Cyber-Theft Risk to Condo Corporations

This blog discusses the increasing risk of cyber theft to condo corporations and provides tips to protect against cyber attacks. The blog notes that many condo corporations are vulnerable to cyber attacks due to their reliance on technology and their access to sensitive personal and financial information. The blog suggests that condo corporations should take steps to protect themselves against cyber theft, such as implementing strong passwords and multi-factor authentication, encrypting sensitive data, and regularly updating software and systems to address security vulnerabilities. The blog also recommends that condo corporations should have a plan in place for responding to cyber attacks and should train employees on how to detect and prevent cyber theft. Additionally, the blog highlights the importance of insurance coverage for cyber attacks, as well as the need for due diligence when selecting vendors and third-party service providers.