A voter-profiling company was able to harvest data of 50 million Facebook profiles even though only about 270,000 users agreed to hand over their information. So maybe now is a good time to check your privacy settings and take a few other steps to safeguard your data.

It's taken a lifetime to build your business and your reputation. Don't lose it in a few minutes. Here are 10 reasons why a cyber liability policy is an investment in your business.

The number of drivers on Canadian roads is now around 8 million and rising every day, which means more and more opportunities for accidents and injuries. However, with more driver-assist technologies to help prevent accidents and, ultimately, injuries these opportunities should be decreasing. Are they? Well, not yet but there is hope.

Bill Buckingham and Katie Fisher of Wedgwood Insurance talk about the realities of cyber attacks on small businesses. Think it could never happen to your business? Think again.

What do Uber, Best Buy Canada, Rogers Communications have in common? All these companies have been victims of a data breach totaling millions of stolen records that include personal information such as social insurance numbers, credit card numbers and bank account numbers.

If your company handles critical assets such as customers’ personal data, intellectual property or proprietary corporate data,

Image courtesy: kaspersky.com

When you think of Newfoundland & Labrador, fishing may come to mind, and why not? It’s what the province was founded on when the first settlers discovered our rocky shores - intrepid fishermen, baiting their lines and casting their nets. Fast forward 500 years and a new form of baiting – called phishing - is on the rise and the financial implications are huge.

Tis the season! With Christmas just around the corner, online shopping is getting in full throttle with the upcoming #BlackFriday & #CyberMonday sales. It's a killer combination, fishing for sweet deals on Christmas gifts while enjoying a cup of joe in one hand and shop till you drop on your laptop in the other.

However, you aren't the only ones cashing in on all the holiday sales. Hackers will be going phishing... and your wallet & personal info is their ultimate catch.

It's that moment they warn you about. Melissa was at the point of no return when the light turned yellow. Cue the slow motion chain of events that found her locking bumpers with a young man in the intersecting lane, who had flown thru what we knew would be a green light. He told the police officer she had run a red light. But Melissa had something the other driver didn't... proof.

While there was some, admittedly embarrassing, audio of her singing along to the latest Taylor Swift jam, her dashcam showed who was really at fault.

Outside of my own business, I’m a consumer, just like anyone else. I’ve experienced the frustrations of dealing with the dreaded “queue”, you know where you get the message, “All our representatives are busy right now – please hold, your call will be answered by the next available representative.”

It could be even worse if you got the…” your wait time is approximately 42 minutes.” message. How can a business model even exist that presents that as customer service? But I digress……

How Wedgwood was targeted and how our processes prevented a $35,000 scam…. Anyone who thinks Cyber Risk is only for large companies is mistaken. While complex cyber attacks on large corporations get all the news, it’s the smaller, well organized scams targeting small and medium size businesses that are doing the damage. It’s going on every day, businesses are being scammed, and nobody is talking about it. On December 12th, 2014 a very authentic looking email was received at our office, that appeared to be an internal email, requesting our administration department to wire transfer $35,000. A word document was attached with instructions. The tone of the email was very authentic. Note that the domain on the “From email’ has been changed to .co from .com. - everywhere else in the message, the wedgwoodinsurance.com domain remains unchanged. Unless you read the email VERY carefully, it would be very easy for this to go unnoticed. Wedgwood has a verification policy before any wi ...