Tuesday, August 16, 2016Travelers Insurance wrote the general Liability insurance policy (CGL) and Chubb wrote the Cyber coverage for PF Chang. Chang had a data breach where 60,000 credit card numbers were stolen. It promptly filed claims with Travelers & Chubb for coverage. READ MORE >>
Wednesday, August 10, 2016You would never think to let your law firm go without attorney malpractice insurance. Workers Compensation insurance is required by law for your employees. A Business Owners Policy is there to protect your property and general liability exposures. But for certain special events, there may be no coverage. READ MORE >>
Friday, July 29, 2016Determining how much Cyber Liability Insurance coverage you need can be difficult. The following Cyber Data Breach Calculator Link asks you to input your firm's risk factors. Once the calculator has this information, it will give you a recommended dollar amount as to your firm's exposure in dollars. READ MORE >>
Thursday, July 28, 2016Travelers Insurance has developed the following “Pressure Test” for your Cyber Risk. In addition to the test questions, it also provides many helpful hints for managing the Cyber Risk. Take the test. Either click on or cut and paste the following link into your browser to see where your firm stands: READ MORE >>
Friday, July 15, 2016Ransomware encrypts computer files and is used by hackers who then demand money in exchange for freeing the content. It is becoming a huge problem globally. The costs of unlocking data varies, with individuals typically paying a few hundred dollars to a few thousand for businesses. READ MORE >>
Thursday, July 14, 2016Around the world things happen. A bad wind can blow through your law firm or accounting firm. Daily there are reports of people and regions around the world devastated by unforeseen unpredictable events – natural disasters, fires, storms, floods and earthquakes, along with man made disasters of cyber attack, terror attacks and/or power outages. READ MORE >>
Wednesday, July 13, 2016The exposure to law and accounting firms threatening their very existence from Cyber Crime has never been greater. Questions you need to answer is that if you have the things that cyber criminals want, do you have insurance coverage to protect you in cases where cyber criminals take? READ MORE >>
Wednesday, July 6, 2016Identity theft continues to rise. Researchers say personal details, often found on social media, are being used for taking out things like loans, credit cards or phone contracts in other people's names. It can leave victims with big bills, or a bad credit rating (the points-based system lenders use to decide if you can borrow their cash). READ MORE >>
Thursday, June 30, 2016High on the list of things that send chills down the spine of an attorney is getting an e-mail from the disciplinary committee or state bar association alleging a disciplinary complaint. Playing on those fears is the hope of the hacker that the attorney will open the attachment with the e-mail. READ MORE >>
Wednesday, June 29, 2016As businesses spend billions of dollars a year trying to protect their data from hacking that’s costing trillions, they face another threat closer to home: data theft by their own employees. That’s one of the findings in a survey published by management consultant Accenture PLC and HFS Research. READ MORE >>
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