Posted by admin on Fri, 08/14/2020 - 13:44

According to the FBI, business email compromises cost businesses $26 billion between 2016 and 2019.  This represents a serious threat to your business.

How do the scammers compromise your emails?

  • The bogus invoice scheme. With this, organizations using foreign suppliers are the target. The scammers appear to be a supplier who is requesting that funds are transferred to their bank account as payment for an invoice only the funds will end up in the scammers account.
  • CEO fraud. As in our example at the start of this article, an email appears to be sent from the CEO or some other senior executive. The recipient will be in a position to transfer money and will make the transfer to an account controlled by the scammers.
  • Account compromise. The email account of an executive, or sometimes an employee, is hacked and used to request the payment of invoices allegedly from any vendors who are listed in their email contacts. Of course, any payments sent to these vendors go to the scammers account.
  • Attorney compromise. With this, the scammers appear to be lawyers or sometimes people from the law firm who are in charge of crucial and confidential matters. If a company is involved in some kind of litigation or a takeover, it’s not unreasonable to hear from the trusted legal team. The email or phone call requests that money is transferred immediately for some crucial reason, but the bank details supplied belong to the scammers.
  • Data theft. Scammers love personally identifiable information (PII) about people and so will target employees working in HR or accounts. They will then try to obtain PII or tax statements of other employees and executives. Scammers will use this information in future attacks.

How do you protect your business?

  • Encrypt Sensitive Data
  • Establish Secure Internal Infrastructure
  • Invest in Training Your Staff
  • Establish Protocols for Accessing Data Remotely
  • Have a Password Policy in Place
  • Frequently Update Your Systems
  • Back-Up Thoroughly and Often
  • Implement Access Control Protocols

Knowing the areas of fraud prevention and establishing a robust cyber security program, will go a long way in protecting your business from email scams.

Source: ToolBox Security

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Posted by admin on Fri, 07/31/2020 - 13:32

Stroke kills about 14,000 Americans each year – that’s 1 out of every 20 deaths.  Someone in the United States has a stroke every 40 seconds.  Every 4 minutes, someone dies of stroke.  Every year, more than 795,000 people in the United States have a stroke, according to the CDC.

People over 55 have a greater chance of stroke, and the risk increases as you age.  People with high blood pressure or diabetes are most at risk for a stroke.

Know the signs of a stroke:

  • Sudden numbness or weakness of the face, arm or leg, especially on one side of the body.
  • Sudden confusion, trouble speaking or understanding.
  • Sudden trouble seeing in one or both eyes.
  • Sudden trouble walking or loss of balance.
  • Severe headache with no known cause.

What immediate action should you take if you think you or someone else is having a stroke:

Remember the acronym “FAST” – Face, Arms, Speech, Time.  If you think someone is having a stroke, observe their face for any drooping, their arms for numbness or weakness on one side and their speech for slurring or strange words. If any of these changes are present, it might be as stroke, so call 911 right away and note the time of the first symptom; this information is valuable to medical professionals as they decide the best course of treatment.

Stroke Prevention 

  • Controlling blood pressure, cholesterol and diabetes is key. If you need medications to keep these conditions under control, take them! The pills don’t do anything for you if they just sit in the medicine cabinet.
  • Maintain a healthy diet that’s low in saturated fat, trans fat, minimizing processed food with added sugars and salt.
  • Being physically active, which helps reach and maintain a healthy body weight.

With the summer heat upon us, knowing the signs of strokes and what to do, can save a life.

Source: CDC, American Heart Association, Daniel Antoniello

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Posted by admin on Fri, 07/24/2020 - 14:07

Temperatures are soaring across the United States and are creating hot and hazardous working conditions.  OSHA has issued a trade release with suggestions to help mitigate heat hazards.

  • Water. Rest. Shade.  Employees should drink water every 15 minutes, and take frequent breaks in shaded or air conditioned areas
  • Monitor new employees and offer them extra protections from elevated head conditions until they are fully acclimated.
  • Serious heat-related illnesses can occur on normal summer days, when temperatures are not extreme.  Workers need additional protective measures whenever the Heat Index is 80 degrees or above.
  • Increase ventilation, use cooling fans, and whenever possible schedule work at a cooler time of the day.
  • Train workers on the hazards of heat exposure and how to prevent illness.

Stress bullet one throughout the summer to help your employees protect themselves from heat-related illnesses.

Source: OSHA

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Posted by admin on Fri, 07/17/2020 - 13:12

We are in the midst of the hurricane season which generates tropical storms throughout the United States. 2019 is predicted to produce 16 name storms and reach tropical-storm strength or greater, with eight hurricanes with at least one potentially hitting land-fall.

Knowing how to prepare before the storm and understanding your properties’ vulnerabilities will help you get ready for the season.

  • Know if you are in a flood zone?
  • If you are in an evacuation area, know where to go when a storm hits.
  • Put together an emergency kit.
  • Have/Review a Family Emergency Plan so family members know who to contact and where to go.
  • Have an emergency supplies kit contents in a safe place so you can access quickly in the event of a storm.
  • Review with us your insurance and flood policy to make sure you are adequately covered.

Take the time to review and prepare for this season’s coming storms.

Source:  Danielle Ling


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Posted by admin on Fri, 07/10/2020 - 14:23

If you are working from home, here are six tips to help you do so securely.

  1. Create a safe space – make sure that people cannot view your computers for sensitive information.  Always use password protection or biometrically secured devises.
  2. Establish barriers between work and home devises – whenever possible use distinct devises to conduct work.  The perfect solution is utilizing work devices to conduct work activities.
  3. Use a secure VPN and virtualization – this provides solid encryption.  Remote logins should be multifactor authentications.  Also make sure that your Wi-Fi networks are secure, and router access is password protected.
  4. Reinforce security policies – Make sure that all employees are familiar with company security practices.  Conduct refresher training frequently and if using video conferencing that proper protocols are in place.
  5. Consider software updates – Insure that you know how to remote access to install and maintain security updates.  
  6. Put a backup plan in place – Establish secure cloud backups for all work conducted by home workers.  As part of your IT procedures, put a regular, secure backup process in place.

Follow these tips to keep you and your business secure while workers are working from home.

Source: Property/Casualty 360

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Posted by admin on Fri, 06/26/2020 - 13:25

According to a report by AM Best, Directors and Officers liability insurance rates are likely to double in the wake of the COVID-19 pandemic as insurers respond to increased shareholder litigation over the past three years and future litigation over coronavirus-related exposures.

It’s time to review your D&O policy; or if you don’t have one, you need to protect your business with this important coverage. Call the agency today.

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Posted by admin on Fri, 06/19/2020 - 11:22

Thank you for all the ways you go above and beyond every day for your family.  On behalf of all of us at the agency, we wish you a Happy Father’s Day.

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Posted by admin on Fri, 06/05/2020 - 12:54

If you use baby monitors or wireless cameras, you are at risk for being hacked by cybercriminals.

The National Cyber Security Centre urged users to change default passwords, regularly update security software, and disable remote internet access if not being used regularly.

Hacked feeds show people in their homes going about their daily lives which they then share online.

So be diligent in keeping your devises up to date.

Source: Business Insurance

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Posted by admin on Fri, 05/22/2020 - 11:30

To all the first responders, nurses, doctors, health care workers and those that gave their lives to protect this great nation – we remember, honor, and thank you for your service.

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Posted by admin on Fri, 05/08/2020 - 15:43

Mothers – You’ve Been Keeping the Family Together During These Trying Times.

We want to thank you for all your efforts and wish you a Wonderful Mother’s Day.

Best wishes and keep safe & healthy from all of us at Henkes Welsh Agency.

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