Cyber Archives - Page 3 of 54

11 12, 2023

ERISA Fiduciary Concerns Relating To Cybersecurity: Part I – Theft Of Plan Assets
Gallery
ERISA Fiduciary Concerns Relating To Cybersecurity: Part I – Theft Of Plan Assets

@PLUS, Cyber, Fiduciary, Guest Blog, PL Insurance

ERISA Fiduciary Concerns Relating To Cybersecurity: Part I – Theft Of Plan Assets

By PLUS|2023-12-11T12:20:08-06:00December 11, 2023|@PLUS, Cyber, Fiduciary, Guest Blog, PL Insurance|0 Comments

The 1920s and 1930s were infamous for bank robberies, where robbers disguised themselves as Santa Claus[i] and answered questions by stating that banks are robbed “because that’s where the monies at.”[ii] Fast forward about 100 years, cybercriminals do not need to disguise themselves as Santa Claus, and as to where the monies at – well, U.S. retirement plan assets totaled $36.7 trillion as of the second quarter of the 2023.[iii] Since a cyber breach is not a matter of if it will occur, but a matter of when, fiduciaries of retirement plans should be addressing this risk. This blog will [...]

Executive Summary: The Betterley Report’s Cyber Insurance for Healthcare Market Survey–2023

By PLUS|2023-12-01T14:15:18-06:00December 4, 2023|@PLUS, Cyber, Med PL, PL Insurance|0 Comments

One of the hardest hit segments by cyber-attacks is healthcare, highlighting the critical need for specialized cyber insurance. However, cyber coverage offered to healthcare providers and managed care organizations is not standard and continues to evolve quickly. The Betterley Cyber Insurance for Healthcare Market Survey 2023 equips you with the tools to be an expert in the cyber insurance healthcare market. Focusing on each insurer's target market, the Report analyzes insurers' interest levels for each healthcare segment. The Report highlights 16 of the most important cyber health insurers and analyzes the current stable rates in the market. Also, eighty pages of [...]

Inside the PLUS Cyber Think Tank: Unveiling Insights and Innovations in Professional Liability Insurance Markets

By PLUS|2023-11-16T08:55:39-06:00November 16, 2023|@PLUS, Cyber, PL Insurance|0 Comments

The PLUS Think Tanks are a new volunteer role that provides PLUS staff with valuable insights on a variety of professional liability insurance markets. Think Tanks meets 2-3 times per year to provide ideas for the PLUS Symposium as well as the other PLUS content channels including webinars, the PLUS Journal Blog, and podcasts. During the PLUS Cyber Think Tank call in August, the group discussed several topics and areas of interest for professional liability practitioners including: Artificial intelligence (AI) and how can cyber handle this complex gathering of data and the legal and regulatory implications. The continued evolution of [...]