SafeBiz. Identity Theft and Data Breach Program For Small & Medium Size Businesses (SMB)

Save this PDF as:
Size: px
Start display at page:

Download "SafeBiz. Identity Theft and Data Breach Program For Small & Medium Size Businesses (SMB)"

Transcription

1 SafeBiz Identity Theft and Data Breach Program For Small & Medium Size Businesses (SMB) 1

2 About Us Since 2003 we have helped victims of identity theft recover fully from this devastating crime, and continue to protect millions of Americans from this growing problem. Working with individuals as well as some of Americas largest companies. We offer ID theft protection and restoration services at a very affordable cost. We have a 100% track record of restoring victims back to pre-theft status. In addition to offering the most comprehensive and trusted programs in the industry, our team of experts is always available to provide useful advice and counsel to our members. We have partnered with Merchants Information Solutions, who for the past 20 years have offered Americans the highest quality, best in class Identity Theft solutions available today. 2

3 The New Target: SMB Small & Medium Sized Business Have Become a Prime Target! More Firms Buying Insurance for Data Breaches Boston Globe, Feb 17, 2014 Majority of Organizations Unable to Effectively Respond to and Resolve a Cyber-Attack Yahoo Finance, Feb 12, 2014 The Number of Known Records Lost or Stolen in 2013 totaled 55.2 million or just over 1 million per week - Privacy Rights Clearing House, Feb

4 Data Breaches Data breaches are the greatest risk factor for identity fraud In 2013, one in three consumers who received notification of a data breach became a victim. Financial data is especially favored by criminals who are now more than ever successfully targeting this information for theft and subsequent misuse. 40 percent of companies that experience a data breach reported that they have not developed a formal response plan even after their data breach event. The average cost of a single small business cyber-attack was $9,

5 What is the Threat to Small Business? While most consumer frauds won't net a criminal more than $5,000, targeting a business can bring in 10 times that or more, so from a criminal's viewpoint, it's far more cost-effective to target a business rather than a consumer." Robert Morgester California Deputy Attorney General 5

6 SMB Data Breach Consequences Fraudulent use of the business name and financial accounts Fraudulent use of business credentials including BIN Reputational risk and negative public relations Lost or stolen customer and employee information Lost or stolen vendor information Accidental loss or malicious intent Fines, penalties and lawsuits Lost revenue and profits Loss of business 6

7 Business ID Theft Remediation We actively manage identity theft remediation cases for SMBs Fully Managed Business Identity Theft Remediation Blanket Employee ID Theft Recovery Services for Up To 100 Employees With 3 Generation Family Benefits Information Security Breach Response Planning Services Breach Victim Recovery Service for an Affected Group up to 100,000 Consumers Business Internet Monitoring 7

8 Companies that are Eligible All non-public entities, such as sole proprietorship, partnership, corporation, or professional association Three Levels of Employee Counts 100 or less 500 or less 1,000 or less 8

9 SMB Data Breach Risk Factors SMB data breach risk factors include people, processes and technologies: People the insider threat, whether accidental or malicious, can include current and former employees, customers, associates, vendors, and independent contractors. Processes including information technology, enterprise risk management, marketing/sales and human resources need to be aligned, defined, and documented. Technologies that are relied on to conduct and grow your business are also being used to identify vulnerabilities and cyber threats on your business. SMBs do not have the same regulatory protections as consumers 9

10 SafeBiz for Small Business Customers FEATURE DESCRIPTION BENEFIT to the SMALL BIZ EMPLOYEE BENEFIT for up to 100 Employees SECURITY BREACH SOLUTION BUSINESS FRAUD REMEDIATION BUSINESS ACCOUNT MONITORING Fully Managed Identity Recovery Services for up to 100 owners/officers and employees AND their family members (3 generations) Complete end-to-end response planning and execution, and fully managed identity recovery for up to 100,000 affected consumers Business fraud experts on call to investigate and resolve any type of fraud and identity theft using the business name or other business credentials Daily monitoring of the business s primary account to try to detect compromise or misuse before fraud occurs 10 Employer can use benefit as part of overall employee benefit package to attract and retain employees. Eliminates employee distraction and down-time if victimized Saves time, legal expenses, and can help protect the small business from class action and negative publicity Cuts down on loss of use of funds and funding, lost productivity and can save on legal expenses Detects the compromise of account information on internet black markets and other sources

11 Business Breach Response BREACH INCIDENTS MAY INCLUDE: Computer Hacking Physical Break-In Employee Theft Data Disposal Mailroom Errors Accidental loss of Non-Public Info. Malicious loss of NPI Many Others SERVICES INCLUDED AT NO COST One stop breach response planning Research of state laws Drafting of custom notification letters Creating FAQs, Website Notices, Call Center Scripts, Press Releases, etc. Fully Managed Identity Recovery for up to 100,000 affected records of the small business DISCOUNTED RESPONSE SERVICES INCLUDE: Mailing and Address Resolution Services Call Center Services Credit Monitoring Services Identity Monitoring Services Internet Black Market Surveillance Services 11

12 Differentiators Unique Product Features & Differentiators Covered - Unknown ID Theft Events that Occurred Prior to the Effective Date of the Plan Covered - Family Fraud Covered - Acts of Terrorism Covered - Domestic Partners and Self-Employed Persons Covered - Extended 3 Generation Family Plan, Including Grandparents and Children Through the Age of 24 Included Credit Monitoring and Credit Report and Score to Every Victim for Duration of Case and 12 Months Following Included - Online 24x7 Access by Victim to Case Status 12

13 Recovery Advocate Team Advocate Qualifications FCRA & FACTA Certified CITRMS Certified NXG Certified Licensed Private Investigators 17+ Years Avg. Experience Certified Financial Crimes Investigator On Staff Certified Fraud Examiner On Staff Multi-lingual Capability Quality Management Weekly Case Management Reviews Monthly Team Meetings Continuing Education Program Customer Satisfaction Surveys Call Recording and Screen Capture Abandon Rate of 3% or Less Average Time to Answer of 20 Seconds or Less 13

14 SafeBiz Overview Fully Managed Identity Theft Recovery Comprehensive identity theft research and recovery services for all employees, owners and officers, with benefits extending to 3 generations of family. Security Breach Risk Mitigation End to end BREACH RESPONSE PLAN that provides professional preparation and management, including drafting response letters, Public Relations support and scripting. Fraud Detection A highly sophisticated monitoring program that warns if important credentials of the organization have been compromised. Fraud Research and Remediation if Committed Against the Organization A high touch, professional BUSINESS FRAUD REMEDIATION ADOCATE on call to address instances where the business name or other identifier such as tax ID number, account number, purchase orders, payroll checks and others are used fraudulently by an unknown party or an employee of the company. 14

15 Contact Information Majestic Security LLC Majesticsecurityidsafe.com/safebiz.htm 15

SMB Data Breach Risk Management Best Practices. By Mark Pribish February 19, 2015

SMB Data Breach Risk Management Best Practices. By Mark Pribish February 19, 2015 SMB Data Breach Risk Management Best Practices By Mark Pribish February 19, 2015 Presentation Agenda About Mark Pribish Information Governance The Threat Landscape Data Breach Trends Legislative and Regulatory

More information

DATA BREACH COVERAGE

DATA BREACH COVERAGE THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ THIS CAREFULLY. DATA BREACH COVERAGE SCHEDULE OF COVERAGE LIMITS Coverage Limits of Insurance Data Breach Coverage $50,000 Legal Expense Coverage $5,000

More information

A Proposal of Employee Benefits. Innovations in IDENTITY THEFT

A Proposal of Employee Benefits. Innovations in IDENTITY THEFT A of Employee Benefits Innovations in IDENTITY THEFT Innovations in IDENTITY THEFT Name or Logo 2 Innovations in IDENTITY THEFT A Complete Identity Theft Solution Prevention to Prosecution Solution

More information

Family Protection Plan

Family Protection Plan Providing Customizable Products & Services Family Protection Plan The Most Comprehensive Discount Legal Product Available Legal Care Identity Theft Solutions Free & Discounted Legal Care Legal Club of

More information

Ten Questions Your Board Should be asking about Cyber Security. Eric M. Wright, Shareholder

Ten Questions Your Board Should be asking about Cyber Security. Eric M. Wright, Shareholder Ten Questions Your Board Should be asking about Cyber Security Eric M. Wright, Shareholder Eric Wright, CPA, CITP Started my career with Schneider Downs in 1983. Responsible for all IT audit and system

More information

Benefits Handbook Date March 1, 2016. Identity Theft Protection Benefit Program Marsh & McLennan Companies

Benefits Handbook Date March 1, 2016. Identity Theft Protection Benefit Program Marsh & McLennan Companies Date March 1, 2016 Identity Theft Protection Benefit Program Marsh & McLennan Companies Marsh & McLennan Companies offers identity theft solutions, supplied by InfoArmor, to all eligible employees (family

More information

Information Protection

Information Protection Information Protection Security is Priority One InfoArmor solutions are created to be SSAE 16, ISO 27001 and DISA STIG compliant, requiring adherence to rigorous data storage practices. We not only passed

More information

The Future of Data Breach Risk Management Response and Recovery. The Cybersecurity Forum April 14, 2016

The Future of Data Breach Risk Management Response and Recovery. The Cybersecurity Forum April 14, 2016 The Future of Data Breach Risk Management Response and Recovery Increasing electronic product life and reliability The Cybersecurity Forum April 14, 2016 Today s Topics About Merchants Information Solutions,

More information

Preparedness for Data Breach Events Inside and Outside Your Credit Union

Preparedness for Data Breach Events Inside and Outside Your Credit Union Preparedness for Data Breach Events Inside and Outside Your Credit Union Jim McCabe, Sr. V.P. Identity Theft Services, Vero Mark Pribish, VP & ID Theft Practice Leader, Merchants Information Solutions

More information

Benefits Handbook Date September 1, 2015. Identity Theft Protection Benefit Program Marsh & McLennan Companies

Benefits Handbook Date September 1, 2015. Identity Theft Protection Benefit Program Marsh & McLennan Companies Date September 1, 2015 Identity Theft Protection Benefit Program Marsh & McLennan Companies Marsh & McLennan Companies offers identity theft solutions, supplied by InfoArmor, to all eligible employees

More information

Managing Your Cyber & Data Risk 2010 NTA Convention Montreal, Quebec

Managing Your Cyber & Data Risk 2010 NTA Convention Montreal, Quebec Managing Your Cyber & Data Risk 2010 NTA Convention Montreal, Quebec Jeremy Ong Divisional Vice-President Great American Insurance Company November 13, 2010 1 Agenda Overview of data breach statistics

More information

Fraud Prevention Checklist for Small Businesses

Fraud Prevention Checklist for Small Businesses Fraud Prevention Checklist for Small Businesses 11 Ways to Minimize the Risk and Impact PAYMENT SOLUTIONS Fraud can have a devastating impact on small businesses. Prevention and mitigation strategies can

More information

Cyber Insurance Presentation

Cyber Insurance Presentation Cyber Insurance Presentation Presentation Outline Introduction General overview of Insurance About us Cyber loss statistics Cyber Insurance product coverage Loss examples Q & A About Us A- Rated reinsurance

More information

WHITE PAPER KEEPING CLIENT AND EMPLOYEE DATA SECURE DRIVES REVENUE AND BUILDS TRUST PROTECTING THE PROTECTOR

WHITE PAPER KEEPING CLIENT AND EMPLOYEE DATA SECURE DRIVES REVENUE AND BUILDS TRUST PROTECTING THE PROTECTOR KEEPING CLIENT AND EMPLOYEE DATA SECURE DRIVES REVENUE AND BUILDS TRUST Protecting Identities. Enhancing Reputations. IDT911 1 DATA BREACHES AND SUBSEQUENT IDENTITY THEFT AND FRAUD THREATEN YOUR ORGANIZATION

More information

Data Breach and Senior Living Communities May 29, 2015

Data Breach and Senior Living Communities May 29, 2015 Data Breach and Senior Living Communities May 29, 2015 Todays Objectives: 1. Discuss Current Data Breach Trends & Issues 2. Understanding Why The Senior Living Industry May Be A Target 3. Data Breach Costs

More information

HIPAA. New Breach Notification Risk Assessment and Sanctions Policy. Incident Management Policy. Focus on: For breaches affecting 1 3 individuals

HIPAA. New Breach Notification Risk Assessment and Sanctions Policy. Incident Management Policy. Focus on: For breaches affecting 1 3 individuals HIPAA New Breach Notification Risk Assessment and Sanctions Policy Incident Management Policy For breaches affecting 1 3 individuals +25 individuals + 500 individuals Focus on: analysis documentation PHI

More information

Identity Theft Security and Compliance: Issues for Business

Identity Theft Security and Compliance: Issues for Business Identity Theft Security and Compliance: Issues for Business The Facts Six Common Uses for Stolen Information Financial Criminal Medical DMV Social Security Terrorist The Facts A Chronology of Data Breaches

More information

PRIVACY BREACH MANAGEMENT POLICY

PRIVACY BREACH MANAGEMENT POLICY PRIVACY BREACH MANAGEMENT POLICY DM Approval: Effective Date: October 1, 2014 GENERAL INFORMATION Under the Access to Information and Protection of Privacy Act (ATIPP Act) public bodies such as the Department

More information

YOUR CITY/MUNICIPALITY

YOUR CITY/MUNICIPALITY The Red Flags Rule What Companies Need to Know About Complying with the New Privacy Laws for Fighting Identity Theft Is YOUR CITY/MUNICIPALITY In Compliance FACTA / GLB Safeguard Rule / The RED FLAGS RULE?

More information

Data Breach and Cybersecurity: What Happens If You or Your Vendor Is Hacked

Data Breach and Cybersecurity: What Happens If You or Your Vendor Is Hacked Data Breach and Cybersecurity: What Happens If You or Your Vendor Is Hacked Linda Vincent, R.N., P.I., CITRMS Vincent & Associates Founder The Identity Advocate San Pedro, California The opinions expressed

More information

March 22, 2013. Tennessee State Employees Association 627 Woodland Street Nashville, TN 37206

March 22, 2013. Tennessee State Employees Association 627 Woodland Street Nashville, TN 37206 March 22, 2013 March 22, 2013 Tennessee State Employees Association 627 Woodland Street Nashville, TN 37206 InfoArmor is pleased to present the Tennessee State Employees Association (TSEA) with the following

More information

Aftermath of a Data Breach Study

Aftermath of a Data Breach Study Aftermath of a Data Breach Study Sponsored by Experian Data Breach Resolution Independently conducted by Ponemon Institute LLC Publication Date: January 2012 Ponemon Institute Research Report Aftermath

More information

RLI PROFESSIONAL SERVICES GROUP PROFESSIONAL LEARNING EVENT PSGLE 123. Cybersecurity: A Growing Concern for Small Businesses

RLI PROFESSIONAL SERVICES GROUP PROFESSIONAL LEARNING EVENT PSGLE 123. Cybersecurity: A Growing Concern for Small Businesses RLI PROFESSIONAL SERVICES GROUP PROFESSIONAL LEARNING EVENT PSGLE 123 Cybersecurity: A Growing Concern for Small Businesses Copyright Materials This presentation is protected by US and International Copyright

More information

Frequently Asked Questions Wellmark s Identity Protection Services Offering Member Q&A

Frequently Asked Questions Wellmark s Identity Protection Services Offering Member Q&A Learn More Frequently Asked Questions Wellmark s Identity Protection Services Offering Member Q&A Enrolling in identity protection services Q1. How can I enroll in identity protection services? A1. Enrollment

More information

Privacy Liability & Data Breach Management Nikos Georgopoulos Cyber Risks Advisor cyrm October 2014

Privacy Liability & Data Breach Management Nikos Georgopoulos Cyber Risks Advisor cyrm October 2014 Privacy Liability & Data Breach Management Nikos Georgopoulos Cyber Risks Advisor cyrm October 2014 Nikos Georgopoulos Privacy Liability & Data Breach Management wwww.privacyrisksadvisors.com October 2014

More information

Managing Cyber Security as a Business Risk: Cyber Insurance in the Digital Age

Managing Cyber Security as a Business Risk: Cyber Insurance in the Digital Age Managing Cyber Security as a Business Risk: Cyber Insurance in the Digital Age Sponsored by Experian Data Breach Resolution Independently conducted by Ponemon Institute LLC Publication Date: August 2013

More information

DAMAGE CONTROL: THE COST OF SECURITY BREACHES IT SECURITY RISKS SPECIAL REPORT SERIES

DAMAGE CONTROL: THE COST OF SECURITY BREACHES IT SECURITY RISKS SPECIAL REPORT SERIES DAMAGE CONTROL: THE COST OF SECURITY BREACHES IT SECURITY RISKS SPECIAL REPORT SERIES Kaspersky Lab 2 Corporate IT Security Risks Survey details: More than 5500 companies in 26 countries around the world

More information

Network Security & Privacy Landscape

Network Security & Privacy Landscape Network Security & Privacy Landscape Presented By: Greg Garijanian Senior Underwriter Professional Liability 1 Agenda Network Security Overview -Latest Threats - Exposure Trends - Regulations Case Studies

More information

Certified Identity Protection Advisor (CIPA) Overview & Curriculum

Certified Identity Protection Advisor (CIPA) Overview & Curriculum Overview The Certified Identity Protection Advisor (CIPA) program is an international registered certification which is designed to educate and certify professionals interested in identity theft risk management.

More information

The High Price of Medical Identity Theft and Fraud

The High Price of Medical Identity Theft and Fraud The High Price of Medical Identity Theft and Fraud Some Quick Facts 3 times more likely to be ID fraud victim if credit/debit card breached 1 New ID fraud victim every 2 seconds 2 Few adults are familiar

More information

How to Prepare for a Data Breach

How to Prepare for a Data Breach IT Forum How to Prepare for a Data Breach Expediting Response and Minimizing Losses Presentation for SURA IT Committee November 5,,2014 Laura Whitaker, Senior Research Director eab.com Getting to Know

More information

Healthcare Utilizing Trusted Identity Credentials

Healthcare Utilizing Trusted Identity Credentials Healthcare Utilizing Trusted NextgenID - Headquarters 10226 San Pedro Ave, Suite 100 San Antonio, TX 78216 (210) 530-9991 NextgenID - Washington DC 13454 Sunrise Valley Drive, Suite 430 Herndon, VA 20171

More information

DATA BREACHES: WHEN COMPLIANCE IS NOT ENOUGH

DATA BREACHES: WHEN COMPLIANCE IS NOT ENOUGH DATA BREACHES: WHEN COMPLIANCE IS NOT ENOUGH Andy Watson Grant Thornton LLP. All rights reserved. CYBERSECURITY 2 SURVEY OF CHIEF AUDIT EXECUTIVES (CAEs) GRANT THORNTON'S 2014 CAE SURVEY Data privacy and

More information

GUIDE TO IMPROVING INFORMATION SECURITY IDENTIFYING WEAKNESSES & STRENGTHENING SECURITY

GUIDE TO IMPROVING INFORMATION SECURITY IDENTIFYING WEAKNESSES & STRENGTHENING SECURITY Penetration Testing: What You Need to Know Now GUIDE TO IMPROVING INFORMATION SECURITY IDENTIFYING WEAKNESSES & STRENGTHENING SECURITY PENETRATION TESTING: GUIDE TO IMPROVING INFORMATION SECURITY Contact

More information

Managing Cyber & Privacy Risks

Managing Cyber & Privacy Risks Managing Cyber & Privacy Risks NAATP Conference 2013 NSM Insurance Group Sean Conaboy Rich Willetts SEAN CONABOY INSURANCE BROKER NSM INSURANCE GROUP o Sean has been with NSM Insurance Group for the past

More information

WILLIS SPECIAL REPORT: 10K DISCLOSURES HOW RETAIL COMPANIES DESCRIBE THEIR CYBER LIABILITY EXPOSURES

WILLIS SPECIAL REPORT: 10K DISCLOSURES HOW RETAIL COMPANIES DESCRIBE THEIR CYBER LIABILITY EXPOSURES WILLIS SPECIAL REPORT: 10K DISCLOSURES HOW RETAIL COMPANIES DESCRIBE THEIR CYBER LIABILITY EXPOSURES This special report examines the cyber risk disclosures made by the retail sector of the Fortune 1000.

More information

Cyber Risk: Global Warning? by Cinzia Altomare, Gen Re

Cyber Risk: Global Warning? by Cinzia Altomare, Gen Re Cyber Risk: Global Warning? by Cinzia Altomare, Gen Re Global Warning It is a matter of time before there is a major cyber attackon the global financial system and the public needs to invest heavily in

More information

Cyber-Crime Protection

Cyber-Crime Protection Cyber-Crime Protection A program of cyber-crime prevention, data breach remedies and data risk liability insurance for houses of worship, camps, schools, denominational/association offices and senior living

More information

SINGAPORE HEALTHCARE ENTERPRISE RISK MANAGEMENT CONGRESS 2014 - Data Breach : The Emerging Threat to Healthcare Industry

SINGAPORE HEALTHCARE ENTERPRISE RISK MANAGEMENT CONGRESS 2014 - Data Breach : The Emerging Threat to Healthcare Industry SINGAPORE HEALTHCARE ENTERPRISE RISK MANAGEMENT CONGRESS 2014 - Data Breach : The Emerging Threat to Healthcare Industry DATA BREACH A FICTIONAL CASE STUDY THE FIRST SIGNS OF TROUBLE Friday, 5.20 pm :

More information

Bearak Reports Inc dba Identity Force

Bearak Reports Inc dba Identity Force GENERAL SERVICES ADMINSTRATION Federal Supply Service Authorized Federal Supply Schedule Price List For more information on ordering from Federal Supply Schedules click on the FSS Schedules button at fss.gsa.gov

More information

IDENTITY THEFT SOLUTIONS

IDENTITY THEFT SOLUTIONS IDENTITY THEFT SOLUTIONS Introduction About UNFCU Financial Advisors About AON Benfield Identity Theft Partners Product and Services Strategies Solutions -Employee -Member 1. Embed 2. Affiliate -SafeBiz

More information

Data Security Incident Response Plan. [Insert Organization Name]

Data Security Incident Response Plan. [Insert Organization Name] Data Security Incident Response Plan Dated: [Month] & [Year] [Insert Organization Name] 1 Introduction Purpose This data security incident response plan provides the framework to respond to a security

More information

Identity Theft Plan. Guidebook. Copyright 2013 Prepaid Plans All Rights Reserved

Identity Theft Plan. Guidebook. Copyright 2013 Prepaid Plans All Rights Reserved Identity Theft Plan Guidebook Copyright 2013 Prepaid Plans All Rights Reserved Identity Theft Solutions Identity Theft Insurance Claims When filing an identity theft claim please contact a claims administrator

More information

POSITION PAPER. A Full Recovery Approach to Data Breach Response

POSITION PAPER. A Full Recovery Approach to Data Breach Response POSITION PAPER A Full Recovery Approach to Data Breach Response In data breach situations, organizations have typically responded with damage control : legally required notification of the individuals

More information

CYBER RISK SECURITY, NETWORK & PRIVACY

CYBER RISK SECURITY, NETWORK & PRIVACY CYBER RISK SECURITY, NETWORK & PRIVACY CYBER SECURITY, NETWORK & PRIVACY In the ever-evolving technological landscape in which we live, our lives are dominated by technology. The development and widespread

More information

October 24, 2014. Mitigating Legal and Business Risks of Cyber Breaches

October 24, 2014. Mitigating Legal and Business Risks of Cyber Breaches October 24, 2014 Mitigating Legal and Business Risks of Cyber Breaches AGENDA Introductions Cyber Threat Landscape Cyber Risk Mitigation Strategies 1 Introductions 2 Introductions To Be Confirmed Title

More information

Information Security Incident Management Guidelines

Information Security Incident Management Guidelines Information Security Incident Management Guidelines INFORMATION TECHNOLOGY SECURITY SERVICES http://safecomputing.umich.edu Version #1.0, June 21, 2006 Copyright 2006 by The Regents of The University of

More information

Cybersecurity: A Growing Concern for All Businesses. RLI Design Professionals Design Professionals Learning Event DPLE 160 October 7, 2015

Cybersecurity: A Growing Concern for All Businesses. RLI Design Professionals Design Professionals Learning Event DPLE 160 October 7, 2015 Cybersecurity: A Growing Concern for All Businesses RLI Design Professionals Design Professionals Learning Event DPLE 160 October 7, 2015 RLI Design Professionals is a Registered Provider with The American

More information

Internet Gaming: The New Face of Cyber Liability. Presented by John M. Link, CPCU Cottingham & Butler

Internet Gaming: The New Face of Cyber Liability. Presented by John M. Link, CPCU Cottingham & Butler Internet Gaming: The New Face of Cyber Liability Presented by John M. Link, CPCU Cottingham & Butler 1 Presenter John M. Link, Vice President jlink@cottinghambutler.com 2 What s at Risk? $300 billion in

More information

BOARD OF GOVERNORS MEETING JUNE 25, 2014

BOARD OF GOVERNORS MEETING JUNE 25, 2014 CYBER RISK UPDATE BOARD OF GOVERNORS MEETING JUNE 25, 2014 EXECUTIVE SUMMARY Cyber risk has become a major threat to organizations around the world, as highlighted in several well-publicized data breaches

More information

ISOO Notice 2015-04: Update on Recent Cyber Incidents at OPM

ISOO Notice 2015-04: Update on Recent Cyber Incidents at OPM ISOO Notice 2015-04: Update on Recent Cyber Incidents at OPM July 10, 2015 The following notice provides an update on the recent cyber incidents at the U.S. Office of Personnel Management (OPM). The information

More information

Insurance Considerations Related to Data Security and Breach in Outsourcing Agreements

Insurance Considerations Related to Data Security and Breach in Outsourcing Agreements Insurance Considerations Related to Data Security and Breach in Outsourcing Agreements Greater New York Chapter Association of Corporate Counsel November 19, 2015 Stephen D. Becker, Executive Vice President

More information

Cybersecurity: Protecting Your Business. March 11, 2015

Cybersecurity: Protecting Your Business. March 11, 2015 Cybersecurity: Protecting Your Business March 11, 2015 Grant Thornton. All LLP. rights All reserved. rights reserved. Agenda Introductions Presenters Cybersecurity Cybersecurity Trends Cybersecurity Attacks

More information

Cyber Security Protecting critical health care information

Cyber Security Protecting critical health care information OnTrend APRIL 2016 ISSUE Cyber Security Protecting critical health care information The trend Cyber Security As health care data security breaches proliferate, putting members data at risk for fraud or

More information

The Best Identity Protection

The Best Identity Protection The Best Identity Protection AGENDA Identity theft defined Types of identity theft The impact on workers How employers can help The product 2 IDENTITY THEFT DEFINED Identity Theft: The fraudulent acquisition

More information

The Onslaught of Cyber Security Threats and What that Means to You

The Onslaught of Cyber Security Threats and What that Means to You The Onslaught of Cyber Security Threats and What that Means to You No End in Sight for Cyber Crime Growth Number of mobile devices affected IBM Number of accounts hacked CNN Money Number of malware samples

More information

Cybersecurity Issues for Community Banks

Cybersecurity Issues for Community Banks Eastern Massachusetts Compliance Network Cybersecurity Issues for Community Banks Copyright 2014 by K&L Gates LLP. All rights reserved. Sean P. Mahoney sean.mahoney@klgates.com K&L Gates LLP State Street

More information

Cyber-Security Risk- IP Theft and Data Breaches Protecting your Crown Jewels Internally and with Your Key Third Parties

Cyber-Security Risk- IP Theft and Data Breaches Protecting your Crown Jewels Internally and with Your Key Third Parties Cyber-Security Risk- IP Theft and Data Breaches Protecting your Crown Jewels Internally and with Your Key Third Parties Pamela Passman President and CEO Center for Responsible Enterprise And Trade (CREATe.org)

More information

Cyber Security An Exercise in Predicting the Future

Cyber Security An Exercise in Predicting the Future Cyber Security An Exercise in Predicting the Future Paul Douglas, August 25, 2014 AUDIT & ACCOUNTING + CONSULTING + TAX SERVICES + TECHNOLOGY I www.pncpa.com I www.pntech.net What is Cyber Security? Measures

More information

Prime Therapeutics Security Awareness Essentials*

Prime Therapeutics Security Awareness Essentials* Prime Therapeutics Security Awareness Essentials* Click Next to begin. Why Information Security? Click Next to continue. Prime Security Awareness Essentials Module 1: Protecting Our Clients, Protecting

More information

Privacy Liability & Data Breach Management Nikos Georgopoulos 1 st Athens Privacy & Data Breach Management Conference

Privacy Liability & Data Breach Management Nikos Georgopoulos 1 st Athens Privacy & Data Breach Management Conference Privacy Liability & Data Breach Management Nikos Georgopoulos 1 st Athens Privacy & Data Breach Management Conference N.G. Privacy Liability Insurance Presentation to Athens 1 st Privacy & Data Breach

More information

DATA SECURITY BREACH MANAGEMENT POLICY AND PROCEDURE

DATA SECURITY BREACH MANAGEMENT POLICY AND PROCEDURE DATA SECURITY BREACH MANAGEMENT POLICY AND PROCEDURE 1. INTRODUCTION Annex C 1.1 Surrey Heath Borough Council (SHBC) processes personal data and must respond appropriately against unauthorised or unlawful

More information

DATA BREACH POLICY IMPLENTATION GUIDE

DATA BREACH POLICY IMPLENTATION GUIDE DATA BREACH POLICY IMPLENTATION GUIDE OCTOBER 15, 2007 1 Data Breach Policy Implementation Guide Purpose The response to any breach of personally identifiable information (PII) can have a critical impact

More information

A UNIQUE SERVICE PACKAGE FOR WHITE MOUNTAINS INSURANCE GROUP

A UNIQUE SERVICE PACKAGE FOR WHITE MOUNTAINS INSURANCE GROUP A UNIQUE SERVICE PACKAGE FOR WHITE MOUNTAINS INSURANCE GROUP As part of your employee benefit package you are provided with a suite of OneBeacon Services! The suite of services provides help with avoiding

More information

S22 - Employee and Customer Awareness Turning Vulnerabilities Into Sentries John Sapp

S22 - Employee and Customer Awareness Turning Vulnerabilities Into Sentries John Sapp S22 - Employee and Customer Awareness Turning Vulnerabilities Into Sentries John Sapp Employee and Customer Awareness Turning Vulnerabilities Into Sentries What You Will Learn Data Breaches + employees

More information

8/3/2015. Integrating Behavioral Health and HIV Into Electronic Health Records Communities of Practice

8/3/2015. Integrating Behavioral Health and HIV Into Electronic Health Records Communities of Practice Integrating Behavioral Health and HIV Into Electronic Health Records Communities of Practice Monday, August 3, 2015 1 How to ask a question during the webinar If you dialed in to this webinar on your phone

More information

How-To Guide: Cyber Security. Content Provided by

How-To Guide: Cyber Security. Content Provided by How-To Guide: Cyber Security Content Provided by Who needs cyber security? Businesses that have, use, or support computers, smartphones, email, websites, social media, or cloudbased services. Businesses

More information

Don t Be a Victim to Data Breach Risks Protecting Your Organization From Data Breach and Privacy Risks

Don t Be a Victim to Data Breach Risks Protecting Your Organization From Data Breach and Privacy Risks Don t Be a Victim to Data Breach Risks Protecting Your Organization From Data Breach and Privacy Risks Thank you for joining us. We have a great many participants in today s call. Your phone is currently

More information

CSR Breach Reporting Service Frequently Asked Questions

CSR Breach Reporting Service Frequently Asked Questions CSR Breach Reporting Service Frequently Asked Questions Quick and Complete Reporting is Critical after Data Loss Why do businesses need this service? If organizations don t have this service, what could

More information

The New Normal Healthcare s New Threat Profile. Matthew Sadler National Director, Healthcare Cyber Security KPMG November 2015

The New Normal Healthcare s New Threat Profile. Matthew Sadler National Director, Healthcare Cyber Security KPMG November 2015 The New Normal Healthcare s New Threat Profile Matthew Sadler National Director, Healthcare Cyber Security KPMG November 2015 Recent Events Cybercriminals Today Cyber Threats Why Are We Such a Big Target?

More information

REDEFINING THE BOUNDARIES OF RISK MANAGEMENT, NOW AND INTO THE FUTURE

REDEFINING THE BOUNDARIES OF RISK MANAGEMENT, NOW AND INTO THE FUTURE CYBER RISKS SECURITY BREACH CHECKLIST REDEFINING THE BOUNDARIES OF RISK MANAGEMENT, NOW AND INTO THE FUTURE STEP 1 UNDERTAKE PRELIMINARY ASSESSMENT OF THE INCIDENT A serious data security breach is described

More information

The Growing Problem of Data Breaches in America

The Growing Problem of Data Breaches in America Continuity Insights The Growing Problem of Data Breaches in America Today s Questions to Cover 1. What is a Data Breach? 2. How Significant is the Problem? 3. How Do Thieves Steal the Data? 4. How Does

More information

The Data Breach: How to stay defensible before, during and after the incident. Alex Ricardo, CIPP/US Breach Response Services

The Data Breach: How to stay defensible before, during and after the incident. Alex Ricardo, CIPP/US Breach Response Services The Data Breach: How to stay defensible before, during and after the incident. Alex Ricardo, CIPP/US Breach Response Services What we are NOT doing today Providing Legal Advice o Informational Purposes

More information

Standard: Information Security Incident Management

Standard: Information Security Incident Management Standard: Information Security Incident Management Page 1 Executive Summary California State University Information Security Policy 8075.00 states security incidents involving loss, damage or misuse of

More information

Cybersecurity and the Threat to Your Company

Cybersecurity and the Threat to Your Company Why is BIG Data Important? March 2012 1 Cybersecurity and the Threat to Your Company A Navint Partners White Paper September 2014 www.navint.com Cyber Security and the threat to your company September

More information

Data Security Breaches: Learn more about two new regulations and how to help reduce your risks

Data Security Breaches: Learn more about two new regulations and how to help reduce your risks Data Security Breaches: Learn more about two new regulations and how to help reduce your risks By Susan Salpeter, Vice President, Zurich Healthcare Risk Management News stories about data security breaches

More information

Anatomy of a Hotel Breach

Anatomy of a Hotel Breach Page 1 of 6 Anatomy of a Hotel Breach Written by Sandy B. Garfinkel Monday, 09 June 2014 15:22 Like 0 Tweet 0 0 Data breach incidents have dominated the news in 2014, and they are only becoming more frequent

More information

Cyber Liability Insurance:

Cyber Liability Insurance: Cyber Liability Insurance: Reg Harnish, CISSP, CISM, CISA Chief Security Strategist GreyCastle Security Steve Lobel Vice President Anchor Agency October 17, 2013 1,200 Introduction Cybercrime Today Major

More information

Introduction to Data Security Breach Preparedness with Model Data Security Breach Preparedness Guide

Introduction to Data Security Breach Preparedness with Model Data Security Breach Preparedness Guide Introduction to Data Security Breach Preparedness with Model Data Security Breach Preparedness Guide by Christopher Wolf Directors, Privacy and Information Management Practice Hogan Lovells US LLP christopher.wolf@hoganlovells.com

More information

KEY STEPS FOLLOWING A DATA BREACH

KEY STEPS FOLLOWING A DATA BREACH KEY STEPS FOLLOWING A DATA BREACH Introduction This document provides key recommended steps to be taken following the discovery of a data breach. The document does not constitute an exhaustive guideline,

More information

FACTA Identity Theft Red Flags Program. www.chs.acfei.com

FACTA Identity Theft Red Flags Program. www.chs.acfei.com 1 FACTA Identity Theft Red Flags Program Module 1 Fair and Accurate Credit Transactions Act Overview Identity thieves use individual s personal identifiable information to open new accounts and misuse

More information

THE NEW REALITY OF RISK CYBER RISK: TRENDS AND SOLUTIONS

THE NEW REALITY OF RISK CYBER RISK: TRENDS AND SOLUTIONS THE NEW REALITY OF RISK CYBER RISK: TRENDS AND SOLUTIONS Read the Marsh Risk Management Research Briefing: Cyber Risks Extend Beyond Data and Privacy Exposures To access the report, visit www.marsh.com.

More information

Guidance on data security breach management

Guidance on data security breach management Guidance on data security breach management Organisations which process personal data must take appropriate measures against unauthorised or unlawful processing and against accidental loss, destruction

More information

WHITE PAPER BREACH, PRIVACY, AND CYBER COVERAGES: FACT AND FICTION CYBER COVERAGES

WHITE PAPER BREACH, PRIVACY, AND CYBER COVERAGES: FACT AND FICTION CYBER COVERAGES BREACH, PRIVACY, AND CYBER COVERAGES: FACT AND FICTION IDT911 1 DEFINITIONS 1. Cyber Programs - Focuses on services and systems related to technology and their use in business. Risks addressed include

More information

Information Incident Management Policy

Information Incident Management Policy Information Incident Management Policy Change History Version Date Description 0.1 04/01/2013 Draft 0.2 26/02/2013 Replaced procedure details with broad principles 0.3 27/03/2013 Revised following audit

More information

4. Please submit response to the attached questionnaire in accordance to instructions.

4. Please submit response to the attached questionnaire in accordance to instructions. July 11, 2013 RE: Solicitation No. 7005944 - Identity Theft Protection Program The Dallas/Fort Worth International Airport Board (hereafter "Board or DFW Airport ) is seeking competitive, sealed proposals

More information

Network Security & Privacy Landscape

Network Security & Privacy Landscape Network Security & Privacy Landscape Presented By: Pam Townley, AVP / Eastern Zonal Manager AIG Professional Liability Division Jennifer Bolling, Account Executive Gallagher Management Liability Division

More information

2015 PIAA Corporate Counsel Workshop October 22 23, 2015 Considerations in Cyber Liability Coverage

2015 PIAA Corporate Counsel Workshop October 22 23, 2015 Considerations in Cyber Liability Coverage 2015 PIAA Corporate Counsel Workshop October 22 23, 2015 Considerations in Cyber Liability Coverage Chris Reese Vice President, Director of Underwriting Connie Rivas Asst. Vice President, Contracts and

More information

ACE Advantage PRIVACY & NETWORK SECURITY

ACE Advantage PRIVACY & NETWORK SECURITY ACE Advantage PRIVACY & NETWORK SECURITY SUPPLEMENTAL APPLICATION COMPLETE THIS APPLICATION ONLY IF REQUESTING COVERAGE FOR PRIVACY LIABILITY AND/OR NETWORK SECURITY LIABILITY COVERAGE. Please submit with

More information

Cyber Warfare. Global Economic Crime Survey. Causes of Cyber Attacks. David Childers, CEO Compli Vivek Krishnamurthy, Foley Hoag LLP. Why Cybercrime?

Cyber Warfare. Global Economic Crime Survey. Causes of Cyber Attacks. David Childers, CEO Compli Vivek Krishnamurthy, Foley Hoag LLP. Why Cybercrime? Cyber Warfare David Childers, CEO Compli Vivek Krishnamurthy, Foley Hoag LLP Global Economic Crime Survey Cyber crime is the fastest growing economic crime up more than 2300% since 2009 1 in 10 companies

More information

Procedure for Managing a Privacy Breach

Procedure for Managing a Privacy Breach Procedure for Managing a Privacy Breach (From the Privacy Policy and Procedures available at: http://www.mun.ca/policy/site/view/index.php?privacy ) A privacy breach occurs when there is unauthorized access

More information

Identity Theft Protection Plans

Identity Theft Protection Plans Identity Theft Protection Plans Legal Resources has partnered with IdentityForce to offer two plan options for identity theft protection for employees at the City of Virginia Beach and Virginia Beach City

More information

Cyber Risks Management. Nikos Georgopoulos, MBA, cyrm Cyber Risks Advisor

Cyber Risks Management. Nikos Georgopoulos, MBA, cyrm Cyber Risks Advisor Cyber Risks Management Nikos Georgopoulos, MBA, cyrm Cyber Risks Advisor 1 Contents Corporate Assets Data Breach Costs Time from Earliest Evidence of Compromise to Discovery of Compromise The Data Protection

More information

Prepared testimony of W. Joseph Majka Head of Fraud Control and Investigations Visa Inc.

Prepared testimony of W. Joseph Majka Head of Fraud Control and Investigations Visa Inc. Prepared testimony of W. Joseph Majka Head of Fraud Control and Investigations Visa Inc. Before the Subcommittee on Emerging Threats, Cybersecurity, and Science and Technology of the House Committee on

More information

Lessons Learned from Recent HIPAA and Big Data Breaches. Briar Andresen Katie Ilten Ann Ladd

Lessons Learned from Recent HIPAA and Big Data Breaches. Briar Andresen Katie Ilten Ann Ladd Lessons Learned from Recent HIPAA and Big Data Breaches Briar Andresen Katie Ilten Ann Ladd Recent health care breaches Breach reports to OCR as of February 2015 1,144 breaches involving 500 or more individual

More information

Cisco Security Services

Cisco Security Services Cisco Security Services Cisco Security Services help you defend your business from evolving security threats, enhance the efficiency of your internal staff and processes, and increase the return on your

More information

Nine Steps to Smart Security for Small Businesses

Nine Steps to Smart Security for Small Businesses Nine Steps to Smart Security for Small Businesses by David Lacey Co-Founder, Jericho Forum Courtesy of TABLE OF CONTENTS INTRODUCTION... 1 WHY SHOULD I BOTHER?... 1 AREN T FIREWALLS AND ANTI-VIRUS ENOUGH?...

More information

FREQUENTLY ASKED QUESTIONS

FREQUENTLY ASKED QUESTIONS Updated 2/6/2015 Anthem and its affiliated brands was the target of a very sophisticated external cyber-attack. These cyber attackers gained unauthorized access to Anthem s information technology (IT)

More information

IDENTITY THEFT IN SOUTH CAROLINA: 2014 UPDATE. Marti Phillips, Esq. Director, Identity Theft Unit South Carolina Department of Consumer Affairs

IDENTITY THEFT IN SOUTH CAROLINA: 2014 UPDATE. Marti Phillips, Esq. Director, Identity Theft Unit South Carolina Department of Consumer Affairs IDENTITY THEFT IN SOUTH CAROLINA: 2014 UPDATE Marti Phillips, Esq. Director, Identity Theft Unit South Carolina Department of Consumer Affairs This presentation is not meant to serve as a substitute for

More information

Cyber and Privacy Risk What Are the Trends? Is Insurance the Answer?

Cyber and Privacy Risk What Are the Trends? Is Insurance the Answer? Minnesota Society for Healthcare Risk Management September 22, 2011 Cyber and Privacy Risk What Are the Trends? Is Insurance the Answer? Melissa Krasnow, Partner, Dorsey & Whitney, and Certified Information

More information