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Dear Valued Customer,

Over the past years, phishing and ransomware have become the most rampant form of cybercrime and an exponentially increasing threat to organizations. It can be as easy as an employee opening an email attachment. Once they do, a virus can infect their computer, lock their files and tell them to pay a ransom if they want to regain access.

In this issue of the Risk Reporter we focus on the type of cyberattack known as ransomware, one of the most important cyber risks businesses need to be aware of. A recent study even found that ransomware attacks are on the rise, with demands ranging from $1,000 to $150,000.

As ransomware and other types of cyberattacks increase and get smarter, it’s vital to educate employees to help protect your business from a potentially ruinous threat. Especially at this time where our team members are highly disbursed and primarily working from home. Please connect with us with any questions or concerns, and to have a discussion as to how insurance can add a much needed layer of protection.

We appreciate your continued business and look forward to serving you.

Kind regards,

Michael Coughlin
Owner/Principal
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Phishing and ransomware can be your worst nightmares, how can you prevent these evolving threats?

Hacker with laptop initiating cyber attack
Toward resilience against phishing and ransomware attacks Over the past years, phishing and ransomware have become the most rampant form of cybercrime and an exponentially increasing threat to organizations. The vast majority of organizations have been targeted by phishing or ransomware. Ransomware, a form of malware designed for the sole purpose of extorting money from victims; and phishing, the delivery …

Read more...

Don’t Let Ransomware Hold Your Business Hostage

Don’t Let Ransomware Hold Your Business Hostage
It can be as easy as an employee opening an email attachment. Once they do, a virus can infect their computer, lock their files and tell them to pay a ransom if they want to regain access. This is a type of cyberattack known as ransomware, one of the most important cyber risks businesses need to be aware of. A …

Read more...

Cyber Risk in Relation to COVID-19

Cyber Risk in Relation to COVID-19
Issue: New phishing attempts Cyber thieves are using the recent developments surrounding the novel coronavirus (COVID-19) as an opportunity to send phishing emails and spread malware attacks. Most recently, we’ve seen phishing emails impersonating the U.S. Centers for Disease Control and Prevention (CDC), the World Health Organization (WHO) and other health authorities. An example is a phishing email that specifically …

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COUGHLIN INSURANCE SERVICES, INC.
178 Myrtle Boulevard Larchmont, NY 10538
Corporate office: 914-834-1234
Toll free: 800-542-0661 Fax: 914-834-0853 www.coughlinis.com