“Because people don’t fully understand technology, hackers and criminals find this as an opportunity to attack and get an edge. This is why cybersecurity is so important.”
Shea McNamara, the Co-Founder and Head of Sales at Limit, focuses on melding technology and risk management for people and businesses around the world so they can achieve their aspirations. Due to the increasing amounts of cyber attacks happening in businesses, Shea shares why it’s important to invest in Cyber Insurance to counteract these pitfalls. Listen in as Shea explains what Cyber Insurance is and why every business should take time to obtain it to stay safe and secure.
What You’ll Learn in this episode:
- The reason why we are seeing an increase in Cyberattacks, how to fix that, and what can happen when you don’t have Cyber Insurance
- Why smaller companies are hot spots for cyber attacks and how cyber insurance can keep your brand reputable
- Why you should enable MFA in any program that you’re using
Things to listen for:
[02:29] What is a brokerage system
[08:11] The in’s and out’s of Cyber Insurance
[13:28] The difference between Cyber Insurance and Cyber Liability Insurance
[14:42] Who is Cyber Insurance for and why is it important?
[18:17] How Cyber Insurance has evolved over the years and Shea’s predictions for the future
[24:55] Why Trava and Limit’s partnership is beneficial for customers on both sides
[27:35] Closing thoughts from Shea