L Squared Insurance Agency Blog: data breach
View the latest blog posts from L Squared Insurance Agency.
Thursday, December 15, 2016According to one ABA report 23% of law firms didn’t know if they had a data breach. This is a troubling statistic in that another ABA report stated that around 15% of all law firms have had a data breach. Today it is not so much “if” your law firm will have a data breach, but “when. READ MORE >>
Tuesday, December 13, 2016While the highly published hacks on the DNC (Democratic National Committee) and more recently coming to light of the hacks of the RNC (Republication National Committee) by the Russians. It appears that the Chinese have also been busy with gathering information on commerce. READ MORE >>
Monday, November 28, 2016Hackers are holding San Francisco’s light-rail system for ransom. For more details on what took place click on Cyber Attack San Francisco. READ MORE >>
Tuesday, November 15, 2016In a ransomware attack close to home, the Lansing Board of Water & Light (LBPL), a Michigan municipal utility, in May paid a $25,000 ransom to unlock its internal communications systems after they were disabled by a cyberattack. General Manager Dick Peffley told the Lansing State Journal it cost about $2. READ MORE >>
Thursday, November 3, 2016If there is not enough paranoia in the world, over 1/3 of IT professionals believe that their systems are already infected. To find out more read: The Enemy Within: Are Cyberattackers Embedded In Your System? Isn't time to think about Cyber Insurance/Data Breach? READ MORE >>
Wednesday, November 2, 2016Everyday there is another WikiLeaks purported release of new e-mails or data hacked from some organization. Most recently their favorite target has been the Democratic Nation Committee and Hillary Clinton. While WikiLeaks appears to have gotten their information from the Russians, the data breaches are not always from an external source. READ MORE >>
Wednesday, October 26, 2016Ransomware attacks against businesses will be four times higher in 2016 than last year, with a growing number of ransom-seeking hackers demanding bitcoin rather than money, according to a report by specialty insurer Beazley. The Beazley Breach Insights report (http://bit. READ MORE >>
Wednesday, October 26, 2016We have previously posted that a good Data Breach/Cyber Liability Insurance offers 1st party and 3rd party coverage. It needs to respond to the following exposures: 1st Party Claims 1. Incident Response Services 2. Ransom demands to unlock your system. READ MORE >>
Thursday, October 20, 2016Most small-business owners (78 percent) still don’t have a cyberattack response plan, even though more than half (54 percent) were victim to at least one type of cyberattack. About 60 percent of those who did experience a cyberattack said it took longer than a month to recover. READ MORE >>
Wednesday, September 14, 2016The World Anti-Doping Agency (Wada) has condemned Russian hackers for leaking confidential medical files of star US Olympic athletes. Athletes affected include tennis players Venus and Serena Williams and teenage gymnast Simone Biles. READ MORE >>
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