Sovereign is rolling out Nat Cat Radar &ndash; a tool that integrates satellite imagery, government data, and Sovereign policy information to help proactively identify insureds at risk of active wildfires.
Watch the video to see the tool in action.

This webpage and its contents, the Sovereign Nat Cat Radar app, the wildfire email alerts and any other emails you will receive regarding this program are intended for partners of Sovereign General Insurance Co. only and may not be forwarded or disclosed to any other persons without the express written permission of Sovereign. Any unauthorized use or disclosure is prohibited. The contents of this webpage, the video, the app and the wildfire alert emails do not constitute advice, and Sovereign makes no representations, warranties or guarantees of any kind with respect to the information contained in this webpage, the video, the app or the wildfire alert emails, including their accuracy. Sovereign is not responsible for any losses or damages arising out of, related to, or in connection with, the information contained in this webpage, the video, the app or the wildfire alert emails. 
The list of policyholders may include policies for which Sovereign does not provide any property coverage and this notification does not provide coverage where none currently exists.

Sovereign Nat Cat Radar

From unprecedented wildfires to record-setting hurricanes, the impacts of climate change are front and center today. While the heat is on governments to tackle what the United Nations calls &ldquo;the defining issue of our time,&rdquo; G7 leaders are failing to meet climate change objectives.&nbsp; Research from the Universal Ecological Fund found that most participating nations aren&rsquo;t hitting their 2030 climate goals.1 The Fund&rsquo;s &ldquo;The Truth Behind the Climate Pledges&rdquo; report examines carbon-emission reduction pledges made by 184 countries under the Paris Agreement. Nearly 75% of the commitments to reduce emissions between 2020 and 2030 are inadequate to slow climate change, and some of the world&rsquo;s largest emitters will continue to increase emissions, according to the report.&nbsp; That paints a pretty bleak picture for the health of the planet and its inhabitants. It paints a bleak picture for the business world as well. In the World Economic Forum&rsquo;s &ldquo;Global Risks Report 2020,&rdquo; the top five global risks are all environmental. 2 Those related to climate change include extreme weather events with major damage to property, infrastructure and loss of human life, and failure of climate-change mitigation and adaptation by government and businesses.&nbsp; All of this points to the importance of businesses taking steps to reduce their risks as they face the headwinds of climate change. While the issues vary from company to company and sector to sector, there are three main risks that all businesses should be preparing for:&nbsp; 1. Transition Risks In the fight against climate change, many companies are exposed to transition risks. These arise from the policy, legal, technology and market changes required to transition to &ldquo;net zero&rdquo; greenhouse gas (GHG) emissions, which means removing as much carbon from the atmosphere as is emitted. 3 As Deloitte notes, these risks can lead to increased business costs, undermine the viability of existing products or services, or affect asset values. 4 To mitigate transition risks, establishing risk assessments and targets is a good starting point. Taking action in the transition to net-zero requires businesses to look for new opportunities and ways to innovate. According to the Task Force on Climate-Related Financial Disclosures, opportunities include developing new products that are less carbon intensive; reducing operating costs by improving efficiency across production and distribution processes; and building resilience along the supply chain, for example, by shifting from fossil fuels towards renewable energy. 5 Businesses could also consider sourcing/buying local to help reduce the carbon footprint. 2. Physical Risks&nbsp; Physical risks of climate change include direct damage to assets, such as buildings and infrastructure damaged by flooding and forest fires, and indirect impacts such as disruption to supply chain and food systems. There are physical risks related to human health as well: hazards like heat stress could affect the ability of people to work outdoors, or in extreme cases, put human lives at risk. 6,7 While their effects are wide-ranging, physical risks receive less attention from businesses than carbon reduction. According to CDP, a non-profit organization that runs the global disclosure system of environmental impacts, companies reported double the number of transitional risks than physical risks, indicating that the physical side of climate change is still underestimated. 8,9 Perhaps this is partly due to their perception that they&rsquo;re protected from physical risks through their commercial insurance policy. Business owners needs to consult with their broker to confirm what coverage they have in place, and what may or may not be available, to protect their business from certain physical risks.&nbsp;&nbsp; McKinsey Global Institute notes that while companies and communities have been adapting to reduce climate risk, the pace and scale of adaptation need to significantly increase to manage rising levels of physical climate risk. Adaptation is likely to entail rising costs and tough choices that may include whether to invest in hardening (physically improve or building new infrastructure to make it less susceptible to damage) or relocate people and assets.10 3. Liability Risks The third area of climate-change risk is the potential liability for emitting greenhouse gases. An increasing number of legal cases have been brought against fossil fuel companies and utilities in recent years, holding them accountable for the damaging effects of climate change.11&nbsp;In fact, recent estimates suggest there&rsquo;s been nearly 1,000 climate change related class-action suits filed in 25 countries. Victoria, B.C., for example, became the first municipality in Canada to endorse a class-action lawsuit against oil and gas producers for climate-related harms last year.12 A report from global law firm Clyde &amp; Co notes that in view of the wide range of possible liability exposure, there is no simple or one-size-fits-all solution for companies that want to limit their exposure to litigation. However, there are a few points to keep in mind: companies that understand their transition risks and physical risks will be better placed to understand their liability exposures; liability risk will differ from jurisdiction to jurisdiction; and as science becomes more certain and knowledge grows around climate change effects, best practices will develop. 13 Today&rsquo;s environmental issues are not going away. Companies need to take responsibility for their actions and reduce their negative environmental impact. Now is also the time to start being proactive about climate-related risk mitigation and talking to your broker about how to protect your business.&nbsp; Sources 1 <a href="https://www.nationalgeographic.com/science/2019/11/nations-miss-paris-targets-climate-driven-weather-events-cost-billions/#close" target="_blank" rel="noopener">&ldquo;Most countries aren&rsquo;t hitting 2030 climate goals, and everyone will pay the price,&rdquo;</a> National Geographic, Nov. 5 2019.&nbsp;&nbsp; 2 <a href="https://www.weforum.org/reports/the-global-risks-report-2020" target="_blank" rel="noopener">&ldquo;The Global Risks Report 2020,&rdquo;</a> World Economic Forum, Jan. 15 2020. 3,5<a href="https://www.fsb-tcfd.org/wp-content/uploads/2017/06/FINAL-TCFD-Report-062817.pdf" target="_blank" rel="noopener">&nbsp;&ldquo;Recommendations of the Task Force on Climate-Related Financial Disclosures,&rdquo;</a> TCFD, Financial Stability Board, June 15 2017.&nbsp; 4,11 <a href="https://www2.deloitte.com/us/en/insights/topics/strategy/impact-and-opportunities-of-climate-change-on-business.html" target="_blank" rel="noopener">&ldquo;Feeling the heat? Companies are under pressure on climate change and need to do more,&rdquo;</a> Dec. 12 2019.&nbsp; 6&nbsp;<a href="https://www.cisl.cam.ac.uk/resources/publication-pdfs/cisl-climate-wise-transition-risk-framework-report.pdf" target="_blank" rel="noopener">Transition risk framework: Managing the impacts of the low carbon transition on infrastructure investments,&rdquo;</a> University of Cambridge Institute for Sustainability Leadership (CISL), 2019.&nbsp; 7,10 <a href="https://www.mckinsey.com/business-functions/sustainability/our-insights/climate-risk-and-response-physical-hazards-and-socioeconomic-impacts" target="_blank" rel="noopener">Climate risk and response: Physical hazards and socioeconomic impacts</a>; McKinsey Global Institute, Jan. 16 2020.&nbsp; 8&nbsp;<a href="https://www.cdp.net/en/research/global-reports/global-climate-change-report-2018/climate-report-risks-and-opportunities" target="_blank" rel="noopener">&ldquo;Global Climate Change Analysis 2018,</a>&rdquo; CDP, June 4, 2019&nbsp; 9&nbsp;<a href="https://blogs.worldbank.org/ppps/factoring-climate-risk-infrastructure-investment" target="_blank" rel="noopener">&ldquo;Factoring climate risk infrastructure investment,</a>&rdquo; World Bank, Aug. 29 2019.&nbsp; 12 <a href="https://www.osler.com/en/resources/regulations/2019/climate-change-litigation-arrives-in-canada" target="_blank" rel="noopener">&ldquo;Climate change litigation arrives in Canada,&rdquo;</a> Osler, Feb. 5 2019.&nbsp; 13&nbsp;<a href="https://resilience.clydeco.com/articles/new-liability-risks-to-businesses-directors-and-officers" target="_blank" rel="noopener">&ldquo;New liability risks to businesses, directors and offices,&rdquo;</a> Clyde &amp; Co, July 31 2019.

Top 3 climate change risks your business should prepare for

The vast majority of scientists agree that climate change is impacting weather patterns around the world. We see it in the sharp increase in natural disasters that affect people and businesses globally. In fact, the United Nations Office for Disaster Risk Reduction reports that worldwide losses from earthquakes, volcanoes, floods, hurricanes and droughts have risen 151% in the past 20 years. These losses totaled about $2.9 trillion &ndash; more than twice the total of the previous two decades.1 Events like the 2016 fires in Fort McMurray, which caused approximately $4 billion in insured losses to be paid out,2 are largely out of the control of your business. That&rsquo;s why it&rsquo;s so important to prepare your business as best you can to reduce the risks that our new reality brings.
<h4>Climate change is risky business</h4>
Here are just some examples of potential risks associated with weather pattern changes and increased natural disasters:
<ul>
<li>Construction and logistics disruptions: Heavy rains and storms can not only cause weather-related construction delays, but also road closures that impact your supply chain&nbsp;&nbsp;&nbsp;</li>
<li>Forced closures: An increase in extreme weather means more involuntary shutdowns because of power outages, repair work and increased absenteeism as employees struggle to get to work safely.</li>
<li>Higher or unstable energy costs: Unseasonably hot or cold temperatures can result in higher energy costs. Plus, the finite nature of our primary energy sources, coupled with increased government regulations, means more price volatility.3</li>
<li>Property damage: Severe weather, like flooding, fires and windstorms, increases the likelihood of costly property damage.</li>
<li>Resource and raw materials shortages: Droughts, floods and dramatic temperature fluctuations impact crop growth and can cause resource scarcity. It doesn&rsquo;t matter if the weather event happens close to home or in a country halfway around the world; if it affects your suppliers or your end market, your business could suffer.</li>
</ul>
<h4>Identify risks and prepare for them</h4>
Part of mitigating risks to your business includes anticipating and preparing for the impact of climate change. This includes mapping out all scenarios that unpredictable weather that&rsquo;s aggravated by climate change can bring. Here are some tips to help you do just that.
<ul>
<li>Enlist the help of experts to review long-term weather forecasts, rising sea-level, temperature and rainfall patterns as well as earthquake, flooding and drought risks will help identify areas of your business that are vulnerable.4</li>
<li>Use forecasting data to allow your company to adjust its supply chain, provide insights into whether it should move office and manufacturing locations from high-risk areas, and give input into the construction materials and methodologies that should be used.</li>
<li>Choose green alternatives and upgrades as part of your overall risk mitigation strategy that help reduce the risks associated with extreme weather events. As we know, you can prevent future losses by investing in loss prevention up front.</li>
<li>Implement an enterprise risk management program. This entails creating an overarching strategy for your business and then tailoring/fine tuning it for each supplier/customer and location as there may be different risks associated with each.</li>
</ul>
&nbsp;
With more unpredictable weather comes a need to not only prepare but also review your company&rsquo;s current insurance against the potential risks. This may require additional coverage or new products to safeguard your business. Natural disasters and weather problems affected by climate change are predicted to set Canadians back $5 billion per year by 2020.5 The threat is real and largely out of the control of your company. What your company can control is its level of preparedness. Now is the time to take an in-depth look at the potential risks to your business and develop a plan to minimize or eliminate them &ndash; putting Mother Nature in the backseat and you back at the wheel. 1 <a href="https://news.un.org/en/story/2018/10/1022722" target="_blank" rel="noopener">&ldquo;Disasters: UN report shows climate change causing dramatic rise in economic losses,&rdquo; </a>UN News, October 10, 2018. 2 Clarke, Dominic <a href="https://www.theglobeandmail.com/report-on-business/rob-commentary/canadian-business-must-prepare-for-insurance-in-the-age-of-climate-change/article35625031/" target="_blank" rel="noopener">&ldquo;Canadian Business must prepare for insurance in the age of climate change,&rdquo; </a>The Globe and Mail, July 9, 2017. 3 McKinsey Global Institute, <a href="https://www.mckinsey.com/business-functions/sustainability/our-insights/resource-revolution-tracking-global-commodity-markets">&ldquo;Resource Revolution: Tracking global commodity markets,&rdquo; </a>McKinsey &amp; Company, September 2013 Report. 4 Hauke Engel, Per-Anders Enkvist and Kimberly Henderson, <a href="https://www.mckinsey.com/business-functions/sustainability/our-insights/how-companies-can-adapt-to-climate-change">&ldquo;How companies can adapt to climate change,&rdquo; </a>McKinsey &amp; Company, July 2015. 5 Williams, Elin, &ldquo;A primer on climate change mitigation and adaptation,&rdquo; Canadian Professional Accountants of Canada, March 2016. &nbsp;&nbsp;&nbsp;

Climate volatility and what it means for your business

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In a traditional industry like insurance, change can sometimes happen at a gradual pace. But there&rsquo;s one emerging technology many businesses might be wise to move quickly on: Generative AI.
Hailed as a transformative force in business, Generative AI (GenAI) refers to deep-learning models that can generate high-quality text, images and other content based on the data they were trained on.1 While GenAI&rsquo;s roots trace back to the early days of artificial intelligence in the 1950s, the technology burst on the public scene in 2022, when OpenAI launched a consumer-facing GenAI tool called ChatGPT.2
In the insurance sector, experts say GenAI is &ldquo;fundamentally reshaping everything from underwriting and risk assessment to claims processing and customer service.&rdquo; More specifically, GenAI tools &ldquo;have the potential to automate processes, enhance customer experiences and streamline claims management, ultimately driving efficiency and effectiveness across the industry.&rdquo;3
In the Canadian Underwriter 2024 National Broker Survey, sponsored by Sovereign Insurance, brokers were asked how beneficial certain changes or investments have been in their organizations. Just over a fifth (21%) of respondents said using artificial intelligence and machine learning tools such as ChatGPT have been highly beneficial to them. Brokers were also asked how beneficial certain investments and actions have been for strengthening their business. Twenty-two percent of brokers indicated AI and machine learning tools have been highly beneficial on that front.&nbsp;
While it&rsquo;s still early days for generative AI, there&rsquo;s no doubt brokers and carriers alike are thinking about how they can harness the power of GenAI across their operations. Here&rsquo;s a look at a few key areas where the sector can leverage AI.&nbsp;
Claims management: For carriers, one promising application is in claims management, says Ricky Chan, Senior Solution Architect at Sovereign Insurance. &ldquo;Generative AI can help automate claims processing and assessment, which in turn increases adjusters&rsquo; productivity, allowing them to focus their expertise on more complex claims,&rdquo; he says.&nbsp;
Underwriting: GenAI can also help inform underwriting decisions. As Accenture notes, the technology highlights risk control analysis insights to show loss prevention measures in place and the effectiveness of those controls. Generative AI can generate a comprehensive narrative of the overall risk and its alignment to the carrier&rsquo;s appetite and book, as well as identify and source missing data.4
Submissions: For brokers, GenAI has a variety of promising use cases, such as submission preparation and client Q&amp;As. According to Accenture, the effort required to identify adequate coverage and prepare submissions can be dramatically reduced through GenAI. Specifically, the technology can prompt the broker on the types of questions they should ask based on what is known about the insured, the industry the insured operates in, and the risk profile of the insured&rsquo;s company compared to others. In addition, GenAI could identify potentially overlooked up-sell or cross-sell opportunities.5
Information and knowledge: For any company, GenAI can make day-to-day work life easier by performing administrative tasks and knowledge gathering, an area that Sovereign is currently exploring. &ldquo;There are substantial positive impacts to day-to-day operations, such as summarizing information and meeting minutes, intelligent information search and ease of access of information,&rdquo; says Ricky.&nbsp;
Chad Hunter, Vice-President, Information Technology at Sovereign Insurance, adds that Sovereign &ndash; like many companies &ndash; uses a handful of different platforms and domains, including e-mail, OneDrive, SharePoint and Microsoft Teams. By using a natural language chatbot or co-pilot tool, the company&rsquo;s knowledge and data could be streamlined. For example, &ldquo;instead of underwriters having to go to several different spots looking for knowledge, they could use the chatbot&hellip; and behind the scenes, that generative AI model will go to all the different areas and provide real-time responses,&rdquo; explains Chad.&nbsp;
What&rsquo;s next for GenAI? Beyond just talking about the possibilities of the technology, many companies in the insurance space &ndash; Sovereign included &ndash; are now testing and learning. Looking ahead, Deloitte notes that as generative AI moves from possibilities to practicalities, choosing the right use cases, selecting appropriate tools, getting to scale, and accurately measuring progress will all be important steps.6

Sources&nbsp;
1 IBM, &ldquo;<a href="https://research.ibm.com/blog/what-is-generative-AI">What is generative AI?</a>&rdquo; April 20,2023 2 Medium, &ldquo;<a href="https://matthewdwhite.medium.com/a-brief-history-of-generative-ai-cb1837e67106">A Brief History of Generative AI</a>,&rdquo; Jan. 7, 2023 3 EY, &ldquo;<a href="https://www.ey.com/en_us/insights/insurance/how-insurers-can-leverage-the-power-of-generative-ai">How insurers can leverage the power of generative AI</a>,&rdquo; Aug. 28, 2023 4 Accenture, &ldquo;<a href="https://insuranceblog.accenture.com/3-ways-insurance-underwriters-gain-insights-generative-ai">3 ways insurance underwriters can gain insights from generative AI</a>,&rdquo; March 21, 2024 5 Accenture, &ldquo;<a href="https://insuranceblog.accenture.com/5-key-generative-ai-use-cases-in-insurance-distribution">5 key generative ai use cases in insurance distribution</a>,&rdquo; Feb. 13, 2024 6 Deloitte, &ldquo;<a href="https://www2.deloitte.com/content/dam/Deloitte/us/Documents/consulting/us-state-of-gen-ai-report-q2.pdf">Now decides next: Getting real about Generative AI</a>,&rdquo; April 2024

Why the insurance sector should keep step with GenAI 

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Managing Risk

Even the most advanced technologies and significant investments in cybersecurity can&rsquo;t fully protect businesses from a major cyber risk: their own employees.
In the 2024 Voice of the CISO report by cybersecurity firm Proofpoint, 74% of survey respondents said human error is their most significant risk when it comes to cyberattacks. This finding is echoed in a 2023 study by Verizon, which found that human error is indeed a factor in 74% of total breaches, despite ongoing efforts by enterprises to strengthen their defences and increase training in cybersecurity.1,2
Employee training can fall short for several reasons: distractions in the workplace, a lack of awareness about the critical role employees play as the first line of defence, and the challenge of staying on top of the evolving threat landscape, to name a few.3
Small- and medium-sized businesses (SMBs) face an even bigger challenge: They might not have the resources to conduct employee training in the first place, relying instead on third parties to support their security measures. This can be a costly mistake.
Despite the perception that cybercriminals only target large corporations, certain types of attacks, such as social engineering, are more frequently aimed at small businesses. These companies are typically not financially prepared for an attack, and it could even put them out of business. According to IBM&rsquo;s 2023 Cost of a Data Breach Report, the average cost of a data breach on organizations with fewer than 500 employees is US$3.31 million.4,5
<h4>Simple steps for employee training in SMBs</h4>
While it may not be feasible for SMBs to regularly conduct extensive employee training sessions, mitigation strategies don&rsquo;t have to be complex. There are simple and cost-effective measures that can be easily understood and adopted, making it possible for SMBs to strengthen their cybersecurity efforts.
Make employees aware of the critical role they play: First and foremost, employees must understand the &ldquo;why.&rdquo; According to a 2023 survey by the Insurance Bureau of Canada, many employees underestimate the role they play in being cyber safe at work and the impact of potential cyberattacks on their employer. Nearly half (47%) believe technology plays more of a role in protecting their workplace from cyber threats than they do; 30% believe their employer is solely responsible for protecting the organization from cyber threats; and 31% do not believe cyber criminals would target them.6
Whether it&rsquo;s in the form of interactive workshops or channels like emails and posters, employers should regularly communicate security awareness to staff. When they are aware of the importance of cybersecurity and their role in safeguarding their company, employees are more likely to take this issue seriously and report suspicious activities.7,8
Educate employees about common and evolving threats: Educating staff about different types of cyberattack, how to spot them, and how to respond to them is crucial for protecting against breaches. Recognizing phishing tactics, for example, includes identifying suspicious emails, unusual requests, and fake websites. Staff should also be clear on who to contact if they encounter a suspicious message. In a social engineering attack, cybercriminals may mimic the writing style of a CEO to trick an employee into sending money. In this case, businesses should have dual controls in place, meaning a second person should verify the request.9,10
As part of awareness training, SMBs can take advantage of free online resources, such as webinars, toolkits, articles and e-learning courses from cybersecurity organizations like the <a href="https://www.cyber.gc.ca/en/small-medium-businesses" target="_blank" rel="noopener">Canadian Centre for Cyber Security</a> and the <a href="https://www.unb.ca/cic/webinars.html" target="_blank" rel="noopener">Canadian Institute for Cybersecurity</a>, the Government of Canada&rsquo;s <a href="https://www.getcybersafe.gc.ca/en/resources/get-cyber-safe-guide-small-businesses#C7" target="_blank" rel="noopener">Get Cyber Safe</a> platform, as well as cybersecurity firms.
Other ways to keep employees informed are through newsletters with tips, news about recent threats and best practices; informal lunch-and-learn lessons where employees can share news and insights; and a database or guidebook where employees can stay up to date on the latest threats and find answers to their cybersecurity questions.11,12,13
Nurture a cybersecurity culture: A strong culture of cybersecurity &ndash; meaning it&rsquo;s entrenched in the company&rsquo;s values &ndash; is essential. SMBs should lead by example, showing the company is committed to cybersecurity at all levels. This makes employees more likely to follow suit. Since employee engagement is a key element of building a cybersecurity culture, business leaders should also recognize and reward employees who demonstrate good practices.14
Another way to build a strong cybersecurity culture is to speak employees&rsquo; language. Experts advise communicating in plain language, avoiding technical jargon and focusing on practical advice employees can use daily. For example, rather than using the term &ldquo;multi-factor authentication,&rdquo; they can explain there is an extra layer of security when logging in.15
Additionally, fostering open communication and a &ldquo;no-blame culture&rdquo; is essential. Employees should feel comfortable asking questions, reporting suspicious emails and voicing concerns without fear of reprisal.16
While SMBs may face resource constraints, the cost of not investing in cybersecurity &ndash; even in the simplest of ways &ndash; is far greater. By prioritizing employee awareness and creating a strong cybersecurity culture, businesses can turn their weakest link into their strongest line of defence.
&nbsp;
&nbsp;
Sources
1 Proofpoint, &ldquo;<a href="https://www.proofpoint.com/us/newsroom/press-releases/proofpoints-2024-voice-ciso-report-reveals-three-quarters-cisos-identify" target="_blank" rel="noopener">Proofpoint&rsquo;s 2024 Voice of the CISO Report Reveals that Three-Quarters of CISOs Identify Human Error as Leading Cybersecurity Risk</a>,&rdquo; May 21, 2024
2 Verizon, &ldquo;<a href="https://www.verizon.com/about/news/2023-data-breach-investigations-report" target="_blank" rel="noopener">2023 Data Breach Investigations Report: frequency and cost of social engineering attacks skyrocket</a>,&rdquo; June 6, 2023
3 Skillsoft, &ldquo;<a href="https://www.skillsoft.com/blog/why-security-training-fails-and-how-to-fix-it" target="_blank" rel="noopener">Why Security Training Fails And How To Fix It</a>,&rdquo; June 3, 2022
4 &nbsp;StrongDM, &ldquo;<a href="https://www.strongdm.com/blog/small-business-cyber-security-statistics" target="_blank" rel="noopener">35 Alarming Small Business Cybersecurity Statistics for 2024</a>,&rdquo; Feb. 1, 2024
5 Business.com, &ldquo;<a href="https://www.business.com/articles/smb-budget-for-cybersecurity/" target="_blank" rel="noopener">The Cost of Cybersecurity and How to Budget for It</a>,&rdquo; Aug. 13, 2024
6&nbsp; Insurance Bureau of Canada, &ldquo;<a href="https://www.ibc.ca/news-insights/in-focus/ibcs-research-suggests-business-owners-and-employees-could-be-putting-their-organizations-at-risk" target="_blank" rel="noopener">Are you cyber savvy? IBC&rsquo;s research suggests business owners and employees could be putting their organizations at risk</a>,&rdquo; Nov. 6, 2023
7 LinkedIn, &ldquo;<a href="https://www.linkedin.com/advice/1/you-need-communicate-security-awareness-your-ob68f" target="_blank" rel="noopener">You need to communicate security awareness to your employees. What are some effective ways?</a>&rdquo;
8 FasterCapital, &ldquo;<a href="https://fastercapital.com/content/Train-your-employees-on-cybersecurity.html#The-Importance-of-Cybersecurity-Training-for-Employees" target="_blank" rel="noopener">Train your employees on cybersecurity</a>,&rdquo; June. 4, 2024
9 Pure IT, &ldquo;<a href="https://www.pureit.ca/five-ways-small-businesses-can-stop-a-cyber-breach-from-ever-happening/" target="_blank" rel="noopener">Five Ways Small Businesses Can Stop A Cyber Breach From Ever Happening</a>&rdquo;
10 Teal, &ldquo;<a href="https://tealtech.com/blog/cybersecurity-awareness-training-for-employees/" target="_blank" rel="noopener">5 Ways to Promote Employee Cybersecurity Awareness Training</a>,&rdquo; July 25, 2024
11 Mitnick Security, &ldquo;<a href="https://www.mitnicksecurity.com/blog/remote-security-tips" target="_blank" rel="noopener">Remote Security: 5 Cyber Security Tips for Employees and Businesses</a>,&rdquo; Feb. 22, 2024
12 The AME Group, &ldquo;<a href="https://www.theamegroup.com/headlines/engage-employees-to-increase-cyber-safety/" target="_blank" rel="noopener">Engage Employees To Increase Cyber Safety</a>&rdquo;
13 &nbsp;Compyl, &ldquo;<a href="https://compyl.com/blog/cybersecurity-awareness-training-for-small-business/" target="_blank" rel="noopener">Getting Started With Cyber Security Awareness Training for Small Business</a>,&rdquo; Sept. 5, 2024
14 Babylon Solutions, &ldquo;<a href="https://www.babylonsolutions.com/cybersecurity-guide-for-small-businesses-how-to-protect-your-company/" target="_blank" rel="noopener">Cybersecurity Guide for Small Businesses: How to Protect Your Company</a>,&rdquo; Oct. 7, 2024
15 SMB Solutions: &ldquo;<a href="https://www.smbsolutions.com.au/10-easy-steps-to-building-a-culture-of-cybersecurity-awareness/" target="_blank" rel="noopener">10 Easy Steps to Building a Culture of Cybersecurity Awareness</a>,&rdquo; Aug. 23, 2024
16 Tripwire, &ldquo;<a href="https://www.tripwire.com/state-of-security/cultivating-cybersecurity-culture" target="_blank" rel="noopener">Cultivating a Cybersecurity Culture</a>,&rdquo; Jan. 23, 2024

Empowering employees to help prevent cyberattacks

Considering the growing shift towards online business operations, it's becoming increasingly vital for small and medium-sized businesses to prioritize cyber security. Here are ten tips to enhance your business&rsquo; cyber security:

Sovereign Nat Cat Radar

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