Law firms face daily threats of security breaches that can devastate a firm’s bottom line and reputation. Are you prepared for the inevitable data breach or the day your network is held for ransom? You can be if you have the right Cyber Liability Insurance.Read More
Cybersecurity requirements are continually increasing, as are the questions regarding what to do about them.
If you’re wanting to keep you and your company off cybersecurity enforcers' radars and stay ahead of the game if or when cybersecurity becomes law for your industry, this article is for you.Read More
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I've compiled the following key slides, takeaways, and extra notes I took from the ABA's Cybersecurity: Ethically Protecting Your Confidential Data in a Breach-A-Day World seminar.Read More
Lawyers, accountants, and doctors all fall under the term “information fiduciary” because they collect personal information and have a responsibility to protect that information. They are liable if that information were to fall into someone’s hands that could pose a threat to the individuals they collected it from. The ABA says that Lawyers have an ethical and legal obligation “to develop, implement, and maintain an appropriate cybersecurity program.”Read More
The Baker Hostetler Law Firm, a recognized expert on regulatory and legal consequences of Data Breaches, has released its 2016 Data Security Report titled, Is Your Organization Compromise Ready? In the 300 incidents handled by the firm in 2015 phishing, hacking, and malware took the lead, accounting for about 31% of incidents investigated. However, after analyzing the underlying issues that allowed the attacks to succeed, the findings showed that human error was a significant factor over half of the time.Read More
Iowa-Polk County computers fell victim to a malicious code by a CryptoLocker (trojan virus) Friday the 13th, May 2016, infecting 20% of the county’s servers ultimately forcing the remaining servers to be shut down by IT staff to stop the virus from spreading.Read More
Not without separate privacy breach or breach response insurance also referred to as Cyber Liability Insurance. So, what does business insurance cover then? The foundation of business insurance is General Liability Coverage. General Liability insurance compensates you for attorneys’ fees, court costs, and settlements or judgments up to your limit of liability.Read More