"cyber insurance" Archives

  1. NEWS BRIEF: Equifax to Compensate Victims of Data Breach

    The Background In 2017, Equifax, one of the largest credit reporting agencies in the United States, was the victim of a massive cyber attack—an attack that compromised the personal information of approximately 147 million people. On July 22, 2019, the company agreed to pay at least $575 million—and up to $700 million—as part of a […]

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  2. Cloud Computing: Opportunities and Risks in the New IT Landscape

    by talessandra

    Cloud computing is transforming the IT landscape. It eliminates the need for businesses to invest in standalone servers and software that are capital intensive but not in use a majority of the time. It reduces overhead costs, such as management, IT personnel, data storage, bandwidth and power. And it can stretch or shrink to meet […]

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  3. Cyber Liability – A Growing Threat

    by talessandra

    With each passing year, increasingly large quantities of sensitive and business-critical data are stored on computers – specifically networks. This data storage method is highly efficient for accessibility and sharing, and contributes greatly to modern levels of business productivity. Yet, by its very definition, this system can increase the likelihood of unauthorized access to your […]

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