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  In an alarming surge of digital extortion, cyber criminals have shattered previous records by amassing over $1.1 billion in ransom payments in 2023. This figure, released by cybersecurity experts, marks an unprecedented escalation in the severity and frequency of ransomware attacks targeting businesses, governments, and individuals worldwide.   Ransomware, a malicious software designed to […]

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By Shayne Bevilacqua, MBA | 02-08-2024

Labeled as the “Ultimate Data Breach,” a significant data spill has disclosed 26 billion records, breaching prominent platforms such as LinkedIn, Snapchat, Venmo, Adobe, and X, previously known as Twitter, marking it as one of the most substantial data breaches in history. The compromised information extends beyond mere login details, with a substantial portion being […]

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By Shayne Bevilacqua, MBA | 12-07-2023

Professional liability insurance, also known as errors and omissions (E&O) insurance, plays a critical role in protecting professionals from potential lawsuits. As we stand at the forefront of the digital era, emerging technologies are reshaping industries and, subsequently, impacting the landscape of professional liability insurance. In this blog, we will explore how these technologies are […]

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By Shayne Bevilacqua, MBA | 08-10-2023

In today’s digital era, social media has become an integral part of our daily lives. It has also emerged as a powerful tool for businesses to connect with their target audience, build brand awareness, and drive growth. However, harnessing the full potential of social media requires the effective utilization of various tools and strategies. In […]

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By Shayne Bevilacqua, MBA | 05-23-2023

What is Cyber Liability Insurance?   Cyber liability insurance is a type of business insurance that protects businesses from financial losses due to cyber incidents. It covers costs associated with data breaches, extortion fraud, as well as other expenses related to the recovery after such an event. Cyber liability policies are tailored to fit your […]

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By Shayne Bevilacqua, MBA | 11-29-2022

What is the Metaverse? To begin, the meta verse is the product of combining elements from both the physical and virtual worlds to allow for simultaneous experiences. With this new technology, you have the ability to visit facilities across the world while interacting with devices within it. All by simply putting on a headset and […]

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By Shayne Bevilacqua, MBA | 11-17-2022

Today’s message focuses on cyber-security, diving specifically into how your company can manage risks of using Enterprise Connected Devices (ECDs) and how to also better educate employees in preventing an attack. ECDs are employees issued devices having internet connectivity. Several companies, maybe even your own, utilize enterprise connected devices as they are intended to streamline […]

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By Shayne Bevilacqa, MBA | 10-18-2022

The question of how much your business should post on social media sounds like an easy one. However it can be quite complicated to answer exactly. Posting too much on your business’s accounts may cause current or potential customers to feel overwhelmed. In contrast, not maintaining a social media presence at all may also cause […]

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By Shayne Bevilacqua, MBA | 08-23-2022

Accusations under Illinois’ Biometric Information Privacy Act include allegations that TikTok has been using technology for facial recognition in order to pin down user ages, gender, and ethnicity. They allegedly used this information to factor into their algorithm of recommending videos to users, and prevent minors from using the app.    The allegations claim that […]

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By Shayne Bevilacqua, MBA | 07-09-2022

Cybercrime groups around the world attempt to steal data and threaten their victims into paying. As time goes on, these cybercrime groups are getting wiser to the game, and are making the threats increasingly worse.    What are the Groups Threatening Now? A ransomware group by the name ALPHV/BlackCat went from exposing victim data on […]

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By Shayne Bevilacqua, MBA | 02-16-2022

      What is First-Party Cyber Coverage?   First-Party cyber coverage is liability insurance that can help small businesses protect themselves against cyberattacks. The financial impacts of cyberattacks can be significant, so it is very important to make sure that your small business is protected against the potential financial burden of cyber attacks. First-party […]

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By Shayne Bevilacqua, MBA | 04-10-2020

April 10, 2020   UnitedHealth to offer nearly $2B in accelerated payments, financial support to providers (Fierce Healthcare-April 7, 2020) The insurer said that it would accelerate claims payments to both medical and behavioral health care providers across its fully insured commercial, Medicare Advantage (MA) and Medicaid plans. It will also make $125 million in […]

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By Shayne Bevilacqua, MBA | 03-27-2020

Please read this announcement from the SBA regarding their disaster loan program for new applications:   U.S. Small Business Administration   To submit an application:   Email: Email your completed document(s) as attachments to: disasterloans@sba.gov Any information you send to SBA via email is sent via an unsecured email link. Due to the nature of […]

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By Shayne Bevilacqua, MBA | 09-25-2018

Social media is a significant part of everyone’s lives now. Nearly every adult in the US spends some time on a social network whether it’s on Facebook, Twitter, WhatsApp or LinkedIn. There are many reasons why someone might spend time on these social networks, but some of the top reasons include sharing information about businesses, […]

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By Shayne Bevilacqua, MBA | 08-15-2018

Online reviews represent a crucial part of purchasing decisions. Four out of five customers would trust the feedback of a peer and whatever they have to say. Therefore, an outstanding series of reviews about you on Google, online directories, social media and other sites can help attract new clients. How To Collect Reviews There are […]

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By Shayne Bevilacqua, MBA | 03-12-2018

It’s getting tougher every year to make an impact in the world of ecommerce, yet there has been significant growth. In 2015, online sales were worth $1.6 trillion. In 2018, that figure is expected to be $2.5 trillion. However, ecommerce is becoming very crowded. Statistically only one in every twenty online shops will sell more […]

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By Shayne Bevilacqua, MBA | 02-16-2018

Running an accounting firm is not easy. There’s a lot of competition for your business, and the work is demanding, especially around the tax season when workloads are higher than normal. Completing work isn’t your only problem. There are numerous challenges which you could face daily that could be harming your accounting firm’s bottom line. […]

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By Shayne Bevilacqua, MBA | 05-01-2017

The world is becoming ever more digital. We are spending more time on social media, and this is leading to court cases as people disagree over its use. In recent years there have been numerous landmark social media lawsuits that have had a profound impact on how social media can be used within your business. […]

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By Shayne Bevilacqua, MBA | 02-28-2017

There is a strong possibility your business could suffer from a data breach. With 30,000 websites hacked every day and such big profile names mentioned in the past, including Sony and Ashley Madison, you might be mistaken to think that it is mostly large organizations that are targeted. However, this isn’t the case as 72% […]

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By Shayne Bevilacqua | 01-11-2017

Online reviews are important for businesses. Several studies and anecdotal case studies suggest that reviews are the driving force behind an increase in sales and higher purchase amounts. One study found that having 10 or more reviews increases the conversion rate by 54% for software companies. For legal firms, the importance of good reviews is […]

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