Posts Tagged ‘Cyber Attack’

Cyber Risk Update

Friday, September 29th, 2017

Over the last several years, cyber liability coverage has evolved from just insurance for information technology companies to coverage that nearly every class of business should have if they don’t already. From retailers, banks, contractors, distributors, restaurants and medical offices, many businesses are unaware of the great security technology exposure they face. Recent state laws…Read More

Cyber Risk Prevention

Tuesday, September 19th, 2017

Cyber Liability addresses the first- and third- party risks associated with e-commerce businesses, the Internet, networks and informational assets. Cyber Liability Insurance offers coverage protection for exposures arising out of Internet communications. The concept of Cyber Liability takes into account first- and third- party risks. The risk category includes data storage, business interruptions, fraud and…Read More

How Cyber Liability Insurance Can Help Your Business Recover From A Breach

Tuesday, May 2nd, 2017

Almost every business has a cyber liability exposure and most businesses are securing some form of coverage to protect them from these types of threats.  A recent report by a leading insurance firm said that purchases of cyber insurance grew over 30% in the last year.  Did you know that an average business has a…Read More

Cyber Attacks-Cost of Reputational Harm

Tuesday, November 22nd, 2016

It is difficult to quantify the value of a company’s reputation unless you are forced into such a scenario as was the case in the Yahoo/Verizon purchase negotiation.  Verizon hinted to reducing its offer to buy Yahoo by 1 billion dollars upon the news that Yahoo was the target of a sustained and successful theft…Read More

Cyber Breach – None Too Small To Fail

Tuesday, September 13th, 2016

It seems that we are alerted to another cyber breach almost every day. Some of the most recent cyberattacks include the Starwood, Marriott, Hyatt hotels; Oracle’s MICROS Point-of-Sale and Newkirk Productions, a service provider that issues healthcare ID cards. It is to be expected that the data breaches making headlines are those that are very…Read More

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