Content Tagged: "Cybercrime"

Emmett Long, CIC, rental risk adviser and ARA Insurance preferred agent, offers tips that have helped his insureds navigate through losses perpetuated by cybercriminals.

There are sources out there saying that in 2023, cybercrimes could cost businesses $10.5 trillion and that the average cost of a business email compromise attack is $130,000. The stats go on and on, but the chilling bottom line is that we are vulnerable to costly cybercrimes every day.

There are sources out there saying that in 2023, cybercrimes could cost businesses $10.5 trillion and that the average cost of a business email compromise attack is $130,000. The stats go on and on, but the chilling bottom line is that we are vulnerable to costly cybercrimes every day.

Hello, American Rental Association (ARA) Region Five members. Amid all our normal day-to-day activities, we always need to be mindful of forces that want to disrupt our businesses. I am talking about cyber hackers. This is a real threat, whether you are a small or large operation. Learn in this issue how to take the appropriate precautions. On a more positive note, the state chapters in our region have been busy offering great member events.

The approach to our slower season is always a good time to look at improving our businesses — especially in the area of cybersecurity due to all the risks that go along with that. Recently at our company we implemented dual authentication and email training. We luckily have not had any issues, but I wanted to make sure that we were being proactive.

Cyberthieves intruded in a routine trailer purchase by Ideal Rent-All, Mount Vernon, Wash., from Croft Trailer Supply, Kansas City, Mo.

The more we rely on technology, the more we increase the risk of a cyber breach. According to the Canadian Anti-Fraud Centre, there have been over 150,000 reports of cyberfraud in Canada with over $600 million stolen since January 2021. The stats go on and on, but the chilling bottom line is that we are vulnerable to costly cybercrimes every day.

This summer has been extremely hot and challenging for our crews. Besides the weather, another significant threat is cybertheft. Learn how to protect your operation.  

Hello, American Rental Association (ARA) Region Nine members. Between the massive rains, mudslides and then extreme heat, it has been a challenging time. Cyberattacks are also a concern. Discover ways to protect yourself, find educational resources to take advantage of, learn who in our region deserves extra congratulations and see how you can benefit from connecting with your rental peers.

The statistics are clear: Cybersecurity threats are escalating in number and sophistication at an alarming rate. 

It all started in late October following the rental company’s transition of its day-to-day accounting functions several months earlier from the longtime chief financial officer (CFO) to a trusted employee who had been with the company for many years. 

As a means of helping members counter ever-evolving threats posed by cybercriminals, the American Rental Association (ARA) offers a new partnership with Network Coverage, a firm that provides information technology solutions and managed cybersecurity services.

In 2021, the average ransom demanded by cybercriminals increased by 20 percent to $1.8 million. 

As a means of helping members counter ever-evolving threats posed by cybercriminals, the American Rental Association (ARA) offers a partnership with Network Coverage, a firm that provides information technology solutions and managed cybersecurity services. 

Cybersecurity has always been a concern of Scott Bryant, owner, Bryant’s Rent-All, Lexington, Ky. That concern intensified after attending an ARA of Kentucky meeting on this topic last year.

Learn about cybersecurity and find tips to reduce your risk.

A look at the types of cyber emergencies.

Instill the importance of knowing the basics of good cybersecurity habits in your employees with the newest Prioritize Safety Series video on cybersecurity basics from the American Rental Association.

On Dec. 8, 2022, the ARA of Canada hosted an online meeting designed to provide tips to help prevent cyberthreats.

The top rental industry stories from 2022.