The insurance industry needs to spend time educating clients on how to best protect themselves as cyber criminals continue to capitalize on new vulnerabilities in the wake of the COVID-19 pandemic.
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Hacking activity against corporations in the United States and other countries more than doubled by some measures last month as digital thieves took advantage of security weakened by pandemic work-from-home policies, researchers said.
Some of the world's largest companies have advised against the use of Zoom Video Communications Inc.'s conferencing app, fueling a growing backlash against a service that shot to prominence during the Covid-19 pandemic. |
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Two ACORD Events
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| ACORD is excited to announce two virtual events for our members this October: ACORD Industry First and ACORD Connect. |
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| ACORD |
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| Advertisement |
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CA Dwelling Fire Decreased Rates
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| We are pleased to announce that we recently decreased rates by 3.5 - 6.1% in certain territories for our California Dwelling Fire Program. |
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| A senior FBI cybersecurity official said that foreign government hackers have broken into institutions conducting research into treatments for COVID-19, the sometimes fatal respiratory illness caused by the new coronavirus.
The coronavirus crisis has seen millions locked in their homes turn to videoconferencing apps, bringing with it question marks over security and privacy and a new verb - Zoombombing - the practice of uninvited users crashing into conversations.
With cyber attacks on the rise and many small businesses unaware of the dangers, independent insurance agents are in a good position to educate clients about their risks, recommend preventative measures, and provide protection with a cyber insurance policy. |
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