This Is What We Mean by "Reputational Damage"
Last week, a group of retailers known as MCX (Merchant Customer Exchange) made news when two members – CVS and Rite Aid – ditched their plan to use Apple Pay in favor of MCX's own mobile payment...
View ArticleThe Least Fun Way to Spend that Extra $9,000
As an IT professional, you've undoubtedly worked with clients who won't commit an adequate amount of resources to data security. Many small-business owners simply don't think it's worth the extra money...
View ArticleSecure Message Scorecard: How Do Your Favorite Apps Measure Up?
The Electronic Frontier Foundation is reviewing messaging apps and scoring them for security. You can see the results on a new Secure Messaging Scorecard posted on the group's website.The first...
View ArticleWhy the 31% of Businesses without Cyber Insurance Should Scare You
Insurance Journal reports on a study that shows 60 percent of businesses think cyber risks are very high for them, but 31 percent still have no Cyber Liability Insurance whatsoever.You might be...
View ArticleGetting Government Contracts: What Not to Do
Advisen reports that there's been a massive data breach affecting tens of thousands of government employees. When US Investigation Services – a longtime government contractor specializing in background...
View Article19-Year-Old Windows Bug and WinShock Are a Lesson in IT Liability
Last week, Microsoft issued its usual monthly patches, but there were two interesting vulnerabilities making data security news. Let's look at each bug and see the ripple effects they can have for an...
View ArticleWhy You Should Care that the Average DDoS Attack Costs $500,000
Incapsula conducted a survey of IT professionals and found the average distributed denial of service (DDoS) attack cost their clients $500,000. The survey focused on mid- and large-size clients (250 –...
View ArticleIt’s Okay to Go Solo: Choosing a Legal Structure for a Technology Startup
Many IT businesses start as sole proprietorships because that’s the default structure created when a person starts offering services on a freelance basis. When you file those 1099 forms at tax time,...
View ArticleIs Data Breach Fatigue Good for Tech Businesses?
While you might be tired of seeing sensationalist stories about new vulnerabilities and data breaches, the cyber liability firm Advisen reports that there's some good news to come out of the Home Depot...
View ArticleViruses Don't Cause Data Breaches – People Cause Data Breaches
Advisen, a cyber liability research firm, reports on a new trend among cyber security experts: optimizing employee education.At TechInsurance, we've been saying the same thing. In order for data...
View ArticleStudy: Almost 25% Increase in Data Breaches in Q3 2014
SafeNet conducted a data breach study examining all the breaches that occurred in the third quarter of 2014 and found a nearly 25 percent increase in attacks compared to the same quarter last year.It's...
View ArticleData-Breach-Related Lawsuits Show the Benefits, Limitations of Insurance
How much do data breaches cost? That's the million-dollar question – literally. And to answer it, we'll look at two recent data breaches:Home Depot: 56 million stolen credit and debit cards.University...
View ArticleHigher Tech Security Budgets Predicted for 2015
Corporate research firm Forrester predicts big changes for cyber security in 2015, including an increase in businesses looking to spend money on data security. But not all of it is good...
View ArticleIt’s Okay to Go Solo: Choosing a Legal Structure for a Technology Startup
Many IT businesses start as sole proprietorships because that’s the default structure created when a person starts offering services on a freelance basis. When you file those 1099 forms at tax time,...
View ArticleIs Data Breach Fatigue Good for Tech Businesses?
While you might be tired of seeing sensationalist stories about new vulnerabilities and data breaches, the cyber liability firm Advisen reports that there's some good news to come out of the Home Depot...
View ArticleViruses Don't Cause Data Breaches – People Cause Data Breaches
Advisen, a cyber liability research firm, reports on a new trend among cyber security experts: optimizing employee education.At TechInsurance, we've been saying the same thing. In order for data...
View ArticleStudy: Almost 25% Increase in Data Breaches in Q3 2014
SafeNet conducted a data breach study examining all the breaches that occurred in the third quarter of 2014 and found a nearly 25 percent increase in attacks compared to the same quarter last year.It's...
View ArticleData-Breach-Related Lawsuits Show the Benefits, Limitations of Insurance
How much do data breaches cost? That's the million-dollar question – literally. And to answer it, we'll look at two recent data breaches:Home Depot: 56 million stolen credit and debit cards.University...
View ArticleHigher Tech Security Budgets Predicted for 2015
Corporate research firm Forrester predicts big changes for cyber security in 2015, including an increase in businesses looking to spend money on data security. But not all of it is good...
View ArticleCyber Risks on the Road Bad News for IT Consultants
As more devices are Internet-enabled, cyber liability can follow an IT consultant everywhere. Even on the road. But many businesses don't think to have a policy that addresses the IT risks traveling...
View Article