Content Tagged: "cybersecurity"

The wave of artificial intelligence (AI) has swept across multiple industries, making its mark even in equipment and event rentals. Achille Ettorre, managing partner, GTA Equipment Rentals, Oakville, Ontario, Canada, has developed expertise in the rapidly progressing AI domain, making him a unique voice in the industry.

I recently traveled to the American Rental Association’s (ARA) headquarters in Moline, Ill., to take part in the ARA Executive Committee meeting. As a member of the association’s Event Rental Advocacy Workgroup, I was able to weigh in on conversations concerning the state of event rentals and I was happy to be able to tell the committee — based on what I am seeing out there in my rental segment — that events are back.

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.

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.

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.

Happy September! We made it through another spring and summer, and I hope everyone has a busy fall to look forward to. With the day-to-day bustle in our rental companies, one thing that can often be overlooked is cybersecurity. Cyberfraud truly is all around us.

There are staff and then there are rental pros. The difference that distinguishes between the two and sets your operation apart from the competition is professional-grade training. 

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.

Owning a business comes with many challenges including some outside factors that can impact your company and your insurance rates. Being prepared and having proper coverage can help when disaster strikes.

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.

Hello, American Rental Association (ARA) Region Ten members. This past year has been a rejuvenation for ARA of Canada.

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

Hello, American Rental Association (ARA) Region Three members. Well, we all made it through another year. Despite frustratingly long wait times for new equipment and rising prices on just about everything, it seems like most everyone in our industry seems to have had a really strong 2022.

The ever-evolving thefts that businesses face in the cyber landscape are increasingly taking the form of “social engineering” and “invoice ma

There were seven people seated around the table: The CEO, the vice president, the chief financial officer (CFO), a special agent from the FBI, the