Operating in the commercial insurance business in Massachusetts, we do come in contact with various kinds of losses, including ones related to Cyber Crime.
It happened last year, and it happened again recently. One of our clients was very close to wiring money to a fraudulent vendor. Luckily it was caught in time to avoid the loss. Nevertheless this was a form of Cyber crime aimed at stealing money from the business.
We thought it would be a good time to recycle our blog "Think You are Protected against Scams?" Please take a moment to check it out and read the tips, and make sure you have discussed Cyber Liability Insurance with your insurance agent.
According to the Massachusetts Consumer Affairs Blog, "Cyber crime can have a significant negative impact on your company if proper precautions are not taken to prevent it"
It is of extreme importance for companies to educate their staff on cyber security measures and for the business owner to implement policies and procedures at the workplace.We have some resources to help you to identify and avoid scams. Check out This New Whitepaper from our Insurance Company Partner The Hanover Insurance Group. It explains how some scams may arrive at your doorstep, ways to avoid false pretense and social engineering scams, what to do if you are faced with a scam, and even an insurance solution designed to provide protection from a wide variety of social engineering scams.
Looking for options for your Massachusetts business insurance? With access to nearly every carrier in the region, we can make recommendations that you just might appreciate, including access to False Pretense Coverage. Call Chris Millerick at 857-816-4935 or click the button below 24/7.
With offices in Danvers & Winthrop Massachusetts, Elliot Whittier Insurance has been awarded The Five Star Award of Distinction from the Massachusetts Association of Insurance Agents. Elliot Whittier Insurance is also a Trusted Choice® agency and represents multiple insurance companies, so it offers you a variety of personal and business coverage choices and can customize an insurance plan to meet your specialized needs. You can visit Elliot Whittier online at www.ElliotWhittier.com, email email@example.com, or call 800-696-3947