News

Cybersecurity: The risks are growing

Cybersecurity risks are growing, both in their prevalence and in their disruptive potential. Attacks against businesses have almost doubled in five years, and incidents that would once have been considered extraordinary are becoming more and more commonplace. The financial impact of cybersecurity breaches is rising, and some of the largest costs in 2017 related to …

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The European General Data Protection Regulation (GDPR) Could Affect You

The European Union (EU) recently enacted privacy regulations that impact any company doing business with European clients. The European General Data Protection Regulation (GDPR) affects any organization that collects data on even one European citizen. Companies should review their insurance program to ensure that data leaks are covered. GDPR will affect companies located in the …

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Using Insurance to Transfer Risk

Information network and data security are expensive and rapidly growing exposures leading to millions of lost dollars, even when business firms have the proper IT security controls in place. Lost laptops, inadvertent emails, physical files containing personal identity information being thrown in dumpsters are examples of exposures that can happen to any firm large or …

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