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L Squared Insurance Agency Blog: cyber insurance

View the latest blog posts from L Squared Insurance Agency.

Data breaches and cyber intrusions happen daily. With Cyber Insurance premiums starting at only $125 for $100,000 in coverage for some law firms what are you waiting for?  Remember Business Owners Policies are designed to cover physical and general liability insurance exposures are not a substitute for malpractice insurance and/or cyber Insurance. READ MORE >>

About 2 years ago we blogged about the data breach of the now defunct Panama Law Firm Mossack Forseca.  If you remember over 11.5 million stolen client documents were leaked to the press over a period of months  These leaked client files were dubbed the Panama Papers. READ MORE >>

Are You Covered for Employee Theft? Law Firms, Accounting Firms, Title Agencies and other small organizations spend a large amount of resources to combat the theft of funds from cyber criminals and other con artists.  These outside thefts are well publicized by the media. READ MORE >>

Likely you’re tired of blogs and articles that talk about cyber security.  Unfortunately we continue to see law firms that are stuck in the dark ages that either have been data breach or cyber security targets or will be soon.  Don’t make yourself an easy target. READ MORE >>

PF Chang v Federal is a great case to discuss limitations in Business Owners Insurance (BOP)/Commercial General Liability (CGL) and Cyber Liability.  This case goes to the heart of making sure that your insurance coverages for malpractice insurance, BOP/CGL and Cyber Liability properly cover the firm’s exposures. READ MORE >>

Remember the TV show that voted you off if you were the weakest link?  A number of studies have concluded that the person at the keyboard is your weakest link and the greatest data security threat.  In fact employees were the number one cause of data breaches in small and mid-sized businesses accounting for over 48% of all incidents. READ MORE >>

Session 10: Understanding Cyber Risk in the Cloud READ MORE >>

Cyber Threats by the Numbers from Travelers Insurance 1.       Cyber Remains the #2 risk concern among businesses overall 2.       1 in 5 businesses have suffered a data breach or cyber-attack, double the number in 2015 3. READ MORE >>

Whether due to natural disaster, fire, or another unforeseen event, businesses sometimes must suspend their operations temporarily—for days, weeks or possibly even months. A temporary closure of even a few days can be devastating to a business’s viability, especially if the business doesn’t have a plan for how to deal with it. READ MORE >>

Disaster Recover—Are You Prepared? A bad wind can blow through your law firm or accounting firm at any time.  Daily people and regions around the world are devastated by unforeseen unpredictable events – natural disasters, fires, storms, floods, hurricanes and earthquakes, along with man-made disasters of cyber attached, terror attacks and/or power outages. READ MORE >>

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