Artificial Intelligence (AI): Where is it going?

AI

Artificial intelligence (AI) is a concept that most people have come to believe in today. It began with the fantasies of computers taking over the world. This was large because of the way AI was depicted in motion pictures from decades ago. Many of us don’t realize that this new technology is in daily use. Many of these AI technologies are already part of our daily lives. There are many AI SMB business processes available that can be used to speed up and ensure growth and success for small/medium-sized business owners. We will talk more about these in the article. (more…)

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Cybersecurity Insurance to Protect Your Data

cybersecurity insurance

Cybersecurity is a major concern for online businesses, especially small and medium ones. However, you can take out reliable cybersecurity insurance to prepare for these unexpected attacks. With insurance, you can recover any losses that you may have in the event of a cyber-attack by having this coverage.

Cyberattacks are becoming more common as cybercriminals continue to innovate. They are constantly innovating new ways to outstrip security software that IT companies have created. As a business owner, you must be vigilant and ensure that your data and network are safe. Do you have the most up-to-date cybersecurity technology in your business? You probably don’t have time for such things if you’re like most business people. (more…)

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5 Reasons Why You Should Have Cybersecurity Insurance

cybersecurity insurance

Cybersecurity insurance is also known as cyber insurance or cyber liability insurance, is an option that your business can have to reduce data loss. For a fee, a cybersecurity insurance policy will transfer some risk from your business to the insurance company. 

Although all insurance types have existed for many decades, cybersecurity insurance has just emerged it is relatively new. Businesses that purchased cybersecurity insurance were among the first to adopt it. Cybersecurity policies need to be updated and adapted frequently, due to the fluctuating nature of cyber risks and attacks. Data is available to underwriters that allows them to calculate risk, set premiums and determine coverage. But, it’s not that easy to get cybersecurity insurance. This is because cybersecurity insurance is still new and the data is limited. (more…)

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How Ransomware Affects Business?

how ransomware affects business

Ransomware attacks have been rather prevalent in the news of late. Sandwiched between COVID updates and the weekend weather forecast, you may have noticed ransomware attacks striking major organizations around the globe. These, in general, have been multi-billion dollar companies, including financial institutions and oil manufacturers. Often, these businesses have been forced to pay millions of dollars in ransom fees to take back control of their business and avoid the distribution of sensitive documents. And yet, the problem is so much larger than these massive corporations falling under attack. Every single day, businesses just like yours fall into the crosshair of Internet scammers and cybercriminals. For various reasons, small-time cybercrime doesn’t make the headlines, but when it hits home, it can be devastating. To better protect your company, you need to know how ransomware affects business, no matter what industry you are in.

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