Cyber Liability continues to be a major issue for businesses in 2017. In today’s data-driven social media world, businesses of all sizes have had a cyber-attack or data breach. Statistics show 39% of all cyber incidents affect businesses with fewer than 100 employees. Human errors and systems glitches caused nearly two-thirds of data breaches globally […]
September 7, 2017
A Business Insurance Update Buying business insurance is like investing in your business. While you may never have a claim, if you do the resources provided by your insurer can keep your business going. That is why it is important to have an agent who understands your needs and can help you design a business […]
August 31, 2017
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 […]
July 13, 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 […]
April 12, 2016
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 […]
February 18, 2015
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 […]
December 29, 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 […]
July 8, 2014