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R&R Insurance Blog

Smart Buildings Bring New Cyber Risks | Protect Your Business From These Exposures

Posted by Brad Stehno

TSmart Building.jpghe growing network of internet connected devices are continuously changing the way we live and work. Nowadays it is not surprising to find computing devices embedded in everyday objects, enabling them to send and receive data via the internet.

To efficiently manage interior operations and decrease costs, many new constructions are now "smart" buildings in which the building's systems such as room temperature, ventilation, HVAC controls, and security systems are connected to an external network. However, with these new capabilities come a new set of threats and opportunities for hacking. This smart building equipment can be used as "backdoors" for hackers to break into the system, giving them access to confidential information. This is especially dangerous for energy
producers, health care providers, high-tech manufacturers, and government agencies. A hospital, for instance, could take a serious financial hit if a hacker were to shut down an HVAC system in an operating room. Even worse, patients could be endangered.

Although people understand the need for all-around cyber security, a large number of buildings and companies are still exposed. Reasons for this could be that cyber threats to building-control systems have not gotten as much media attention as other related risks, such as massive data breaches. Others simply may not be aware that this threat exists for a functionality as simple and ordinary as controlling room temperature.

For additional reading on this topic, click here to view an article written by The Daily Reporter.

To learn more about cyber threats and how to keep your business secure, contact Carla Borda with any cyber questions.


Topics: Technological Risks, Cyber Crime, Smart Buildings

R&R Insurance Services, Inc. Welcomes Josh Timm as Account Executive

Posted by Resource Center

Josh TimmWaukesha, WI -- R&R Insurance Services, Inc. welcomes Josh Timm as Account Executive. Timm has more than ten years of insurance industry experience.

Timm has held multiple sales, marketing and service positions with various insurance carriers including Wausau, Philadelphia Insurance Companies and Sentry Insurance. Most recently, Timm was with The Hanover Insurance Group as a Small Commercial Sales Manager responsible for working closely with Wisconsin agencies to enhance their service offerings and grow their business.

Timm will be concentrating on building a book of business within the technology and manufacturing arenas – specifically in the South and Central part of the state of Wisconsin. “Josh’s background strength in technological risks will bode well for customers with significant exposure in this area.”, “Cyber Liability, Data Breaches, Cyber Extortion and Electronic Data Liability are just a few of the ever-increasing risks businesses face today, and Josh’s experience in this realm will be a true asset for R&R and for businesses in Wisconsin.” states Frank Maurer, Executive Vice President of Commercial Lines for R&R Insurance Services. “We are excited to have Josh on board and look forward to increasing our book of business in Southeastern and Central Wisconsin.”

Timm holds a Bachelor of Science degree from The University of Wisconsin, Stevens Point, Stevens Point, Wisconsin. Originally from Oregon, Wisconsin, Timm lives in Oregon and is an active member of the Middleton Chamber of Commerce, as well as the Oregon Youth Athletics.

R&R Insurance Services, Inc. has served the insurance needs of southeastern Wisconsin since 1975. Today, R&R is Wisconsin’s largest singly owned independent insurance agency offering businesses and individuals a full range of insurance products including property casualty, employee benefits, workers compensation, liability, life, dental and home/auto. R&R is also a shareholder with Assurex Global, a worldwide network of leading independent insurance agencies.

Topics: Josh Timm, Oregon, Wisoncsin, Technological Risks, Cyber Liability, Data Breaches, Electronica Data Liability