Surety Matters

Our blog covering the latest in bonds and insurance
Displaying 64 results for: Breach
Cyber 07.22.2019

Average Cyber Attack Cost Would Close 48% of Small Businesses

Over half of small to medium sized business executives recently declared that suffering a major data breach is more of a threat to their business than a flood, fire, strike, or physical break in to…
Read Moreabout Average Cyber Attack Cost Would Close 48% of Small Businesses

Average Cyber Attack Cost Would Close 48% of Small Businesses
Cyber 07.17.2019

Cyber Attackers Can Use Your Own Systems to Steal Your Data

It does not take a computer virus or public data mining for a cyber attacker to cause a data breach at your company. They can use your own systems against you to get what they…
Read Moreabout Cyber Attackers Can Use Your Own Systems to Steal Your Data

Cyber Attackers Can Use Your Own Systems to Steal Your Data
Cyber 07.17.2019

Cyber Attackers Can Steal from Your Older Files Too

You may think that cyber attackers are only going to go after your current information. However, just as small businesses are targets because they do not protect data as well as large companies, older information…
Read Moreabout Cyber Attackers Can Steal from Your Older Files Too

Cyber Attackers Can Steal from Your Older Files Too
Cyber 07.16.2019

Data Breach Costs Often Felt 2 or More Years After Hack

Cyber attacks can cause large amounts of sensitive and valuable data to be exposed via hackers. But cyber attack effects do not end as soon as the data is exposed soon after the attack. The…
Read Moreabout Data Breach Costs Often Felt 2 or More Years After Hack

Data Breach Costs Often Felt 2 or More Years After Hack
ERISA 07.13.2019

Fiduciary Breach Statute of Limitations Does Not Begin Without Actual Knowledge

In Sulyma v. Intel Investment Policy Committee (9th Cir. 2018), the Ninth Circuit Court of Appeals ruled that in order for the statute of limitations to begin on a fiduciary breach, the one alleging the breach must have actual…
Read Moreabout Fiduciary Breach Statute of Limitations Does Not Begin Without Actual Knowledge

Fiduciary Breach Statute of Limitations Does Not Begin Without Actual Knowledge
Cyber 07.11.2019

The U.S. has Lost $1.6 Trillion Due to Data Breaches Since 2008

Since 2008, the United States has lost an overall amount of more than $1.6 trillion due to data breaches alone. Even these figures may be on the low end of the real number lost, however, as…
Read Moreabout The U.S. has Lost $1.6 Trillion Due to Data Breaches Since 2008

The U.S. has Lost $1.6 Trillion Due to Data Breaches Since 2008
ERISA 07.11.2019

Fiduciary Liability of Administrative Staff

You may not think communications with plan administrative staff could cause a fiduciary breach, but you would be wrong. Plan administrative staff members are functionally plan fiduciaries when they communicate with plan participants and their…
Read Moreabout Fiduciary Liability of Administrative Staff

Fiduciary Liability of Administrative Staff
Cyber 07.09.2019

Best Cyber Defense Practices May Not Stop Data Breaches

You can read guides on how to best protect sensitive data stored by a 401(k) plan related to its participants and funds. Monitoring and securing accounts on a regular schedule can help make sure that only the…
Read Moreabout Best Cyber Defense Practices May Not Stop Data Breaches

Best Cyber Defense Practices May Not Stop Data Breaches
Cyber 07.09.2019

Data Breach Sends Equifax Executive to Jail

Former Equifax CIO Jun Ying has been sentenced to four months in prison for insider trading. Ying was found to have sold Equifax stock after the famed data breach was discovered but before the public was aware…
Read Moreabout Data Breach Sends Equifax Executive to Jail

Data Breach Sends Equifax Executive to Jail