When looking for cyber insurance for your business, you may find it hard to navigate technology and insurance jargon. There are various types of cyber coverage; you might not be sure what you need. Plus, once you do have coverage, there is the risk of not receiving a payout in the event of an incident…
Archives for 2022
Cyber Incident Prevention Best Practices for Small Businesses
As a small business owner, you may think you are “too small” to be the target of cybercrime because you aren’t a large, multimillion-dollar company. However, this couldn’t be further from the truth. Although the media mainly focuses on attacks on big businesses, small businesses are low-hanging fruit for cybercriminals. Cybercriminals know that small businesses…
Building Trust in Business
The world has become a less trusting place. A recent study by the Edelman Trust Barometer found that trust in business, media, government, and NGOs has reached an all-time low. The study also revealed that trust levels are divided along generational lines, with millennials displaying the lowest levels of trust. This can have far-reaching consequences,…
Making a Case for SMB Agility
The last two years have been a bumpy ride for organizations globally. During this time, small and medium-sized businesses (SMBs) were hit the worst. Since most SMBs have limited resources, setbacks were much more severe for them than for big corporations with more resources. Whether your company had to shut down during the COVID-19 lockdowns…
What is Organizational Agility?
It’s hard to predict the future. Just think of all that has happened in the world in two years. From the COVID-19 pandemic to supply chain issues to inflation and war, no one could have predicted these events early enough to be adequately prepared. These challenges make it more difficult for companies to succeed and…
Cyber Insurance for Business Beginners
The COVID-19 pandemic has impacted everyone in one way or another. However, cybercriminals benefited the most from the pandemic. Cybercrime has shot up by almost 300% since the start of the pandemic. This is why you must adopt necessary measures to protect your business from malicious cyber players. One of these measures is to have…
12 Password Best Practices
With the business world heavily reliant on digitalization currently, the use of technology in your organization is unavoidable. However, although technology can undeniably give your business an advantage in increasingly competitive markets, there are many troublesome areas to keep an eye on. Therefore, interest in cybersecurity has risen in recent years. Password protection is the…
Aligning People, Processes, and Technology to Scale
Your company operates in a turbulent business environment where new technologies are reshaping industries, customer preferences are evolving rapidly, and geopolitical equations are shifting dramatically. If you’re struggling to adapt to these quick and challenging transitions, you’re not alone. To tackle these issues as soon as possible, some corporate executives’ resort to quick fixes that…
6 Questions to Ask Before Implementing a Technology Change
It can be exciting to introduce new technology into your business. It is undoubtedly an achievement to find a solution that will help your team members do their jobs more efficiently and effectively by filling a gap in your technology infrastructure. However, before you get carried away with quickly implementing your new solution to reap…
Why You Should Prioritize Your Technology Gaps
Technology is an unavoidable component of most businesses, helping them achieve their goals and vision. However, if you are not cautious, technological flaws could allow cybercriminals to access your network and cause harm to your company. Technology auditing is the solution to this problem. A technology audit can assist you in better understanding and identifying…
