Managing End-of-Life Software
At some point, all software will reach the end of its life. This means manufacturers will no longer develop or service the product, discontinuing all technical support, upgrades, bug fixes and security fixes. As a result, end-of-life (EOL) software will have known vulnerabilities that cybercriminals can easily exploit. This article discusses the risks of continuing to use EOL software and discusses best practices for organizations to mitigate this risk. Risks of EOL Known but unmitigated vulnerabilities are among the highest cybersecurity risks. One survey found that 60% of data breaches stemmed from unpatched known vulnerabilities. Another report found that 3 of 4...
The Importance of Two-Factor Authentication
As cyber attacks become more and more common, protecting your data is increasingly difficult. In fact, a study from Juniper Research found that by 2023, cyber criminals are expected to steal an estimated 33 billion records. In light of the growing number of cyber attacks, many companies are turning to two-factor authentication (also commonly called 2FA or multifactor authentication) to enhance their cyber security. While no cyber security method is foolproof, using two-factor authentication can add an extra layer of security to your online accounts. So how exactly does two-factor authentication work? What Is Two-factor Authentication? While complex passwords can help deter cyber...
Cyber Risk Guide for Boards of Directors
Before examining what boards can do to manage cyber risk, organizations need to understand who cybercriminals are, what they want and what’s at stake. In today’s hyper-connected world, nearly every business has some form of cyber exposure. Whether you process payments or store sensitive customer information, chances are cybercriminals have already placed a target on your organization and are primed to strike. Arthur Hall Insurance offers this guide designed for an organization's board members to plan for and respond to cyber incidents. Please contact one of the professional insurance advisors at Arthur Hall Insurance to discuss potential cyber risk. ...
Arthur Hall Insurance Names New Partner
Arthur Hall Insurance Names New Vice President and Shareholder (West Chester, PA ) The Board of Directors of Arthur Hall Insurance are pleased to announce that Dan Mackarevich, CCIC, CIC, has been named as a principal shareholder for the firm. Dan joins James Denham, Glenn Burcham, Mark Sammarone, Nicole Grebloskie, Josh Isler, and Karen Leary as an agency partner, member of the managing leadership team, and assumes the title of Vice President. He began his career with Arthur Hall Insurance in 2014 as a producer and Commercial Lines Account Executive. Dan advises clients all over North America. He has built and continues...
Business Email Compromise
Cybercriminals continue to become more sophisticated, leveraging a wide range of tactics in order to attack their victims. One tactic that has increased in frequency, complexity and resulting losses over the past few years is the use of business email compromise (BEC) scams. Put simply, a BEC scam entails a cybercriminal impersonating a seemingly legitimate source—such as a senior-level employee, supplier, vendor, business partner or other organization—via email. The cybercriminal uses these emails to gain the trust of their target, thus tricking the victim into believing they are communicating with a genuine sender. From there, the cybercriminal convinces their target to...
Cyber Security Planning Simplified*
Privacy and data breaches, security compromised, millions of dollars lost, businesses closed; you have heard the horror stories of why you need to be concerned. Most solutions can leave small business owners overwhelmed, however there are practical ideas within reach for any organization. Here are a few steps to get you started: Provide online cyber awareness training to your employees. Your greatest vulnerability is your people, not your equipment or software. There are several inexpensive or free resources available. Document the steps you are taking to protect your sensitive data. Cyber laws and regulations use very general terms. You need to...
Dan Mackarevich Named Cyber COPE Insurance Certification Designee
West Chester’s Mackarevich Among a Select Group to Be Named a Cyber COPE Insurance Certification Designee by Chubb and Carnegie Mellon University (West Chester, PA – March 2019) — Daniel P. Mackarevich of Arthur Hall Insurance in West Chester, PA and Hockessin, DE has been awarded the Chubb Cyber COPE Insurance CertificationSM (CCIC) designation from Chubb and Carnegie Mellon University’s (CMU) Heinz College of Information Systems and Public Policy. Mr. Mackarevich is among a group of insurance professionals this year to complete the seven-month certification program, which educates the participants about industry best practices in cyber security risk management, governance, and operations....