Small business owners may wonder whether they need cyber liability insurance when data breaches at large companies—Anthem, Sony, Target—typically make news headlines.
CyberScout CEO Matt Cullina recently sat down with business technology writer Minda Zetlin for a Q&A in Inc.com. The bottom line? Small business owners need cyber liability insurance but they may need less...
Read MoreCyberScout has launched a base of operations in Galway, Ireland, to support the emerging market for data breach and identity management services in Europe.
The leading provider of services that help businesses and their customers defend against data breaches and identity theft plans to add 60 more jobs in the next five years. “Galway has a dynamic business culture that will enable us to launch CyberScout into the European market and scale upwards during the next five years,” said...
Read MorePremera Blue Cross, a health insurer serving patients in Washington and Alaska, announced Tuesday it was the target of a cyberattack that accessed millions of customers’ personal, financial and medical information. An investigation reportedly discovered the attack began May 5, 2014.
According to its website, Premera Blue Cross serves 1.8 million people in the U.S., though multiple news reports say 11 million people may have been affected by the breach — not only members but also “...
Read MoreFor spring cleaning this year, be sure to set aside time to tackle areas where you could be putting your identity at risk for theft. Just like your home, your identifying information and accounts can always benefit from a thorough once-over.
Documents – No matter where you store them, now is a good time to destroy or secure old paperwork, especially if your taxes already have been filed. File or shred receipts, bank statements, medical or... Read MoreHealth insurer stricken: Some 11 million customers of health insurance company Premera Blue Cross may have been affected by a May 2014 cyber attack. The company, licensed by Blue Cross Blue Shield, said the data breach wasn’t discovered until Jan. 29. Hackers may have gained access to customers’ Social Security numbers, bank account data, contact information and claims data. Premera plans to offer two years of free credit monitoring and identity theft protection services to ...
Read MoreTake your driver’s license out of your wallet. Flip it over. Now look carefully at the back of it. There’s no box to check for “Identity Donor.” Yet when it comes to identity-related crimes, one of the greatest times of vulnerability is immediately after you die.
You can do everything right. You can use long and strong passwords and account-unique user names. You can check your financial accounts and monitor...
Read MoreLargest breach case ever. This one dwarfs Target and even the Anthem breach. Beginning in 2009, hackers cracked the top email providers stealing one billion addresses. They then sent spam from those same servers collecting millions in affiliate commissions over a period of two and a half years. The Justice Department has nabbed two of...
Read MoreBanks’ monitoring found lacking. What do U.S. Comptroller of the Currency Thomas Curry and New York state’s Department of Financial Services superintendent Benjamin Lawsky have in common? Answer: Serious concerns about the banking sector’s capacity to monitor and detect money laundering and cyber intrusions – shortfalls that could pose significant threats...
Read MoreWith the daily drumbeat of data breach news, it’s easy for businesses and consumers to get fatigued about data security.
But data breaches present banks with a unique opportunity to educate customers—commercial and individual, alike—on security threats and how to mitigate risk.
Banks have resources to protect their systems and customers. But an increasing number of cyber attacks puts business depositors—and their customers—at risk. Providing...
Read MorePALO ALTO — President Obama threw down a gauntlet here to rally corporations, Congress, and the federal government to address cyber attacks in a selfless way, ThirdCertainty.com reported.
The president signed a milestone executive order Friday urging companies to dramatically advance the sharing of cyber attack intelligence with each other and...
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