If you think you do not know the terms for Internet Crime or the types of crimes happening every second, you better read up!
This FBI report for the year 2018. If you are over 39 years of age, you may be a victim and “already had a cyber loss”.
Cyber Crime and Crime over the internet are more sophisticated than you can imagine. Insurance for Cyber and Crime are insurable matters.
Get up to speed on top ten states to be victimized, and understand "CRIME BY TYPE" definitions.
- BEC means Business Email Compromise
- Denial of Services / TDoS)
- IPR/ Copyright and Counterfeit
- Phishing/ Vishing/Smishing/Pharming
Your business is at risk and whether you think you are protected by a spam filter, think again! This gets down to
how you do business and the procedures you should put in place to avoid exposures.
A cyber response plan, an active training plan for employees and an active plan for your accounting personnel will give you a double take on the risk mitigation when it comes to internet crime.
Also Read: Why You Need to Back up Your Agency Data