Surety Matters

Our blog covering the latest in bonds and insurance
Displaying 9 results for: financial industry
Cyber 05.30.2019

Fiduciary and Cyber Liability Insurance Help You Plan For Tomorrow

It’s taken catastrophes to make people realize that insurance is not just a form of gambling; it helps people and businesses endure. Fiduciary liability insurance and cyber liability insurance may seem like gambling on a…
Read Moreabout Fiduciary and Cyber Liability Insurance Help You Plan For Tomorrow

Fiduciary and Cyber Liability Insurance Help You Plan For Tomorrow
Cyber 05.30.2019

Small Plan Sponsors More Vulnerable to Data Breach Than Big Companies

You’ve probably heard a lot about data breaches at Equifax and Sony, but did you know that small businesses, including individual plan sponsors, are more vulnerable to cyber attack and data breach than those large…
Read Moreabout Small Plan Sponsors More Vulnerable to Data Breach Than Big Companies

Small Plan Sponsors More Vulnerable to Data Breach Than Big Companies
Cyber 05.30.2019

Equifax Took Cybersecurity Seriously, Was Still Hacked

Every organization should take cybersecurity seriously, from the mom and pop shop down the street to Amazon. Equifax CEO Mark Begor testified to the United States Senate that the company took cybersecurity seriously prior to…
Read Moreabout Equifax Took Cybersecurity Seriously, Was Still Hacked

Equifax Took Cybersecurity Seriously, Was Still Hacked
Cyber 05.30.2019

New Jersey Expands Data Breach Laws

New Jersey recently passed a law requiring businesses to notify consumers of online breaches. This, theoretically, would allow consumers to change information to limit attackers’ access to their accounts, such as passwords or usernames. It…
Read Moreabout New Jersey Expands Data Breach Laws

New Jersey Expands Data Breach Laws
Cyber 05.30.2019

Pension Industry Vulnerable to Cyber Attacks

According to a new report from Moody’s Investors Service, some of the industries most likely to be attacked by cyber attacks are finance, investment, and securities. This includes the retirement and pension industries as all…
Read Moreabout Pension Industry Vulnerable to Cyber Attacks

Pension Industry Vulnerable to Cyber Attacks
Cyber 05.29.2019

Average Time Taken to Identify and Contain a Data Breach

According to a survey by the Ponemon Institute of 477 companies that experienced a data breach in 2018, the average number of days to even identify a data breach could be as high as 221…
Read Moreabout Average Time Taken to Identify and Contain a Data Breach

Average Time Taken to Identify and Contain a Data Breach
Cyber 05.29.2019

Financial Markets More Vulnerable to Cyber Attacks

According to a new report from SWIFT and BAE Systems, financial markets are becoming more and more vulnerable to cyber attack and data breaches. With so many participants and points of entry, the report states that…
Read Moreabout Financial Markets More Vulnerable to Cyber Attacks

Financial Markets More Vulnerable to Cyber Attacks
Cyber 05.29.2019

Quick Data Breach Response Time Can Save Your Company

Not only is the number of data breaches increasing every day, but the speed with which customers find out about them is increasing as well. Word is spreading on social media and through online articles…
Read Moreabout Quick Data Breach Response Time Can Save Your Company

Quick Data Breach Response Time Can Save Your Company
Cyber 05.29.2019

Businesses Need To Be Proactive When It Comes to Cybersecurity

As technology becomes more advanced with supply chains becoming automated, data stored remotely in the cloud, and robots working in factories, companies have to become proactive on the cybersecurity front and update their infrastructure to…
Read Moreabout Businesses Need To Be Proactive When It Comes to Cybersecurity

Businesses Need To Be Proactive When It Comes to Cybersecurity