Cyber Liability Insurance

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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