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Data Breach Causes Organization to Ban Cell Phones
Smart phones present all kinds of security challenges for organizations, as data can be stolen from them and criminals can use them to capture and transmit private information. Jackson Health System in Florida has decided to ban cell phone use by volunteers, after it...
INSUREtrust Experts Comment on Defense Secretary Panetta’s “Cyber Pearl Harbor” Warning
On October 11, 2012, Secretary of Defense Leon Panetta warned that the US is facing a danger which “could be as destructive as the terrorist attack on 9/11” and advocated measures to beef up our cyber security capabilities. Panetta conceded that most people think...
Business websites often an open door for hackers
Cyber criminals have a variety of ways to break into corporate networks, and do so on a routine basis. In response, businesses put in place firewalls and other mechanisms to offer at least some protection against hacking. But it appears that businesses’ web sites are...
A Business Owners Policy won’t protect you from cyber losses
For many small to medium-sized businesses, the Business Owners Policy (BOP) can be an economical solution to help meet the company’s insurance needs. Business Owners Policies typically combine numerous lines of coverage, such as commercial general liability (CGL)...
How confident are you that your data is safe online?
It’s amazing what kind of information about you is floating around in cyberspace: Your bank account numbers, financial transactions, medical records, and other details of your personal life that you trust is being kept private. Perhaps for the most part, only...
Study finds cyber crime as costly as ever
Hacking continues to be a costly problem for US businesses, according to a Ponemon Institute report released in October 2012. For each the businesses and organizations studied, the average cost of cyber crime is $8.9 million annually, an increase of 6% from last...
Digital wire fraud yields jackpot for hackers, headaches for business owners
In the nefarious world of hacking, there are numerous ways cyber thieves can extract money from their victims: They can sell stolen data in black market auctions, or use it to commit tax fraud, or even to extort the data’s owner, for example. Another lucrative venue...
Large companies have special cyber needs
Large companies might have bigger IT security budgets than their smaller counterparts, but they still regularly fall victim to cyber attacks. And just as their digital security needs are more complex than a mom-and-pop business, so too are their cyber liability...
Entrepreneurs provide practical experience to business students
Recently, INSUREtrust employee Adam Hewitt was featured in the AJC. Here is an excerpt from that article: Last year, Adam Hewitt was about to start the last semester of evenings classes before getting his MBA when he picked Bob Gemmell’s “field study” entrepreneurship...
Internet insurance product gives IT security firms advantage over the competition
IT security firms are at the forefront of the cyber war, and have first-hand knowledge of how difficult it can be to defend against a data breach. Most companies today need help navigating the perils of the digital world, as well as the complexities of cyber...
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