, what can businesses do to protect themselves? Acrisure Cyber Services President Bill Meara breaks down the answer in a recent...
by American Public Entity | Dec 19, 2022 | Blog, Cybercrime, Safety
2022 saw an increase in ransomware attacks, where data is encrypted and held for ransom. And these attacks are no longer limited to single bad actors hacking from their basement. It has become a criminal enterprise, with the average cost of a ransomware payment at...
by American Public Entity | Oct 19, 2022 | Blog, Cybercrime, Safety
Did you know the average cost of a ransomware payment is $570k? Organizations of all sizes are concerned about cyber risk, with both cyberattacks – and costs – on the rise. Global cyberattacks on businesses increased 50% in 2021. Acrisure Cyber Services will be...
by American Public Entity | Aug 15, 2022 | Insurance, Safety
Hurricanes and tropical cyclones are among the deadliest and most damaging events – the total cost for weather and climate disasters in 2021 was $145 billion, according to the National Oceanic and Atmospheric Administration. Acrisure Re’s 2022 Pre-Season Hurricane...