Cyber Liability Insurance

The Risks You Need to Know about Today’s Cyber-Attacks.

. Ransomware is a cyber-attack caused by malware on a system that encrypts, blocks, or erases data from a network. To give back access to data, ransomers require payment (often in Bitcoin) in exchange for the decryption key. Breach Notification Expenses can include mailings, websites, credit monitoring and more and are often mandated by each …

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Data Breach

I won’t bore you with a lot of facts and figures you probably won’t read anyway, but in 2016 the overall cost of data breach was about $7 million. That’s around $220 for each lost record. How many clients do you have? Multiply that number by $220. Is that a loss you can afford? I …

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Data Breach Lawsuits

A class action lawsuit has been filed against Anthem Blue Cross Blue Shield by a Warren woman in response to their announcement of a data breach. The lawsuit is alleging that Anthem is guilty of negligence, fraud and breach of contract. Damages are expected to exceed $5 million. A class action lawsuit has been filed …

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