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February 17, 2021

Cyber Fraud Alert

The Department of Financial Services (“DFS”) recently learned of a systemic and aggressive campaign to exploit cybersecurity flaws in public-facing websites to steal Nonpublic Information (NPI).[i] The unauthorized collection of NPI appears to be part of a growing fraud campaign targeting pandemic and unemployment benefits.

February 9, 2021

Discovery or Loss Crime Coverage?

Because of their trusted positions, it is often far easier for employees to steal from a company than any outsider. Also, once an employee begins stealing from their employer, it often continues over a sustained period and results in higher total losses.

August 28, 2020

What do you mean – No Coverage?

A client of mine gave one of his employees the afternoon off in exchange for the employee dropping off a small package of merchandise at the customer’s site not far from the employee’s home. Happy to get the afternoon off, the employee headed out the door with package in hand and his GPS searching for the customer’s address.

July 15, 2020

Cyber-Data Breach

55% of the small businesses surveyed by the Ponemon Institute had suffered a Data Breach and 53% had already suffered multiple Data Breaches. Only one third of the business had properly notified the affected individuals about the exposure of their personal information.

April 11, 2020

Loss of Digital Assets

For those of us that remember using carbon paper to create a copy of a document, technology is the greatest. Virtual offices, telecommuting, and all forms of working remotely have changed the face of the standard business model.

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