Topic: cybersecurity

Small Businesses Also Need Data Breach Protection – and Insurance When It Fails

Corporate data breaches are becoming more common, but small businesses often don’t think it’s their problem. And that could come back to bite them. From law firm Jaburg Wilk: “There are numerous news reports of data and security breaches where customers’ personal information, including social security numbers, credit cards numbers and health information have been… Read more »

Cybersecurity Concerns? You Might Consider Cyber Insurance

“According to a recent study by Lloyd’s of London, cyber-risk — both malicious attacks and nonmalicious ones — is approaching the top 10 of risks threatening businesses worldwide. In the U.S., malicious attacks were ranked in the top five. Last year, hackers succeeded in attacking government networks in the U.S., India and Brazil. Data breach… Read more »

Is Your Business Ready for Mobile Payments?

Mobile payments are expected to top $170 billion worldwide this year, according to a Gartner study published earlier this week. Three recent updates take a look at issues facing merchants who are considering – and in many cases already implementing – systems for accepting payments via smartphone or other mobile devices. The first discusses a… Read more »

5 Types of Business Insurance Coverage (You’ve Probably Never Considered)

If you’re a regular reader of this blog, you might’ve noticed that lately we’ve been meting out advice in parcels of five. (See for example: 5 Tips for Writing an Effective Employee Handbook, 5 Ways the NLRB Regulates Employer-Employee Relationships, 5 Considerations for Protecting Your Trademark, etc.) Really, there are only two possible paths forward.… Read more »

Cloud Computing and Security: Know Your Risks Before You Jump In

“The FBI ranks cyber-attacks as the third greatest threat currently facing the United States, eclipsed only by nuclear warfare and other weapons of mass destruction. According to the Privacy Rights Clearinghouse 500 million sensitive records have been compromised since 2005… These problems are going to get worse. Indeed, 2011 has already been labeled the ‘year… Read more »

Business Insurance: Are You Really Covered?

“With the potentially extraordinary costs of remedying a [data] breach and breach-related litigation, affected companies are turning to their insurers. Insurers are responding that claims arising out of data breaches are not covered under traditional insurance coverage.” (From 2011 — The Year of The Breach: Consumers, Companies, Insurers, and Legislators Stake Out Positions after Rash… Read more »

Social Media and The Law: Your Friday “Must-Read” List

For your reference, recent updates and commentary at the intersection of social media and the law. From lawyers and law firms on JD Supra, you should know: 1.The Federal Trade Commission’s proposed revisions to the Children’s Online Privacy Protection Act Rule: “The Federal Trade Commission has issued a rulemaking notice proposing to update its rules implementing… Read more »