financial products – РИСК-АКАДЕМИЯ – АНО ДПО ИСАР

USI Affinity, Crum & Forster to Provide Cyber Coverage to American Bar Assoc. Law Firms

riskacademy — Mon, 21 Sep 2020 06:36:59 +0000

USI Affinity and the American Bar Association (ABA) have partnered with Crum & Forster to offer a cyber liability insurance program for law firms nationwide. As the broker for the ABA Insurance Program, which provides insurance and financial products for ABA members and their firms, USI Affinity now offers access to this new cyber liability program designed exclusively for the law firm community.

USI Affinity and Crum & Forster have formed a dedicated team to help protect and insure small and large law firms. USI Affinity will provide cyber liability insurance products to law firms in all 50 U.S. states.

According to USI Affinity senior vice president and Professional Liability Practice leader, Mike Mooney USI Affinity and Crum & Forster will deliver a proprietary, comprehensive cyber liability offering that includes policy enhancements focused on the continual challenges attorneys and law firms face.

USI offers property and casualty, employee benefits, personal risk, program and retirement products to large risk management clients, middle market companies, smaller firms and individuals. Headquartered in Valhalla, New York, USI connects over 8,000 industry-leading…

Sharing intelligence helps us beat cybercriminalsPhnom Penh Post

riskacademy — Wed, 02 Sep 2020 15:58:08 +0000

To best capitalise on new attack strategies in Southeast Asia like botnets, cryptojacking, and ransomware, cybercriminals collaborate through a variety of networks. For example, less tech-savvy criminals simply buy ransomware services or kits from more technical hackers. UNSPLASH

Covid-19 has changed the way the financial services industry operates in a very short time. The digitisation of financial products and services has accelerated, and operations, most of which had previously taken place in traditional office and bank branch settings, have rapidly gone remote.

Both trends have increased the attack surface of the industry, giving cybercriminals new avenues to target sensitive customer and company data. Indonesia is particularly vulnerable to these new threats. The country has already been in the midst of rapid digitisation of financial services, with new payment platforms like Gojek’s GoPay and OVO.

GlobalWebIndex reports that Indonesia also has the highest rate of e-commerce use in the world – an overwhelming 90 per cent of internet users between 16 and 64 years old say they shop online.

New, rapidly growing digital platforms and customers who are inexperienced in…