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Mitchell & Mitchell Insurance Agency Blog: cyber liability

View the latest blog posts from Mitchell & Mitchell Insurance Agency.

General liability insurance is a blanket policy. It covers many of the risks related to customers or third parties who interact with your business. Yet, it may not offer enough protection for the growing threat of cyber risks. For that, most companies need to invest in cyber liability insurance. READ MORE >>

When you work as a certified public accountant, you’ll handle a lot of money. For example, you might calculate taxes for multiple customers. They expect you to do your work professionally and provide a safe environment to visit. If you make a mistake that harms a customer, what can you do to help them? READ MORE >>

What’s worse than a massive data breach? Not reporting it. Yahoo learned this lesson the hard way. The former Internet giant has been under intense scrutiny for revealing that at least 500 million of its user accounts were stolen back in 2014. It now faces multiple class action lawsuits and its sale to Verizon could be in danger. READ MORE >>

More than four in five U.S. physicians (83 percent) have experienced some form of a cybersecurity attack, according to new research released today by Accenture and the American Medical Association (AMA). This, along with additional findings, signals a call to action for the health care sector to increase cybersecurity support for medical practices in their communities. READ MORE >>

  In February 2016, the California Attorney General Kamala D. Harris released a Data Breach Report analyzing the 657 data breaches that have been reported to her office since 2012 which was the year California began requiring businesses and government agencies to notify the Attorney General’s Office of breaches affecting more than 500 California residents. READ MORE >>

First a quick explanation: Ransomware is Extortion.  It locks down your computer and encrypts files. It’s found in emails inducing people to click on an attachment and link, also found in security downloads.  Demand is made and if you don't pay, your files are lost or you can’t access your system. READ MORE >>

Here's a scary statistic: One in four law firms with 10 to 49 attorneys have experienced a data breach, according to the American Bar Association's TechReport 2016 survey. And this security threat isn't just significant — it's growing. Last year, just 14 percent of firms of that same size say they suffered a data breach. READ MORE >>

It seemed like just another ordinary day for a small online retailer in the Midwest. Little did they know that the simple click of an e-mail link was about to threaten the entire business. One of the company’s employees received an e-mail with a link to a seemingly benign catalog. READ MORE >>

Stallcup & Associates, a San Francisco accounting firm, was attacked with ransomware on July 11, 2016.  Even though the malware was quickly detected, it was still able to encrypt files on a network drive. READ MORE >>

The hottest topic trending today amongst the Accounting Industry is the threat of being hacked.  Because accounting firms hold valuable personal information (addresses, phone numbers, social security numbers, etc.) they are becoming increasingly easy targets for hackers who can sell that information. READ MORE >>

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