}
Directors and Officers On the Hook For Breach-Related Mismanagement

Directors and Officers On the Hook For Breach-Related Mismanagement

In response to a security breach in 2000 at the State Department, then Secretary of State Madeleine Albright told her staff, “I don’t care how skilled you are as a diplomat, how brilliant you may be at meetings, or how creative you are as an administrator – if you are...
Browser App Copyfish Caught by Phishing Attack

Browser App Copyfish Caught by Phishing Attack

News of cyber criminals using phishing attacks is abundant. Yet, people continue to fall for these schemes, which is why the bad guys keep phishing. (As a reminder, phishing generally involves a hacker posing as a legitimate, trusted party to trick an unsuspecting...
New “Merry Christmas” Ransomware Discovered

New “Merry Christmas” Ransomware Discovered

All the celebrations are over and the decorations put away, but new ransomware by the name of “Merry Christmas” was discovered last week. Unsuspecting victims are sent an email that appears to either be from the Federal Trade Commission or from a court, both saying...
The Intriguing Story of LabMD – Part 1

The Intriguing Story of LabMD – Part 1

This is a rather different story of a cyber breach than what we usually write about. Instead of a company pitted against an unknown hacker whose identity will probably never be known, this one is about the cyber fight of one company, LabMD, with another, Tiversa. It...
Penetration Tests

Penetration Tests

To offer maximum value to our insureds and stand out from the competition, we as insurance professionals need to do more than just offer our clients good coverage. We also need to help them with the bigger risk management picture. For example, you may sell your client...
Overcoming Client Objections to Cyber Coverage – Part 1

Overcoming Client Objections to Cyber Coverage – Part 1

“Cyber Liability… What is that, exactly? Do you mean data breach insurance? That has something to do with technology, right? Like, internet insurance?” These were some of the questions we saw in the early years of cyber liability products. Today though, the...