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First Party vs. Third Party Cyber Liability Insurance

For those of us who are not insurance experts, the distinction may not be obvious.  As explained in more detail here, the difference is in who experiences the loss. First party coverage covers damage to your business such as costs of notifying customers, purchasing credit monitoring services, repairing reputational damage or paying a cyber extortionist. […]

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Board Of Directors Role In Cyber Security

The National Law Review has a great article on board member’s responsibility in the area of cyber security. One quote from the article: a 2012 Carnegie Mellon poll of how U.S. boards are managing cyber risks found that 71% rarely or never review privacy and security budgets, 80% rarely or never review roles and responsibilities, and nearly […]

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HR 4681 and government surveillance

HR 4681, the Intelligence Authorization Act for FY 2015 was signed into law on December 19th, 2014 and provides funding for the intelligence community until next September.  The bill and now law contains one section – section 309 – that deals with the collection, retention and sharing of information collected by the intelligence community.  Because […]

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