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Notification Costs – INSUREtrust’s Cyber Risk Management Boot Camp Video
Nearly all the states have breach notification laws, requiring a business that's been hacked to notify persons whose sensitive information may have been compromised. The costs of notification can be extremely high. Estimates vary widely, but range from about $50-200...
Fortune 500 Companies Missing Policies for IP
One-quarter of Fortune 500 companies do not have specific policies in place on how to protect intellectual property from cyber attacks, according to a new study. Furthermore, one-third of the 500 have no policies on how to protect personal identifying information. ...
Schnucks grocery store hacked
Schnucks, a Midwestern grocery store chain, has confirmed that “malicious computer code” was used to hack into its payment card processing system to steal data from customers’ debit and credit cards. Article Excerpt: Schnucks, a St. Louis-based grocery store chain...
Are you one of the 19? You should be!
It’s no secret that many businesses are unprotected from cyber risks. A new study released recently by Zurich confirms this: Only 19% of all organizations polled had insurance for cyber liability. Yet, most firms are increasingly worried about cyber issues. Though...
Worldwide Internet slowdown due to largest cyber attack in history
According to some experts, the biggest cyber attack in history began this week, and as a result of the battle, Internet access speeds around the world have reportedly suffered. Amazingly, the massive attack is the result of a feud between a web hosting company and an...
Personal Identification Information Includes Zip Codes
The Massachusetts Supreme Judicial Court recently ruled that ZIP codes qualify as personal identification information (PII) in that state. In the case, a retailer had asked a customer for her ZIP code when processing her credit card for a purchase. The court found...
JPMorgan Chase & Co Latest Targets of Cyber Attacks
Large banks have been under cyber attack lately, and JPMorgan Chase & Co. seems to be the latest victim. In this particular incident, the attackers used a technique know as denial-of-service (DoS), which is designed to overwhelm a server or group of servers with...
Celebrities Have Personal Financial Records Hacked – You Can Too!
Tiger Woods and Mitt Romney are the latest in a growing list of celebrities to have their personal financial records hacked. Cyber criminals apparently accessed files at Equifax, one of the big three credit reporting agencies. First Lady Michelle Obama has also been...
Inmate Hacks Prison Network – While in Prison!
Hackers are smart and clever. They have to be to undo the intricate security measures many businesses put in place to protect proprietary and customer data. A prison in England discovered this fact first hand when it allowed an inmate who had been convicted of a...
Your unencrypted data is easy prey for a hacker
Information stored on a server in your office may seem relatively secure, but the truth is hackers can break in and steal your data with relative ease. Start sending information via the Internet to vendors and employees working remotely, and the data becomes even...
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