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2 emerging cyber risk trends

In a previous article, we discussed what consumers should do in the wake of the breach of data at Equifax. But what about its effects on businesses? Businesses have a significant responsibility to protect their customers’ personally identifiable information (PII). Failure to do so could lead to lawsuits, loss of trust, loss of revenue, and even loss of the business.

Steps to take now to protect yourself after another massive cyber breach

The recent cyber attack on Equifax, one of the largest credit reporting agencies in the U.S., will have a ripple effect for years to come. What can you do about it? Here are two actions you should take immediately. 1) Determine if you have been impacted by the Equifax breach. Anyone with a credit card could be affected. 2) Take appropriate steps to protect yourself from future cyber attacks.

Thinking of exporting? Consider trade credit insurance

Many companies are reluctant to get involved in exporting their products for the simple reason that they may not get paid. However, there is a solution: trade credit insurance. This type of insurance can be set up to cover a specific shipment, a series of shipments to a specific customer, all of a firm’s overseas shipments, or can be extended to cover its domestic shipments.
 
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