Berkley Financial Specialists News

Cyber security is more important than ever during the COVID-19 pandemic. With many of us working remotely, this creates new opportunities for hackers. Hackers are opportunistic – so they have turned from sending phishing emails to focusing on some of the other tools being used today such as collaboration platforms. Remember – working from home […]

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Analysis indicates 14,000 newly registered cyber-squatted domains in a single month finds 55% to be malicious or potentially fraudulent. In a report released earlier this month, Palo Alto Networks collected information on newly registered domains in December 2019, and found 13,857 domains classified by its software as cyber-squatting based on lexical analysis. Large companies that […]

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The US Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA) has published a security alert warning of cyber criminals using phishing emails to deploy KONNI malware on target machines. KONNI is a remote administration tool (RAT) cyber attackers use to steal files, captures keystrokes, take screenshots and execute malicious code on infected machines. […]

The post DHS CISA Published Security Alert Warning of Phishing Emails Rigged with KONNI Malware appeared first on Berkley FinSecure.

Effective immediately, Berkley FinSecure is excited to introduce Global Intake, an enhanced online reporting tool for new Workers Compensation claims powered by our Third Party Administrator (TBA) Sedgwick. Global Intake simply replaces our existing online reporting tool with a fresh and more modern look, coupled with greater security and ease of use. Access to Global […]

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Our partners at NetDiligence / eRiskHub have published the following article regarding Microsoft 365®. Cyber criminals are increasingly using weak Microsoft 365® (formally called Office 365) security configurations to obtain/falsify the credentials of legitimate organizational users, and then use them to ill effect via Business Email Compromise (or “BEC”) attacks. BEC attacks tend to involve […]

The post IMPROVING SECURITY FOR MICROSOFT 365® Mitigating Business Email Compromise (BEC) Issues Related to Insecure Microsoft 365® Environments appeared first on Berkley FinSecure.

Your Disaster Preparedness Plans May Be Impacted By COVID-19 The 2020 Hurricane Season is once again expected to reach an above average season with 13-19 named storms, 6-10 hurricanes and possibly 3-6 major hurricanes. The average hurricane season consists of 12 named storms of which 6 become hurricanes and 3 become major hurricanes. As many […]

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On Monday, April 13th, the FBI issued an industry alert warning regarding rapidly emerging business email compromise (BEC) schemes related to procurement of personal protective equipment (PPE) and other equipment in short supply in the midst of the current COVID-19 pandemic. The warning reported on evolving schemes and deceptions being committed by criminals looking to […]

The post FBI Warns of Increased Fraud Schemes During Midst of COVID-19 Pandemic appeared first on Berkley FinSecure.

Commercial Insurance buyers are being asked to pay more at renewal for the first time in a decade. With the exception of workers compensation, all lines of commercial insurance are currently experiencing moderate to significant rate increases. There are multiple drivers of this reversal from years of price decreases. Macro factors like sustained low interest […]

The post Wait A Minute – Insurance Costs Can Go Up? appeared first on Berkley FinSecure.

Berkley FinSecure has expanded its Property & Casualty appetite to address the needs of the Financial Institutions industry. As a focused leader in the Financial Institutions space, we’re bringing our experienced underwriters and claim team beyond our traditional appetite. Please see below to learn more about our expanded appetite and contact one of our trusted […]

The post Berkley FinSecure Offers Customized Coverage Specifically Designed for P&C Exposures appeared first on Berkley FinSecure.