L Squared Insurance Agency Blog: cyber insurance
View the latest blog posts from L Squared Insurance Agency.
Wednesday, March 22, 2017As the frequency and cost of a Data Breach continues to increase. Firms need to look more closely at the kinds of insurance that they have and what they need to properly cover a Data Breach or Cyber Incident. 1st firms need to look at the typical policies that almost all firms have. READ MORE >>
Thursday, March 16, 2017According to one report, in the 1st 2 months of 2017 13 million people have had personal information compromised. In February some of the companies that were impacted were the music festival Coachella , the Arby’s restaurant chain, a company that creates stuffed animals CloudPets and the Intercontinental Hotel Group. READ MORE >>
Wednesday, March 1, 2017At one time all you had to do to secure your business was to lock the money in the safe, lock the file cabinets and lock the doors. A physical wall of protection to secure your business was all you needed. Those were the good old days, at least that was what we were told. READ MORE >>
Tuesday, February 28, 2017You can’t undo a data breach once it happens, but you can help mitigate the data breach damage and save your firm’s reputation by responding correctly.
Early warning signs of a breached include erratic behavior of computers such as new software suddenly appearing ... READ MORE >>
Friday, February 17, 2017LawyerCare Medmarc A Proassurance Company CyberCare® Coverage: Overview Thursday, March 16, 2017 2:00 to 3:00 PM EST Registration Closed In this webinar Michael Lamprecht will discuss potential cyber threats facing law firms and suggest solutions available to protect against catastrophic cyber losses. READ MORE >>
Tuesday, February 14, 2017According to a report by Quartz Media, Ransomware attack frequency steadily increased in 2016 to almost 300 million attacks in the 4th quarter of 2016. In total the number of Ransomware attacks went from 3.8 million in 2015 to 638.2 million in 2016. Here are some of the reported recent victims: READ MORE >>
Tuesday, February 7, 2017Human Resource and payroll departments should be aware of an IRS alert that was released on January 25, 2017 providing information about an email phishing scam making its way across the country. The scam originated last year, and the goal of the scam is to gain access to personal information contained on employee W-2 forms. READ MORE >>
Thursday, February 2, 2017Cyber Liability—The Friday Afternoon Fraud According to a report out of the UK from the Solicitors Regulation Authority, over 75% of the Cybercrimes reported were from the “The Friday Afternoon Fraud”. This involves criminals modifying emails directly, usually by hacking into the email system of an individual. READ MORE >>
Friday, January 6, 2017According the BBC report CFC Cyber Insurance Claims have increased 78% for data breach/cyber-attacks. The claims came in at a rate of more than 1 a day in 2016 for this insurer. They have seen large amounts of login details stolen and shared more frequently. READ MORE >>
Tuesday, January 3, 2017To start the year on a positive note, the Website NoMoreRansom.org is a project that is just starting up that has tools that may or may not help if your hit with Ransomware. This is a good website address to keep around just in case. READ MORE >>