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Carmel Cyber Risk Insurance Concerns

Business owners now realize that no one is safe from a cyber attack. The risk of an intrusion against every business model has become so prevalent that it now makes the news on a regular basis. There have been attacks on everyone from major corporations, to small businesses, and even the White House was breached. This should serve as a reminder to many small business owners here in Carmel that they should invest in Carmel cyber risk insurance as part of their coverage package since they too may be vulnerable and should take steps to avoid similar attacks from data thieves.

Many companies in the area can greatly benefit from business insurance that deals specifically with cyber theft and cyber breaches and the resulting expenses incurred directly after a theft occurs. Once hackers get into your system, it doesn’t take very long to steal records, along with the concern that the data theft could also occur from within the company, either intentionally or unintentionally.

Some breaches occur from trusted insiders

Practically every company has sensitive information in their computers and an unauthorized person may be able to access this information, including a disgruntled worker who may be simply seizing an opportunity to profit by stealing personal records. Any business collecting and storing sensitive information from customers, including credit card information, contact information, social security numbers, medical information, etc. is a prime candidate for data theft.

Ways to reduce risks for cyber-attacks

Constantly changing the passwords you and your employees use to log into your technology systems on a regular basis can lower your odds of an attack. Avoid emailing sensitive information, or use a secured email service and have employees lock their computer screens anytime they are away from their desks for any length of time.

You should document all visitors and avoid allowing un-escorted or unsupervised visitors access to your offices. Also, don’t open strange attachments or click unusual links in emails, especially from unknown senders that might introduce a virus into the system. Finally, have a written policy in place so that all employees understand the expectations and rules regarding how your business handles sensitive data.

To protect your small business from the damage caused by these types of exposures, consider a Carmel cyber risk insurance policy. Speak to an agent that can help you identify the risks your business may face before, during, and after an attack occurs.

Cyber Concerns and Professional Liability Risk Advisors

Hacker on Laptop

Real estate agents have to be concerned with cyber crime threats, due in large part to the new technology being placed into homes to make life easier and more convenient for homeowners. If a person can control their alarm system, door locks, thermostat and other products in their homes via their smartphone, how long would it take a hacker to figure out how to accomplish this as well? Professional liability risk advisors want real estate agents to be aware of these exposures and may provide coverage for any potentially damaging lawsuits resulting from such a breach.


Japanese-manufactured LIXIL has created a smart toilet, Satis, which is extremely expensive (as much as about $6,000), and not readily available in the U.S. Researchers at the security firm Trustwave reverse-engineered an Android app for the Bluetooth-controlled Satis. It probably won’t be long before U.S. residents can also have access to this type of technology. While the question remains why on earth anyone would ever want to connect a toilet to the Internet for the purpose of recording a “toilet diary,” even more disconcerting is why a person would want to hack a smart toilet.


There are people out there that have made it there job to prove that they can gain access to practically anything that is controlled or accessible via a computer. It is there way of showing that it’s vulnerable and it helps those in the business of halting cyber crimes to understand these new security risks associated with smart devices connected to the web.


Advantages of hacking a Satis smart toilet


An attacker targeting this device could simply download the “My Satis” application and use it to cause the toilet to flush repeatedly; raising water usage and along with it utility costs to its owner. Attackers could also cause the unit to open and close the lid repeatedly, activate bidet or air-dry functions, all causing extreme discomfort or distress to the owner.


While this may be viewed as nothing more than a prank, it does raise the question of what other security risks might exist if an attacker could easily access other items inside the home. The point here is that cyber threats are a real concern, both as a privacy issue, and also the threat of financial losses. Professional liability risk advisors can help real estate agents address these important coverage issues.


photo credit: Ian Sane cc