Why Everyone Needs Coverage

Nobody is safe.

cyber security stock image

Everyone Is Vulnerable

The chain is only as strong as its weakest link! Whether its a microscopic flaw in a security system, an expertly crafted social engineering scheme, or a massive oversight in security; the impact is equally devastating. Cyber threats are escalating in both frequency and sophistication and, they don’t discriminate. Anyone and everyone is a target.
The digital world is constantly advancing at blitzing pace. New innovations, powerful tools, and exciting tech are being discovered each and every day; It’s impossible to stay on top of it all. As the capabilities of computers and software grows, so does the cyber threat landscape. Attackers are constantly finding new ways to gain access to systems, software, and sensitive data.

Why should you care about cyber resilience?

Victims of cyber attacks can lose millions.

With the continuous entanglement of technologies and devices; physical property and data is quickly becoming digitized. You wouldn’t leave your head office uninsured with the doors unlocked right? That would put your property at risk. Just like physical property, digital property requires the same security and coverage.

There is a plethora of misconceptions around cybersecurity thus, quality coverage and safe practices are overlooked all too often, despite living in a digitally entwined world. A single cyber incident can cause operational downtime, reputational damage, legal repercussions, and massive financial losses which are not covered by traditional insurance policies.

In addition to providing our clients with excellent cyber coverage, The Posture+ program at JDIMI assists clients to discover potential weaknesses and implement quality cybersecurity solutions to mitigate cyber risk and improve insurability.

Common Misconceptions

“Cybersecurity is a big business problem; We’re too small to be a threat” - In fact, small and medium sized business are more likely to be targeted by cyber attacks than big businesses. Hackers like to target SMB's as they usually are "low-hanging fruit".

"We have strong security measures; we aren’t at risk” - There is no such thing as total safety when it comes to cyber threats. Organizations with highly sophisticated security systems still regularly fall victim to cyber attacks.

"Our data isn’t valuable to cyber criminals” - This is exactly what cyber criminals want you to think. All data is valuable to cyber criminals and data isn’t the only thing they are after. Ransomware has quickly become the most frequent and costly type of cyber attack; particularly to small and medium sized businesses. By crippling company infrastructure, entire workflows are seized until a ransom payment is made.