The Expert Podcast

So, how do all these hacks and ransomware and uh fraudulent invasions of your computer system happen? Well, they always start with a weak point. You got to remember your computer system at your business or even at your home has dozens and dozens of devices that are connected to the internet. You have routers and modems and phones and computers. even things like safety gates and security gates and um maybe at our uh swipe card uh terminals. There are dozens of smart devices connected to the internet at your company or your home or anywhere. Even smart light bulbs are connected to the internet.
So what happens is the hackers find a way to break into one of these small devices. Now, that small device might not get them into your whole network, but it'll get them into where they could find out more details. They can find out passwords. They can watch for web traffic to get into it. And this is where they get in. It's compromised firewalls and VPNs.

If you're a company, it's even worse because if they get into your records, they can shut down your accounts receivable. They can contact your vendors. They can divert money. They can do all kind of bad stuff. And according to this article that came out today, you will be back in your video in just a few seconds.

In the meantime, remember that actualhum.com offers you live one-on-one private video consultation with an expert in this exact subject. We want to listen to your story. We want to hear your questions. We want to give you expert advisement of your options and tell you what we know about your particular situation.

Now, back to your video. It's being recorded on March 24th. The cyber insurance market is predicted to boom as vulnerabilities explode. So, if you don't have cyber insurance, think about this. Whatever you're paying for cyber defense, if you have an employee, if you have an IT person, a cyber liability insurance probably policy probably costs you less per year than that employee. And it normally includes active monitoring of your network, a response team. That's probably cheaper than an employee. Plus, you get the insurance. It's almost like you get monitoring of your network for the price of an employee and you get the insurance for free. So, if something happens, you get paid off.

So, check into cyber insurance. You can click the link below if you want to get more information or even quotes on what a policy would cost and see if it would cover active monitoring of all your devices. See if it would cover a response if something happens because these are not going away. According to this article, it's going to explode in 2025.

And you don't want to be on the receiving end and have all your computers shut down where your staff, your salespeople, your accountants, your bookkeepers, they can't get a hold of any information because you're kind of out of business. And if you're, uh, out of business, you won't be having any revenue, no income to pay your payroll or other expenses. So, um, take a look at it to see if that's a risk that you have and you want to look at covering up that risk.

Thank you for watching another episode of Actual Human Advisory on Describe TV. Remember, we have live one-on-one consultation appointments available at actualhum.com where you can book a one-on-one undivided attention live call with a licensed investigator, a licensed insurance broker, a licensed mortgage broker, real estate broker. Uh I'm also a certified real estate title examiner, a certified civil court mediator along with having developed and started over 15 businesses, several of which were sold for millions of dollars. So if you do have questions in any of those categories, you can arrange a one-on-one live video consultation. Use the link below and we'll see you on the next.