Cyber Archives - Page 3 of 14

22 08, 2023

Basic Security Can Prevent Small Businesses From Losing Millions
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Basic Security Can Prevent Small Businesses From Losing Millions

@PLUS, Cyber, Guest Blog, PL Insurance

Basic Security Can Prevent Small Businesses From Losing Millions

By PLUS|2023-08-22T08:53:00-05:00August 22, 2023|@PLUS, Cyber, Guest Blog, PL Insurance|0 Comments

Inexpensive measures working in tandem with your insurance policy can save your organization from a crippling cyber incident When it comes to cyber security incidents, describing the fallout can be abstract and hard to quantify. There can be vagaries to describe the damage wrought across different industries and organizations, as each may have a unique risk profile that impacts losses and recovery. Yet one thing is certain, a cyber attack on a business can cause significant damage to a business, one that may even threaten its very existence. With that in mind, take a moment to consider if your [...]

Executive Summary: The Betterley Report’s Cyber Privacy Insurance Market Survey—2023

By PLUS|2023-07-28T08:29:07-05:00July 27, 2023|@PLUS, Cyber, PL Insurance|0 Comments

With new cyber threats continuing to emerge, the need for cyber insurance is even more critical. However, cyber insurance forms are not standard and continue to change rapidly. The Betterley Report’s Cyber/Privacy Insurance Market Survey—2023 gives you the tools to be an expert in cyber insurance coverage. The report reviews the state of the current market. It compares 23 insurers in this year’s edition with over 100 pages of comparison charts. The report analyzes the most important stories and emerging issues in cyber insurance. For example, learn the different approaches carriers take on war exclusions and losses resulting from [...]

Understanding Evolving Data Breach Reporting Obligations and Your Insurance Coverage

By PLUS|2023-07-24T15:58:05-05:00July 25, 2023|@PLUS, Cyber, Guest Blog, PL Insurance|0 Comments

Any lawyer, consultant, and insurance provider involved in the cybersecurity field should be deeply familiar with personal data breach reporting obligations. In particular, every U.S. state has enacted a data breach notification law that requires organizations to provide notice of certain types of data privacy incidents to the individuals whose personal data has been compromised. The federal government has also imposed similar obligations on businesses within certain sectors (e.g., health care, financial). These laws are based on the common understanding that the earlier an organization notifies individuals that their personal data has been compromised, the earlier the individuals can implement [...]