Fiduciary and Cyber Liability Insurance Help You Plan For Tomorrow
It’s taken catastrophes to make people realize that insurance is not just a form of gambling; it helps people and businesses endure. Fiduciary liability insurance and cyber liability insurance may seem like gambling on a…
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Small Plan Sponsors More Vulnerable to Data Breach Than Big Companies
You’ve probably heard a lot about data breaches at Equifax and Sony, but did you know that small businesses, including individual plan sponsors, are more vulnerable to cyber attack and data breach than those large…
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Equifax Took Cybersecurity Seriously, Was Still Hacked
Every organization should take cybersecurity seriously, from the mom and pop shop down the street to Amazon. Equifax CEO Mark Begor testified to the United States Senate that the company took cybersecurity seriously prior to…
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New Jersey Expands Data Breach Laws
New Jersey recently passed a law requiring businesses to notify consumers of online breaches. This, theoretically, would allow consumers to change information to limit attackers’ access to their accounts, such as passwords or usernames. It…
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Pension Industry Vulnerable to Cyber Attacks
According to a new report from Moody’s Investors Service, some of the industries most likely to be attacked by cyber attacks are finance, investment, and securities. This includes the retirement and pension industries as all…
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Average Time Taken to Identify and Contain a Data Breach
According to a survey by the Ponemon Institute of 477 companies that experienced a data breach in 2018, the average number of days to even identify a data breach could be as high as 221…
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Financial Markets More Vulnerable to Cyber Attacks
According to a new report from SWIFT and BAE Systems, financial markets are becoming more and more vulnerable to cyber attack and data breaches. With so many participants and points of entry, the report states that…
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Quick Data Breach Response Time Can Save Your Company
Not only is the number of data breaches increasing every day, but the speed with which customers find out about them is increasing as well. Word is spreading on social media and through online articles…
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Businesses Need To Be Proactive When It Comes to Cybersecurity
As technology becomes more advanced with supply chains becoming automated, data stored remotely in the cloud, and robots working in factories, companies have to become proactive on the cybersecurity front and update their infrastructure to…
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