Businesses large and small that accept credit cards in the United States are facing a harsh reality when it comes to fraud liability. In October 2015, most all major credit card companies will shift liability for data breaches and fraudulent purchasing onto businesses...
The cyber insurance sales process has predictable obstacles easily overcome by the proper approaches. Previous articles explained that a prospect will first express denial, saying “A breach won’t happen to us,” and then reason that even if a breach occurs, “We’re...
In the wake of last year’s massive Target breach, public awareness of data breaches has increased. More people are realizing that a cyber incident can be costly, difficult to repair, and might even directly affect their own personal information. Estimates are that up...
INSUREtrust is pleased to announce a specialized cyber policy just for attorneys. The new coverage program, called SafeLaw, has a streamlined application of only seven questions. Law firms have all sorts of sensitive client information stored in their networks –...
Businesses accepting debit and credit cards as a method of payment have an exposure to cyber attacks during the financial transaction process. The Target breach last year has been highly publicized because of its magnitude, obscuring the fact that cyber criminals are...
For over a decade, cyber insurance has been on the market, and over that time, a predictable pattern of obstacles to the coverage’s sale has emerged. There is also a typical order in which the obstacles occur. In previous articles we said that a client might first...
