Tag: Cyber Insurance

The Reschini Blog: The Ramifications of Ransomware

It’s one of the oldest plots in the movies.  A person or object of great value gets kidnapped.  A demand for money or some other form of tribute is demanded.  And either the ransom gets paid, or a rescue ensues. 

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The Reschini Blog: The Scope of Cybercrime

“Cybercriminals and certain foreign nations are not only at the door; they are inside our walls, and often have been for quite some time.  Defending our most valuable information should be of paramount importance for our citizens, businesses, and academic

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How to Recover from a Cyber Attack

Recovering from a cybersecurity incident can be a daunting undertaking, especially if you’ve lost information that’s critical to running your business. But you can limit the damage to your company and your reputation by developing a solid recovery plan in

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Not Quite Enough: General Liability Insufficient for Cyber Coverage

Take a look at your business’ general liability insurance policy, and you’ll probably see a reference to property damage.  To the uninitiated, that sounds like it covers a multitude of potential events – even an online hack or attack, right?

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A La Carte: The Need to Customize Cyber Insurance

“You can’t propose that something be a universal space and at the same time keep control of it.” So said Tim Berners-Lee, the man credited with inventing the World Wide Web.  And who would know better? In that same spirit

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Making Sure: When Is Third-Party Cyber Insurance Needed?

It’s a natural impulse, especially perhaps when it comes to purchasing insurance coverage. And even more especially when the insurance coverage is for something as intimidating as cyber security – a vague, nondescript, fuzzy and murky world that many people

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Protecting Sensitive Data: Cyber Insurance for Real Estate Businesses

The process of selling and purchasing real estate can be arduous enough.  Think about all of the highly sensitive and personal data that gets revealed and transferred – financial statements, tax returns, Social Security numbers, and more. Then think of

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It CAN Happen To You: Cybersecurity Claims Impacting All Levels of Business

The market for cybersecurity coverage remains competitive, and more business owners have decided to invest in insurance policies to protect from hackers and malware.  That’s the good news. But the risk still outweighs the precautions taken, according to insurance industry

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The Shadow Knows: Cyber Insurance Needed for Small Businesses Too

The major data breaches may get all the press – 150 million accounts exposed at Under Armour, 92 million at genealogy firm MyHeritage, 87 million at Facebook, and 145 million at Equifax, the largest U.S. credit bureau, revealing even Social

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