To follow are examples of types of risks that are not covered or partially covered by most Cyber Risk policies: The cost to implement security upgrades after an attack A comprehensive written security program that is typically paired with a regulatory fine or penalty Damage, corruption, or deletion of Intellectual Property Audits performed periodically that [...]
With more identity information collected and conveniently stored in digital form, it has become much easier for savvy thieves to steal large amounts of personal identification information from computers, particularly from vulnerable employee laptops. The stolen information is then used or sold to become part of the huge identity theft problem facing businesses and individuals. [...]
In 1818, British author Mary Shelley’s tale of Dr. Frankenstein’s infamous creation startled and captivated a receptive audience. Just as the macabre, but resourceful, doctor created life from non-life that terrorized the local countryside, we have created a cyberspace monster that lives and knows no boundaries. It may not actually terrorize us, but we are [...]
Some businesses are focused on providing a service; others are dedicated to production and manufacturing; still others facilitate the retail sale of tangible goods through brick and mortar or online locations. If you are an online seller of tangible goods then there are certain insurance policies that you should consider which fit the needs of [...]
Many insurance companies now offer what is known as employment practices liability insurance (EPLI). Whether an employer elects to purchase such insurance coverage is a decision which should be made with care and only after a complete review of various options open to the employer. Your insurance agent or human resource consultant may urge your [...]
There’s been some talk about cyber insurance lately. How it’s a great business strategy … how it’s a rip-off … how you should approach it cautiously… the first thing that comes to my mind when I think of cyber insurance are companies purchasing it as a replacement for actually implementing any security at all. instead [...]
London: Political Asylum for Russian Bankers in Exile An attempted assassination of controversial Russian banker German Gorbuntsov outside his luxury London residence may be connected with an extradition scandal involving another Russian oligarch in exile, Vladimir Antonov. The two bankers appear to be linked by more than the recent events, which probably need to be [...]
1.2 Million Australians, 7% of the adult populations lost $ 1.4 billion, Australian in 2011 to forms of cyber fraud with credit cards. so mind, on credit card fraud alone. (Which makes US$ 1.45 and €1.09 billion on 21 April). That is a lot of money. Here’s a link to the article. On average each [...]
To continue to apply force to far-reaching and ever-evolving fraud schemes, insurers will also need to overcome some substantial impediments to investigation. Anthony Roman, head of Roman & Associates, a global security and risk management firm, outlines ten key obstacles that will require careful consideration: 1. Inadequate resources. Generally speaking, there are insufficient numbers of [...]
EASTON Ginny Biondi of Easton recently joined the Avon-Dixon Agency as an insurance advisor. Biondi will be responsible for the development, acquisition and service of personal and commercial product portfolios, along with her team at Avon Dixon. she will work to provide an exceptional service level, while protecting the assets of her clients. Biondi will [...]
Disclaimer: any research has been produced by an independent third party provider. Further details can be provided on request. Guardian Stockbrokers Limited is authorised and regulated by the Financial Services Authority (FSA Ref: 492519). Any report has been prepared using information available from public sources, which are believed to be reliable as at the date [...]
5. “if we had a data breach, we could handle the notification requirements ourselves.” Most public entities would have difficulty complying with state and federal notification requirements in the event of a data breach. It is also common for goodwill purposes to provide credit monitoring services and identity theft education and assistance for the affected [...]
Pittsburgh, PA (PRWEB) April 24, 2012 now that everyone can be connected to the Internet and access job-related software applications 24/7/365 via the cloud, employees can work from just about anywhere. while this is a terrific convenience, it also presents great cyber security risks. according to a recent study by PwC, 82 percent of large [...]
Follow us to get the latest developments and updates from Ergoweb®. On March 21, 2012, Ergoweb held a webinar titled "Improving Outcomes — Office Ergonomics Success Stories." Attendees asked many questions — far too many to answer during the webinar — so we've compiled and answered the questions in this article. Keith Osborne and Gene Kay [...]
Data breaches are like lightning: one never knows when or where they’ll strike—or how much damage they will cause. Given their unpredictable nature, data breaches are difficult to budget for. Cyber insurance can help offset these unexpected costs, but keep in mind that it is not a substitute for implementing good data privacy and security [...]
Driving a car is daily task and almost every driver will have a risk of getting accidents on the roads. As a matter of record, women drivers are at lower risk of being involved in a car accident than their male counterparts. consequently, if you’re a young woman driver, auto insurance providers are generally willing [...]
NEW YORK & VANCOUVER, British Columbia, Apr 10, 2012 (BUSINESS WIRE) –PCI Logic and Vigilant, inc. announce a conference to be held in Toronto on may 7th to promote collaborative exchange between US and Canadian organizations struggling to achieve best practices for Payment Card Industry (PCI) compliance. The conference, organized by PCI Logic and endorsed [...]
Actus reus-The criminal act, or evil act. Mens rea-Criminal intent, or evil mind. Attendant circumstance- The added element to a normally legal act that makes it illegal.It is legal to drive, but not with the attendant circumstance of being intoxicated. in order to convict criminally, the prosecution must prove the defendant committed a criminal act [...]
Risk management isn’t something most new business owners put a lot of attention to. in fact, it’s unfortunately an area that most business owners don’t know all that much about. as a result, we’ve decided to put together a panel of experts to give some advice to small business owners on some of the most [...]
Today, it’s not just businesses that rely on computers, network servers and the Internet, everyone does. From Fortune 500 multi-national corporations, to government facilities, colleges, universities, hospitals and individuals we all depend on electronics in our daily lives. we store a tremendous amount of not only our working lives, but our personal lives on our [...]
