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Home > Blog > Data%20Breach > L Squared Insurance Agency Blog: data breach
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L Squared Insurance Agency Blog: data breach

View the latest blog posts from L Squared Insurance Agency.

Tuesday, November 14, 2017

Cyber Liability—Data Breach happening in a Firm near you

Attempting to keep our clients informed about the risks of a data breach or cyber-attack we periodically send out reminders to clients that do not have cyber insurance of the need to have cyber insurance.  We also make our clients aware of cyber security webinars when they occur. READ MORE >>

Wednesday, November 1, 2017

Cyber Liability—Practical Cybersecurity for Law Firms from the ABA

With the frequency of data breaches and cyber incidents increasing, keeping you law firm’s computer systems up-to-date and applying the best cyber procedures is no longer just something you need to do to protect the firm’s assets, it is likely an ethical issue as well. READ MORE >>

Tuesday, October 31, 2017

Cyber Liability—A Credit Freeze Won’t Help with All Equifax Breach Threats

As we continue to learn the depth and breadth of the Equifax Data Breach no one still knows who stole the information.  What we do know is thanks to the total lapse of controls at Equifax cyber criminals got away with Social Security numbers, birth dates, and driver’s license numbers. READ MORE >>

Wednesday, September 27, 2017

Cyber Liability—Cyber Planning

Given the current highly publicized SEC and Equifax data breaches that are studies in what not to do, a current article in Mondaq  gives tips on how advance planning before cyberattacks and data breaches can mitigate the overall risk. The recommended actions that need to be taken are: 1. READ MORE >>

Friday, September 22, 2017

Cyber Liability--Devil in the Details

A large health insurer found out that the window envelopes that it was mailing to policyholders were not only showing the address, but sensitive personal confidential information.  As this was done on a mass mailing to policyholders it caused a massive privacy breach for the company. READ MORE >>

Thursday, September 21, 2017

Cyber Liability--Equifax Tweet directs Breach Victims to Scam Site

The journey with Equifax continues.  A company that not only allowed 143 million customers private information to be stolen, took over 5 weeks to disclose it to the public, has now realized that it had Tweeted out to some Victims a Scam Website to get their Credit Frozen. READ MORE >>

Wednesday, September 13, 2017

Cyber Liability--Equifax Options purchased Prior to Hack Announcement can generate over $6 Million

According to CNBC someone or persons on August 21, 2017, bought over 2600 contracts with the right to sell Equifax stock for $135 a share in September.  Each contract cost the buyer 60 to 70 cents each, with the right to sell 260,000 shares in September.  Equifax shares are currently trading around $111. READ MORE >>

Monday, September 11, 2017

Cyber Liability--Equifax Execs Sell Shares before Hack Announced

It has been widely reported that Equifax had over 143 million people's confidential information such as Social Security Numbers, Driver's Information, birth dates and addresses stolen.  Equifax was heavily criticized for waiting until September to announce the hack to the general public. READ MORE >>

Thursday, August 31, 2017

Giant Spambot scooped up over 711 million e-mail addresses

The BBC report states over 711 million e-mail addresses have been scooped up by a spambot.  Some of the compromised e-mail addresses also contained other personal information that can be used to help phishing e-mails target your e-mail accounts.  In some cases the e-mail information stolen may also contain passwords. READ MORE >>

Friday, August 25, 2017

Cyber Liability--The Friday Afternoon Fraud Strikes Again! Mortgage Company sues Insurer over Loss

This appears to be a case of The Friday Afternoon Fraud that we have previously blogged about.  According to a Housing Wire post American Pacific Mortgage (APM) is suing its insurer Aspen Specialty (Aspen) for a fraudulent wire transfer that occurred in 2015. READ MORE >>

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