Posted on September 22, 2016
Cyber security has been has been a hot topic in the news lately with data breaches of major retailers, online services and even major government entities. In today’s high tech world, so much sensitive information is transmitted digitally which means it has the potential to be compromised. Cyber criminals always seem to be one step ahead of us when it comes to security – so what can we do to help keep our data safe? (more…)
Posted on March 03, 2016
The past 12 months have seen a rise in the incidence of crippling data breaches. Yet relatively few get any notable media coverage. Strong examples of cyber vulnerability include:
- Records of 80 million customers from Anthem, the U.S. health insurance broker
- Background checks of 22 million federal employees from the Office of Personnel Management
- Tax returns of 100,000 Americans from the Internal Revenue Service, including sensitive financial information and Social Security data
In the face of this increasing threat posed by cyber attacks, the National Association of Insurance Commissioners (NAIC) Cyber Security Task Force adopted a “Cyber Security Bill of Rights”. The NAIC declares that insurance consumers have the right to know the types of personal information collected by insurance companies and to expect that insurance companies will have privacy policies posted on their websites. Further, consumers have a right to be promptly notified in the event of a breach, and provided with steps they can take to protect themselves from identity theft or fraud.
As increasing amounts of sensitive customer data are stored in computers (especially the cloud), cyber security and liability grow ever more relevant to the ongoing success of your organization. Contact us to learn more.