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It is incredibly difficult to defend your system against employees clicking on phishing links that they shouldn’t be clicking on. Contact us today to get a quality cyber policy for your clients.

What is Key Logging Malware?

Keylogging malware is a malicious form of software that can be secretly installed on your insured’s computers to track personal and sensitive information as it is typed on a keyboard. That information can then be used by the thief for fraud and identity theft. Many senior executive officers handle their personal banking at work and money can be transferred by hackers easily once their credentials are compromised.
 
Claims Example: Hotel Business Centers
The U.S. Secret Service advised the hospitality industry to inspect computers made available to guests in hotel business centers, warning that crooks have been compromising hotel business center PCs with keystroke-logging malware in a bid to steal personal and financial data from guests. “The suspects were able to obtain large amounts of information including other guest’s personally identifiable information (PII), log in credentials to bank, retirement and personal webmail accounts, as well as other sensitive data flowing through the business center’s computers.”
 
How Can I Make Sure My Client is Covered?
Many times cyber policies will restrict coverage to theft or transfer of the “organization’s funds.” You need to make sure there that “Theft of Personal Funds” is specifically mentioned in the policy wording. If you are looking to ensure that your client has quality coverage in place in the event of a cyber-attack, please contact Patrick Costello (contact info above) or click the quote/appointment buttons below.

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