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Industry Report: The Current State of Cybercrime

  More than half of mid-sized companies have experienced a hack. Of these, 20 percent of the organizations estimated the cost of the breach between $1 to $2.5 million. No organization is immune to cybercrime. As criminals home in their hacking methods with more sophisticated techniques, a potentially catastrophic attack can hit even the most […]

Dave Wasson Awarded COPE Insurance Certification

Hays Companies is pleased to announce that Dave Wasson has been awarded the Chubb Cyber COPE Insurance Certification (CCIC) designation from Chubb and Carnegie Mellon University’s (CMU) Heinz College of Information Systems and Public Policy. “We’re thrilled to see Dave complete the Cyber COPE Insurance Certificate program,” Hays Companies’ Senior Vice President Ryan Anderson said of […]

Cyber Liability Update: Tax Season and W2 Phishing Scams

Most companies are familiar with phishing emails and train their employees to recognize suspicious emails sent from malicious actors. Less commonly discussed, however, are W2 scams that target human resources departments. During tax season, cybercriminals target human resources departments by impersonating an executive of the company, most notably through email. The goal is to obtain […]

Will 2019 Be the Year of the Cybercriminal?

Consider this—in 2018, two of the five biggest cyberattacks in history occurred. Between the hacks on Marriott and Under Armour, criminals accessed the personal information of more than 650 million people. Cyber attacks also caused billions of dollars in lost revenue as hackers infiltrated everyone from mega-corporations to mom and pop shops. The growing number […]

Cyber Insurance Webinar

Hays Companies VP and National Cyber Liability Practice Leader Dave Wasson was invited by Lathrop Gage to discuss uncommon approaches to cyber threats. This 60-minute webinar addresses the increased threat to companies being targets of data breach, insurance policies and coverage for losses and how this area has evolved in the past 10 years. Throughout […]

Minnesota Business Magazine Feature: Cybersecurity Insurance 101

By: Brian Martucci Target. Home Depot. Yahoo. Equifax. What do they have in common? You guessed it — they’ve all experienced major data breaches that exposed tens of millions of users’ sensitive personal and/or financial data. Yahoo was actually victimized twice, each attack compromising hundreds of millions of users. (Oh, Yahoo.) Your company is vulnerable […]