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$200,000: The Average Cost of a Cyber Attack on a US Business

Brett Weller February 2, 2020May 28, 2020 Featured
$200,000: The Average Cost of a Cyber Attack on a US Business

Nearly all small business owners don’t see the need for proper cyber security…yet, 43% of all cyber attacks happen to small businesses in the US, with 60% going out of business when it occurs. #CyberAwareness #CyberSecurity #Transmosis #SmallBusiness https://zurl.co/tjgJ

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Cyber Security stats and research figures of 2019

Brett Weller January 2, 2020May 12, 2020 Blog, Featured
Cyber Security stats and research figures of 2019

Many stats and figures detailing key shifts in 2019, such as the US market moving to SOC monitoring (real humans) allowing for threat detection vs threat prevention, and research from BCG declaring that financial advisors are 300 times more likely

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Top 12 Data Breaches of 2019

Brett Weller December 22, 2019May 12, 2020 Blog
Top 12 Data Breaches of 2019

Top 12 Data Breaches of 2019 #databreach #iotcybersecutiy #IoT #transmosis

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Transmosis wins Workforce Grant from the State of Nevada Governor’s Office

lhg-carl April 6, 2016April 30, 2020 Blog, Research
Transmosis wins Workforce Grant from the State of Nevada Governor’s Office

Partnership with the City of Henderson will launch STEM Workforce Accelerator Henderson, NV – February 11, 2016 – Transmosis, a nationally recognized workforce accelerator founded by Silicon Valley technology entrepreneurs, today announced it has won a grant from the Governor’s Office

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The U.S. Must ‘Reshore’, Not Offshore Jobs (EDITORIAL: Real Clear Markets)

lhg-carl December 29, 2015April 30, 2020 News and Research
The U.S. Must ‘Reshore’, Not Offshore Jobs (EDITORIAL: Real Clear Markets)

Editorial, Chase Norlin Every major presidential candidate, even those most beholden to Wall Street, says he or she opposes the offshoring of American jobs. Like vows to “defeat ISIS” and “repair our crumbling infrastructure,” the nationalist cri de couer against “shipping

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Transmosis responds to Covid-19 with bundled home office cyber protection solution

  COVID-19 Crisis Response
RANSOM PROTECT

RansomProtect pays up to $25,000 for expenses associated with a ransomware attack only. It provides rapid payments if a ransomware attack circumvents the CyberOps software and allows you to determine the best use of funds.
 
If a ransomware event occurs, sponsors should notify CyberOps within 48 hours with proof of the event and evidence that ransomware monitoring software was installed and current with all security patches. Reimbursement of the FULL contracted amount will be made withing 15 days – no adjuster, no lengthy claims process.

Ransomware Liability

Unlike Ransom Protect, Gold and Silver bundles provide full insurance coverage of ransomware events up to the policy limit ($100,000 to $2,000,000). A streamlined enrollment is completed with your purchase of either bundle, and losses are subject to claims adjustment.

Exclusion List

It is TRUE that the Company’s Core Products or Services DO NOT include any of the following:

  • Accreditation Services Provider
  • Adult Content Provider
  • Airlines
  • Credit Bureau
  • Collection or Repossession Agency
  • Cryptocurrency Exchange/Crypto Mining/Storage or Wallet
  • Data Aggregator (Financial, Healthcare, Retail)
  • Data Broker
  • Health Exchanges
  • Direct Marketer
  • Gambling Services Provider
  • Telecommunications Company
  • Third Party Claims Administrator
  • Staffing/PEO Organisations
  • Manufacturer of Life Safety
  • Marijuna/ Marijuna Products
  • Media Production Company
  • Online Exchange or Content Site
  • Payment Processor
  • Peer To Peer File Sharing
  • Social Media
  • Online/Video Gaming
  • Search Engine Provider
  • IOT Manufacturers
  • Political Sites/Political Figures
  • Surveillance
  • Depository Institution (>25% E-Commerce)
  • Unities

Contact Us for standalone CyberOPS protection quote if your company industry is on the exclusion list

Cybersecurity Liability Insurance

CyberOps is a fully integrated cybersecurity and cyber insurance platform focused on protection, remediation and recovery. By deploying CyerOps 24/7 live Security Operations Center technology with our bundled cyber liability coverage, you are in the strongest position possible to not only prevent most cyberattacks, but recover from those that penetrate your security. The integration of CyberOps technology and insurance offers the following advantages to our small business customers:

1. Streamlining your cybersecurity liability insurance enrollment by satisfying insurance carrier IT requirements.

2. Optimizing the insurance claims process with timely, automatic loss notification and transparent recording of suspicious network traffic, enabling more efficient claim processing for the fastest and largest payout to get your business up and running again.

Cybersecurity Liability Insurance

CyberOps is a fully integrated cybersecurity and cyber insurance platform focused on protection, remediation and recovery. By deploying CyerOps 24/7 live Security Operations Center technology with our bundled cyber liability coverage, you are in the strongest position possible to not only prevent most cyberattacks, but recover from those that penetrate your security. The integration of CyberOps technology and insurance offers the following advantages to our small business customers:

1. Streamlining your cybersecurity liability insurance enrollment by satisfying insurance carrier IT requirements.

2. Optimizing the insurance claims process with timely, automatic loss notification and transparent recording of suspicious network traffic, enabling more efficient claim processing for the fastest and largest payout to get your business up and running again.

Additionally, contractual partners and persons are also covered under this policy as defined:

Insured also means any natural person or entity for whom an Organization is required by written contract or agreement to provide insurance coverage under this Policy (hereinafter “Additional Insured”), but only with respect to Claims:
a. arising out of any Incident committed after the Organization and the Additional Insured entered into such written contract or agreement;
b. or any Incident committed by, on behalf of, or at the direction of the Organization; and
c. subject to the lesser of the limits of insurance required by such written contract or agreement between the Organization and the Additional Insured, or the applicable Limits of Insurance of this Policy.

Additionally, contractual partners and persons are also covered under this policy as defined:

Insured also means any natural person or entity for whom an Organization is required by written contract or agreement to provide insurance coverage under this Policy (hereinafter “Additional Insured”), but only with respect to Claims:
a. arising out of any Incident committed after the Organization and the Additional Insured entered into such written contract or agreement;
b. for any Incident committed by, on behalf of, or at the direction of the Organization; and
c. subject to the lesser of the limits of insurance required by such written contract or agreement between the Organization and the Additional Insured, or the applicable Limits of Insurance of this Policy.

Social Engineering Cyber Crime Coverage

Cybercrime / Social Engineering: Cybercrime is the theft of actual monies or securities via fraudulent electronic transfers. Unlike traditional cyber insurance that primarily covers IT systems and intangible assets like data, this coverage responds to the loss of physical, tangible financial assets. Social engineering – the manipulation of people into divulging confidential information – is often used in this context to facilitate wire or computer fraud.

Social Engineering Cyber Crime

Cybercrime / Social Engineering: Cybercrime is the theft of actual monies or securities via fraudulent electronic transfers. Unlike traditional cyber insurance that primarily covers IT systems and intangible assets like data, this coverage responds to the loss of physical, tangible financial assets. Social engineering – the manipulation of people into divulging confidential information – is often used in this context to facilitate wire or computer fraud.

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