How Serious Is the Scourge Of Cyber Crime Becoming?

Well, if having the month of October dedicated as "Cyber Security Awareness Month" is any indication, the gravity of this internet plague will sink in very quickly and you'll realize that cybercrime is fast becoming one of the biggest concerns in the modern world.

The concept of cyber security awareness is supported globally, by Canada's Ministry Of Public Safety and Emergency Preparedness, by the U.S. Department of Homeland Security, the European Union Network and Information Security commission, and the Norwegian National Security Authority, to name but a few.

And just what constitutes a cyber crime you ask? There's a multitude of them, everything from phishing to ransomware, though content driven crime such as child pornography and hate literature can also be considered part of this scourge. For the type of crime for which I am referring to, however, read my previous posts "Do You Understand Ransomware & Cryptolocker" and "Ripped Off: Social Engineering", or use the search bar on my blog to search 'cyber' and get a myriad of other posts on samples and examples of the types of crimes perpetrated by hackers.

As for what to do to protect yourself, watch for a series of my new posts coming out soon on some basic tips which will help keep you from becoming a victim. As well, let me shamelessly mention that the fine company for whom I work,  BlueCircle Insurance, has coverage available for this type of thing through our Commercial Insurance Department. And, we're not talking about coverage just for big business either. Anyone and any business, no matter how small, can be a target and some basic coverage is not only available but also quite affordable.
This coverage can not just help cover you for some of the losses incurred by such crimes but also help get you back to work by offering various forms of technical support.

Of course, as with any insurance coverage, we consider the best approach is an "ounce of prevention" and can offer all sorts of tips on how to take the necessary steps to reduce or mitigate loss potential. Better safe than sorry!