b'Insurance Notes Insurance NotesProtecting yourDear Reader,For this summer edition of Ontario Roofing News, my colleague Jona-than Weekes, Senior Vice President, Cyber Practice Leader at HUB Inter-construction businessnational Canada, has kindly offered the following paper that offers some valuable cyber security best practices you may wish to consider. Jonathans insurance career started in 2008, and he has been employed by large multi-from cyber attacksnational brokerages and insurers throughout his career. I hope you enjoy his paper. Thank you for reading. Simon J. Fenn, CIP Senior Vice President Fenn & Fenn Insurance Practice Inc., a Hub International Company By Simon Fenn and Jonathan WeekesT here is nothing like construction in Ontario.Even in a difficult and uncertain economy, the industry is boom-ing. The building construction price index was up nearly two per Serving the roofing industry since 2005 withSince 1935 cent 1in March of this year, with an increasing number of building per-responsive and dependable service and advice. Roofing & Sheetmits and a growing financial investment.Metal Contractors Yet, growth and financial success will always attract bad actors who are looking to capitalize on that success. Although the last constructionRe-Roofing Specialistscompany to be hit by a major ransomware attack occurred back in 2020, The Fenn & Fenn Roofing Insurance ProgramMaintenance & Repairsthe industry is full of vulnerabilities just waiting to be exploited by cy-Roofing Contractors General Liability Insurancehigh limits available Industrial & Commercialbercriminals.In fact, its a lucrative business model. With more than 85 per cent of Business and Project Insurance Canadian companies 2hit by cyber attacks over a 12-month period in 2021 Automobile Fleet Insuranceand a shocking $600 million 3to recoverits understandable why the Contract Surety Bonds cyber attacks keep coming.Construction companies and contractors today cant afford to adopt Online Certificate of Insurance System for easy access to certificates technological solutions without the right supports in place. Whether the business is adopting a complete software solution or using a single drone to survey a site, business owners will need to learn how to protect them-70 Main Street St. S. Tel: (905) 836-6066 selves and their businesses in the cyber world. Newmarket, ONL3Y 3Y6 Toll Free: 1-866-269-8799 ITS THE WORKMANSHIP roofing@fenninsurance.com Fax: (905) 836-9814 THAT COUNTS Moving in a Digital Direction220 Norseman St., The pressure to go digital is real. With more and more construction Toronto, ONM8Z 2R4Tel: 416-239-3594 companies and contractors introducing technological solutions to their Fax: 416-239-9891 jobsites, it can be a challenge to avoid going digital.jseeback@seeback.com In addition, these solutions are appealing, as they help support critical www.seeback.com business activities, such as:16ONTARIO ROOFING NEWSISSUE 2 2023 THE ONLY SOURCE FOR PROFESSIONAL ICI ROOFING CONTRACTORS IN ONTARIO ORN'