“It’s gotten to the point that it’s not ‘if’ we are attacked, but ‘when’ it will happen,” says Sandra Paul, director of information technology at Township of Union Public Schools in New Jersey. “There are at least four districts in our area that have been hacked in the last...
Cyber insurance, also calledcyber liability insuranceorcybersecurity insurance, is a contract an entity can purchase to help reduce the financial risks associated with doing business online. In exchange for a monthly or quarterly fee, the insurance policy transfers some of the risks to t...
Family Educational Rights and Privacy Act (FERPA), for all US K-12 schools and higher education institutions …and hundreds more. Cyber liability insurance providers almost always require that a policyholder has MFA and access control standards implemented as a baseline for coverage, also. ...
Education (school districts, colleges, private schools) E-commerce Hospitality (hotels, restaurants) Medical (hospitals, private practice) Professional Services (legal, IT) Public Entities (municipalities, counties) Charities / Not for Profit Financial Institutions ...
For those directly involved in a breach, this means working with law enforcement while handling a media circus at the same time. Schools and districts that have not experienced a breach are finding it more difficult to obtain cyber liability insurance. And everyone must deal with worried parents...
Jobs in Cyber Insurance Cyber insurance, also commonly referred to as cyber liability insurance, is key for two reasons. First, because many companies and organisations use some type of cyber insurance as their ultimate protection, and there are many jobs associated with this. Secondly, insurance ...
Ransomware continues to make headlines. The progress of businesses, schools, and government agencies comes to a grinding halt for perhaps hours, often for days. This phenomenon, among other things, has brought a new popular term into the IT lexicon -Cyber insurance. What is it? Do you need ...
He also argued that the study was from before a prodigious growth in the number and payouts associated with ransomware attacks on local governments and critical services, including hospitals and schools. Last summer the insurance industry startedtaking a lot of heatfor encouraging ...
Additionally, we contribute to the community by providing scholarships to local schools to bolster Information Security curriculums.As an organization, we firmly believe that Information Security is not only a current necessity but also a key aspect of the future. It is our responsibility to shape ...
This goes hand-in-hand with a discussion I had a few months ago with Paul Hacker, a Professional Liability Broker at Axis Insurance Services. When asked if modern technology can keep up with today's threats such as new technology attacking older systems, more educated hackers taking over the...