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Healthcare Cyber Attacks: What You and Your Clients Should Know

ProWriters

Healthcare cyber attacks and data breaches have risen in recent years, according to The HIPAA Journal. In February 2024, Change Healthcare, whose technology powers the processing of some 15 billion medical bills and insurance claims a year, suffered a ransomware attack. Several major breaches have made headlines.

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Introducing Cowbell MDR SOC-as-a-Service

Cowbell

Protecting your business from cyber threats is a full-time job. Cyber resiliency is not easily attainable and cannot be achieved with a single tool, such as endpoint detection. Q3: I have cyber insurance. A3: Cyber insurance is an essential safety net , but it doesnt prevent breaches. Why do I need this?

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RIMS TechRisk/RiskTech: Using Cyberrisk Analytics to Improve Your Cyber Insurance Program

Risk Management Monitor

As ransomware continues to spread and payment costs increase, cyber insurance rates have gone up exponentially. As a result, it is more important than ever for companies to understand their cyber vulnerabilities and exposures so they can ensure they are properly covered. One way to do this is through analytics.

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Pirates Invade Tampa! Is an Invasion Covered Under a Commercial Insurance Policy?

Property Insurance Coverage Law

Is an Invasion Covered Under a Commercial Insurance Policy? It was Gasparilla Day in Tampa yesterday. I wrote about this invasion by pirates last year in Is There Coverage For Pirates? Chip Merlin and His Friends Plunder Tampa on Gasparilla Day!

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Blog Post: Global Microsoft Outage: Guidance for Claimants Navigating the CrowdStrike Event

LexisNexis

Learn about the steps businesses should take to recover on the business interruption, including contract and indemnity claims, caused by this software failure. Cybersecurity Insurance Analyze types of risk to an enterprise that may be covered by cybersecurity insurance.

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A Comprehensive Guide to Understanding Commercial Property Insurance

Protect Commercial Insurance

– Data Breach Insurance : Critical for technology-reliant businesses, protecting against cyber risks. – Inland Marine Insurance : Valuable for businesses frequently moving goods and equipment across locations. . Non-compliance can sometimes void insurance claims.

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Common Myths About Commercial Insurance Debunked

Protect Commercial Insurance

Myth 4: “Insurance Covers All Types of Business Losses” Limitations of Coverage While it would be lovely if insurance covered absolutely everything, that’s not quite the case. For instance, standard commercial insurance might cover damages from a fire, but do you have coverage for theft or cyber-attacks?