Target’s Cyber and D&O Insurance Might Save Them Serious Cash
We can’t resist talking about this Target Data breach incident. It has become a major talking point in tech community and the news that keeps surfacing makes for a great little case study. So in the latest bit of news to surface:
UPDATE: Target’s Data Breach and the need for Cyber Liability Insurance
Recently we wrote about the data breach that occurred at Target’s point-of-sale systems in stores across America. The breach lead to the theft of roughly 40 million credit card numbers, names, and CSV codes. Here’s what’s been happening since the announcement:
Target: the Latest Data Breach Victim
Since we rarely go more than a couple weeks without a data breach post, it seems we’re a bit overdue. It looks like we can get back on track thanks to Target’s point-of-sale systems and their security weaknesses. If you were out braving the angry mobs this black Friday and you happened to “storm
A Brief Look at User Authentication Techniques
Almost every client we work with stores or uses some sort of Personal Identifiable Information (“PII”). This probably reflects our apparent desire to have seamless/uber equivalents for literally every possible purchase of goods and services. In any case, there’s a lot of personal data floating around the interwebs these days. That should make security
What Startups Need to Know About Business Interruption Insurance
What is it? At a very high level, business interruption insurance (“BII”) protects the insured when business operations are interrupted (no, really?!). Typically this coverage is paired with others, including General Liability and Cyber Liability.
Apparently Everyone’s Getting Hacked Right Now
So apparently everyone’s is getting hacked right now. If stories keep popping up this often, maybe its time to just start doing a weekly data breach post. Also, this much activity is totally justifying why we harp on the importance of Cyber Liability coverage. Just sayin’. Anyway, here’s what happened in the last week or
Even Sony Can Mess Up Their Insurance
Admittedly this probably can’t be considered a “current” event, but we stumbled across this article somewhere on the interwebs and it’s an important story to tell (particularly on an insurance blog). Big lessons can be learned by this one. Here’s the gist:
New European Laws = New Cyber Liability for Tech
Cause It has now been several months since NSA contractor Edward Snowden first leaked information about the organization’s activities.