Over the last couple of years, large breaches of major retailers such as Target, Home Depot, and Neiman Marcus have made it clear that the retail and hospitality industries are prime targets for cyber attacks. The reason is simple: A vast amount of personally...
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...
