Defend your business from cyberattacks  with CyberSecure Canada

Defend your business from cyberattacks with CyberSecure Canada

Defend your business from cyberattacks with CyberSecure Canada

Is your business prepared for battle?

Battle against cyber criminals, that is. These modern-day pirates are multiplying on the digital high seas, targeting businesses large and small with a chilling array of assaults – disruptive hacks, malware, ransomware (demanding a ransom payment from their victims) and more.

If you think your company is not at risk, think again. Any business that uses the internet is exposed, and there’s a very good chance that criminals will target you at some point.

What is cybersecurity?
In simple terms, cybersecurity is about protecting all of your assets in the digital sphere – including your website, computers, servers, modems, tablets, smartphones and social media platforms, along with the data held on all of those technologies.

CyberSecure Canada can help you make your business cyber secure

Not surprisingly, many small and medium sized organizations (SMOs) lack adequate cybersecurity expertise and practices, due to time or financial constraints. And, it’s incredibly difficult for busy entrepreneurs to keep pace with digital technologies and risks.

Fortunately, there’s assistance ready to help. Working with the Government of Canada’s CyberSecure Canada program is a convenient way for SMOs to help protect themselves against cyber threats.

Through the program you can:

  • Improve your knowledge – Free, self-directed eLearning modules (20-60 minutes in length) tell you how to assess your vulnerabilities and protect your data, devices and networks. These modules are designed for people with minimum technical knowledge.
  • Reassure your customers/partners: Certify your business with CyberSecure Canada and take advantage of their how-to guides and resources.
  • Market your business as cybersecure: Once you are certified, display the CyberSecure mark so your stakeholders know their information is safe.

Cyber attacks are a costly problem for SMOs

Every year online criminals become increasingly sophisticated, using advanced tools like artificial intelligence, machine learning and automated technologies to inflict all sorts of financial and operational havoc on organizations. These attackers are part of a multi-billion dollar industry stealing data, damaging IT systems and disrupting customer service.

The trends are alarming. In 2021:

  • 25% of all businesses experienced cyberattacks.
  • 41% of small businesses that suffered a cyberattack reported that it cost them at least $100,000.

Ensure your organization is cyber ready – and enjoy smooth sailing

Are you up to speed on the digital threats facing your business? Are you prepared, both for now and for an increasingly digital future?

Having a cybersecurity program in place is essential to guard your data and operations in the digital era, limit the impacts of an incident, and maintain the trust of your valued partners and customers that you can keep their sensitive information safe.

Now is the right time to get cyber-ready so you can keep your business sailing smoothly, even in pirate-threatened seas. Don’t wait for a cyberattack to occur. Get started with CyberSecure Canada today to strengthen your cyber defenses and avoid the harm of a costly, disruptive cyberthreat.

More info:

Trisura Cyber Policy Ranked Among the Best in Canada

Trisura Cyber Policy Ranked Among the Best in Canada

By Sara Ametrano

 

Comprehensive cyber coverage is proving more and more crucial each year as hackers continue to become increasingly sophisticated and successful in their attacks. Insurance Business Canada recently surveyed brokers across the nation to uncover the best cyber policies on the market. The publication revealed the top 17 carriers, which included Trisura Guarantee Insurance Company.

Smiling woman with brown hair and blazer in front of buildings backdrop.

Angela Feudo, manager of professional solutions, Trisura.

Trisura’s manager of professional solutions, Angela Feudo, believes the organization’s cyber policy win is a testament to its customization ability. “At Trisura, we really listen to the insured and broker to ensure we understand what they are looking for,” she explains. “Working closely together allows us in to find the right solutions for their unique needs.”

In an ever-changing market, cyber insurance policies have had to adapt. There was a pressing need for policy structures to sustain future losses. With many individuals and companies working remotely for nearly two years, risks were greater, as was the need for education and training. “There is a greater awareness among organizations about cyber threats and, as a result, there have been improvements made around cyber security controls,” Feudo says.

As for what comes next, Trisura’s resident cyber expert anticipates there will be further market growth due to reliance on technology through process automation and internet connectivity. “The exposure for these businesses will grow and evolve and so must the insurance products that protect them. There will also be continued focus on not only cyber security controls, but also the use of cyber experts to aid in risk selection.”

Past cyber struggles and future challenges for the Canadian market are not necessarily unique. The global market must also be prepared to adapt, as Feudo notes, “cyber risk doesn’t have borders.”

About the 5-Star Cyber Awards:

Over the course of 15 weeks, Insurance Business Canada conducted one-on-one interviews with brokers and surveyed thousands more within the publication’s network. Brokers shared their thoughts on current cyber offerings and the most important policy features.

The top carriers were determined based on how they were rated in the following categories:

  • Relationships with brokers
  • Claim-handling abilities
  • Underwriting expertise
  • Product strength

For the official 2021 5-Star Cyber Awards report, click here.