Timely Notice

Rich Savage, Director of Complex Claims – Cyber/Tech/Media at Rockville Risk Management, shares useful insights into the world of cybersecurity, especially regarding the dramatic increase in credential theft and the vulnerabilities associated with use of Office365. Rich explains how businesses are particularly vulnerable to credential theft since fraudsters are now able to use trusted email addresses in perpetrating their phishing schemes. To help ward against these risks, Rich offers recommendations for businesses, as well as strategies cyberinsurers can employ in incentivizing cybersecurity.