August 2020

2020 has been a brutal year for many businesses. First COVID-19 struck leaving many business leaders blindsided and their companies crippled. Some businesses have thrived, some have survived, some have eked by and others have folded. Paycheck Protection Program (PPP) loans have helped some businesses, but for many, the help was too little too late. Also, the nature of the pandemic has insulated most commercial insurance companies from paying business interruption (revenue replacement) claims to businesses. The majority of business interruption commercial insurance policies are tied to a property policy and only triggered if property is actually damaged.

2020 has turned the world on its head and sent legions of employees home to do their work remotely.  And, this sudden shift has created opportunities for cybercriminals to prey on unsuspecting workers and newfound cyber vulnerabilities.