Tag Archives: Cyber Liability/Privacy & Network Security Insurance

Cyber Liability: Common Causes of Healthcare Data Breaches

Cyber Liability Common Causes of Healthcare Data BreachesResearch from Verizon Enterprise Solutions shows that almost 75% of healthcare data breaches can be linked to three common security problems: improper or criminal accessing of credentials to information systems; losses of or thefts of laptops; and unintentional errors, such as sending sensitive information to the wrong person. Managing these issues can significantly impact a healthcare organization’s overall security performance.

How big is the problem? According to the Ponemon Institute’s …

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Cyber Liability Insurance: Where You Turn When a Data Breach Occurs

Cyber Liability Insurance Where You Turn When a Data Breach OccursThe Ponemon Institute, an independent research organization on privacy, data protection and information security policy, estimates that between 2014 and 2015 the cost of data breaches due to malicious or criminal attacks has increased from an average of $159 to $174 per record. With the continuing rise and frequency of attacks and this surge in response expenditures, the potential damage to brand reputation, class-action lawsuits and costly downtime is becoming …

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