Posts Tagged ‘cyber risk’

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

3 Tips when searching for Cyber insurance

Wednesday, July 13th, 2016

1.  Know your risks Prior to looking for a policy, some due diligence ahead of time on your cybersecurity practices can be helpful in obtaining the best premium possible and getting terms that are important for your organization. Know the potential number of records your company maintains that could be exposed. This number is not…Read More

Cyber on the Rise

Wednesday, May 11th, 2016

Everywhere you look there are new reports of cyber breaches. A Business Insurance article reported on an Orlando, Florida-based resort firm’s cyber breach that may have affected its payment card network for almost a year and a half. An article in Bloomberg reported a 20-foot Bowman Avenue Dam on the outskirts of Rye, New York,…Read More

Cyber-Information Systems Security Program

Tuesday, April 12th, 2016

It used to be that only large Fortune 1000 companies would purchase cyber liability insurance, but that is no longer the case. Any small to mid-size company that handles or obtains personal identifiable information on customers, employees or vendors is now responsible and required by law to protect that information.   Most companies use computers, tablets…Read More

Cyber Liability Insurance

Wednesday, February 18th, 2015

Cyber Liability Insurance – Why you need it now! Cyber Liability Insurance has been available to all businesses for over a decade. Security breach notification laws were enacted in 2002 in response to an escalating number of breaches of consumer databases containing personally identifiable information. The most recent attack in the news is with the…Read More

Minimize Cyber Exposure

Monday, December 29th, 2014

Minimize Cyber Exposure Cyber Monday, holiday shopping, cyber exposure in general for individuals and businesses alike is becoming more of a constant thought in accessing our risk management. During this holiday season, and as a rule of thumb all year long, it is a good idea to adopt these tips from the experts at CNA’s…Read More

What is Cyber Liability Insurance?

Friday, September 26th, 2014

What is Cyber Liability Insurance? 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…Read More

Cyber Risk Prevention

Tuesday, July 8th, 2014

According to IT Business Edge, 50% of businesses listed cyber security as one of their top five business risks. “With the revelations of the National Security Agency (NSA) surveillance program and retail store Target’s breach of confidential credit card information, this heightened awareness has been justified and provided warning of the need for awareness and…Read More

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