As the interest in cyber insurance products escalates, getting a clearer view of claims trends is critical. NetDiligence, a cyber risk assessment and data breach services company, recently published a comprehensive analysis of reported data breach and other cyber event losses. Titled, 2016 Cyber Claims Study, the report was sponsored by OneBeacon Technology among others. Topics include the types of data exposed, causes of loss, business sectors involved, sizes of affected organizations, insider involvement, and third-party involvement. New analyses include:
- Cloud involvement
- Cyber extortion/Ransomware
- Phishing and wire transfer fraud
- POS-related/common point of purchase/CPP investigations
Additionally, the costs associated with crisis and recovery services (e.g., forensics, notification, credit/ID monitoring, legal counsel and miscellaneous other), legal damages (defense and settlement), regulatory action (defense and settlement) and PCI fines are highlighted.
We invite you to download this whitepaper and to review our technology and life science library of whitepapers, visit our website resource library.
More than 55 million people in America have physical or mental disabilities that substantially limit a major life activity. In 1990, the Americans with Disabilities Act (ADA) became law to help protect this population and ensure they receive the same rights as everyone else.
This law was especially important for the public sector because it provided guidelines to ensure no program, service or activity discriminates against or excludes anyone based on disability.
Read the rest of this insightful, OneBeacon Government Risks article featured on Independent Agent and authored by OBGR’s Bradley York.
The game’s the thing this summer and that game is, of course, Pokémon GO. With anything new, emerging risks and exposures must be considered. OneBeacon Technology Insurance’s Lloyd Takata was among several technology insurance specialists quoted in Carrier Management’s article on the game’s potential risks and exposures. We invite you to read and learn more!
Have you spotted any drones flying around your community yet? As the commercial use of drones increases, so do the risks and implications for public entities.
Learn more about how communities are using drones, the latest FAA regulations and the insurance implications your clients need to know about in this recent Independent Agent article,” What You Need to Know if Your Public Entities Clients Use Drones,” authored by OneBeacon Government Risks’ Bradley York.
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Ensuring sufficient process heat and steam for your operation relies on properly caring for your facility’s boiler. Besides cleaning and safety inspections, simply ensuring proper water levels will minimize service disruptions. We are pleased to share our latest safety tips titled “Maintenance and Water Treatment for Your Process Boiler” authored by our partners at Hartford Steam Boiler.
These safety tips outline actionable steps for maintaining proper water levels and includes a brief Q&A on boiler operations.
For additional safety tips and risk management whitepapers, please visit our online library.
OneBeacon Government Risks’ Joe Caufield is featured on the Public Risk Management Association’s (PRIMA) blog this week. His guest post, “Privatizing Government Services” discusses the emerging trend in the Public Sector.
View the full post on PRIMA’s Risk Management blog >>>
April is Distracted Driving Awareness month, an ideal time to remind employees about the risks involved with shifting your focus behind the wheel. From texting to inputting directions on a GPS, the temptation to multitask while driving is all around us. And when we lose our focus, even momentarily, it is difficult to operate a vehicle safely, reasonably and responsibly.
If an employee is involved in an accident while distracted, the employer may be held liable for injuries or damages. The good news is that distracted driving is preventable. This article by OneBeacon Financial Services President Craig Collins outlines preventative measures and policies employers can implement to help protect their company, its employees and everyone else on the road.
One of the more exciting opportunities afforded by technology is expanded access to medical expertise. Whether to serve those who live in remote areas or to engage far-flung specialists for second opinions, the advances of medical field are becoming increasingly available through this technology.
“Telemedicine: Connecting the Healthcare Continuum” is the subject of our latest whitepaper authored by OneBeacon Technology Risk Control Specialist Norine McVann. The whitepaper defines telemedicine, outlines its current features/services delivered and its emerging usage. It also discusses telemedicine’s drawbacks and exposures.
We invite you to download this whitepaper and share it with those who may be interested in the subject matter. To browse our entire inventory of technology-focused whitepapers, visit our online library. Thanks for your interest!
Many will surprise their loved ones with special gifts this Valentine’s Day, including expensive jewelry. Purchasing engagement rings and other jewelry is a romantic gesture, but should also involve practical thinking. After purchasing that pricey piece, consider adding the additional gift of insurance coverage. While there is no way to insure the sentimental value of such a gift, having the right amount of insurance will provide financial protection, according to the Insurance Information Institute (I.I.I.). This Valentine’s Day, follow the I.I.I.’s steps to ensure adequate protection for the valuables of your loved ones.