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Cyber Insurance

Many small to medium-sized enterprises (SMEs), if they have yet to experience the changes in cyber insurance, are in for a surprise. Whether you seek insurance for the first time or renew an existing policy, there will be changes. Cyber insurance concerns are growing. It’s a maturing of the new cyber insurance market and a course correction to curb significant direct loss rates. “The price bumps helped the U.S. cyber insurance industry pare back its direct loss ratio, or the percentage of its income that it pays out to claimants, to 65.4% in 2021 from a record of 72.5% in 2020”, as reported in the Wall Street Journal. The reason behind these increases is the rise in cyberattacks, specifically ransomware, phishing, and social engineering attacks. In addition, pandemic and hybrid work arrangements brought swift changes and challenges to business and data security.

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In the News

July 31, 2025. VDES Earns certification from the NMSDC! Congratulation to the VDES Team
🎉 Congratulations to Vertical Data Engineering Systems-VDES! 🎉

Achieving certification from the National Minority Supplier Development Council program is more than a credential—it’s a powerful affirmation of Vertical Data Engineering Systems’ enduring commitment to excellence, equity, and innovation.

 

This milestone reflects VDES’s leadership, integrity, and deep-rooted impact in technology and cybersecurity strategy. It opens new doors for strategic partnerships, supplier diversity engagements, and broader visibility across the public and private sectors. And more than anything, it highlights the meaningful contributions of underrepresented leaders in shaping resilient and inclusive systems.

 

To the entire VDES team: may this be a catalyst for even greater success and recognition. The future is bright—and you’re building it.

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November 21, 2024. It's Time to Rethink Our Strategy for Healthcare Cybersecurity!

Healthcare organizations need to adopt a broader cybersecurity strategy that includes strong identity security, effective access controls, and ongoing threat monitoring. Ransomware attacks on healthcare organizations are rising in frequency and severity. Many providers rely on Endpoint Detection and Response (EDR) as their main defense, but this method is not sufficient. EDR focuses on specific threats and overlooks many risks, such as stolen credentials and insider threats, allowing cybercriminals to bypass security measures. This dependence on EDR can lead to downtime, regulatory fines, and negative impacts on patient care. With the stakes higher than ever, it's crucial to embrace a proactive, multi-layered approach to safeguard patient data and lives.​

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May 21, 2023. Ransomware damages are expected to exceed $30 billion worldwide in 2023!

InfoSecurity reports. Ransomware attacks are still among the greatest threats to businesses of all sizes. Ransomware is a form of malware that encrypts a victim's files. The attacker then demands a ransom from the victim to restore access to the data upon payment. Unfortunately, since companies need to take prevention seriously and are unwilling to invest in it, ransomware attacks continue to increase. There are several vectors ransomware can take to access a computer. One of the most common delivery systems is phishing spam - attachments that come to the victim in an email, masquerading as a file they should trust. Clicking on the image or downloading the file results in the victims' computers being taken over, especially if they have built-in social engineering tools that trick users into allowing administrative access to their machines.

Don't Be A Victim

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May 11, 2023. Cybersecurity Awareness! 

You should enable multi-factor authentication or Two-Step Verification to protect valuable information. Multi-factor authentication (MFA) or Two-Step Verification is a security measure requiring anyone logging into an account to navigate a two-step process to prove their identity.

 

When it’s available, always turn it on because it’s easy to do and dramatically increases your security! How does MFA work? 

 

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September 30, 2020: During the COVID-19 Crisis

During the COVID-19 Crisis: If you do not have an information security awareness program, now is the time to start. Vertical Data Engineering Systems can help you launch a Security Awareness and Training program. Make security awareness information and education consistent before your organization's personnel. Secure systems and firm policies are critical but not enough to combat​ the information security threats we face. Knowledgeable staff is your best front-line defense.

 

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Maryland, September 10, 2021: VDES becomes a Validated Software Provider/Validated Integrator with Metrc in Maryland!

 Metrc Marijuana Enforcement Tracking Regulation and Compliance system (Metrc) is responsible for implementing the technical and operational components of the tracking system on behalf of the Maryland Medical Cannabis Commission (MMCC). VDES’s expertise and experience are ready to take your cannabis business to the next level.​​​​​

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5100 Buckeystown Pike

Suite 250

Frederick, MD 21704

Phone: 240-780-8337

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