Cyber Liability Insurance

/Tag:Cyber Liability Insurance

How to Proactively Address Cyber Threats

Cyber threats is on everyone’s mind – the government, large corporations, and mid- to small-sized businesses across many industries – and rightly so. Last year was the worst year for cyber threats so far, with 740 million data files potentially viewed or stolen worldwide, according to a report, “Records Exposed Hit New High in 2013, [...]

More Reason for Cyber Liability Insurance: Hotel Mobile Bookings to Spike in 2014

Last month in our blog, in our discussion on cyber risk management, we cited that hotels and motels accounted for 9% of all data breaches last year. This figure is according to data made available in Trustwave’s 2013 Global Security Report. With the rise in mobile use for hotel bookings, increased implementation of cloud computing, [...]

Cyber Security Issue at Wyndham Hotels in Court Over FTC’s Authority

In July 2012, in our blog we discussed Wyndham Hotel Group’s cyber security breaches that took place from 2008-2010 and affected more than 500,000 customers, and the resulting lawsuit brought against the hotel giant by the Federal Trade Commission (FTC). The FTC had alleged that misrepresentations were made in relation to the types of security measures the group had [...]