Our latest Ponemon Institute study highlights the need for a more inclusive approach to cyber security. To learn more about the impact of cyber insurance on security and losses, click on the infographic to download our white paper.
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Recently, California’s Attorney General Kamala Harris released a first-of-its-kind report, detailing the 2012 data breaches from her state. The report has generated strong conversation throughout the industry, as it rightly should, in the name of transparency. This move comes as she continues to push companies in her state to improve their security practices. What caught […]
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The number of medical data breaches continues to escalate, and so, it seems, do the consequences for experiencing one. Medical data breaches accounted for more than a third (34.5 percent) of all data breaches that occurred in 2012, according to the Identity Theft Resource Center. Whether a large corporate hospital or a local dental office, […]
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In today’s data driven world, most security experts agree that when it comes to data breaches, most businesses need to recognize it’s not a matter of what to do “if “ they experience a breach but what to do WHEN they experience a breach. After an incident is first discovered, in addition to implementing a […]
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No matter how popular or successful a brand is, recent data breaches occurring at several well-known consumer and social networking sites have demonstrated that no company is immune from a breach of data. These incidents caused concern not only for consumers but it can potentially also create data security issues for their employers. Although no […]
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For healthcare businesses, the wait is over. When the Department of Health and Human Services’ (HHS) released its Omnibus Rule on January 17, 2013 amending the HIPAA privacy and data breach protection laws, it capped a 17 year evolution of medical cyber security regulations. In 1996 The Health Insurance Portability and Accountability Act (HIPAA) was […]
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Private and public businesses are favored targets for hackers; in fact, in 2012, businesses accounted for more than a third of all data breaches in the U.S., according to the Identity Theft Resource Center (ITRC). Perpetrated against companies large and small, these breaches compromised more than 4.6 million records. Research by the Ponemon Institute indicates […]
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Written by: Rick Betterley, President, Betterley Risk Consultants Insurance against data loss has developed rapidly to protect organizations from the economic consequences of a data breach. Insurance companies have broadened their coverage to include not only the cost of notifying and monitoring affected persons, but also costs such as crisis response, legal guidance, and forensics. […]
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Backed by the momentum created by the signing of President Obama’s Executive Order earlier this year regarding the U.S. national cyber security policies, the Cyber Information Sharing and Protection Act (CISPA) was reintroduced to the House by its authors Reps. Mike Rogers and Dutch Ruppersberger, heads of the House Intelligence Committee. CISPA focuses on improving […]
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The purpose of any type of insurance is to protect your most valuable assets so in order to combat the prevalence of cyber attacks and data breaches, an increasing number of businesses in the health-care, financial services and technology industries have purchased cyber insurance policies to protect themselves from the crippling cost of a data […]
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