Posted on: March 14, 2018 by Signature Insurance Group

Cyber security is a hot topic right now, and for good reason. According to the 2017 Cost of Data Breach Study, the average cost of a data breach is $3.62 million, and that number is expected to rise significantly. A study by Juniper Research estimates that the average cost of a data breach will exceed […] Read More

Posted in: blog Cyber Liability

Tagged: Cyber attack Cyber attacks against businesses Cyber Liability Cyber Liability Insurance cyber liability insurance CA

Posted on: January 5, 2018 by Signature Insurance Group

Happy New Year! In addition to setting your own personal New Year’s resolution, this is the perfect time to take a look at your business’s successes and failures over the past year and look ahead to the future. The world of technology is constantly changing and evolving, and the most successful businesses are the ones […] Read More

Posted in: blog Cyber Liability

Tagged: 2018 Cyber Liability Cyber Liability Insurance cyber liability insurance CA OC Cyber Liability Insurance

Posted on: December 7, 2017 by Signature Insurance Group

The sharp rise in major data breaches over the past few years has businesses asking how they can prevent a costly cyber attack. While it is important to review IT policies and ensure common sense measures are in place, the unfortunate truth is no cyber security strategy is fool-proof. Just ask Equifax, Target, Home Depot, […] Read More

Posted in: blog Cyber Liability

Tagged: Cyber Liability Cyber Liability Insurance cyber liability insurance CA E&O Errors & Omissions Insurance

Posted on: December 1, 2017 by Signature Insurance Group

Businesses typically acquire D&O insurance as a means to protect the company’s board from legal fees associated with alleged misdoings. Lawsuits may be brought by shareholders, regulatory agencies, creditors, customers, and even competitors. Many policies also cover the individual board members who might otherwise be held personally liable; this additional protection against personal loss is […] Read More

Posted in: blog Cyber Liability Management Liability

Tagged: Cyber Liability D&O Data breach Directors & Officers Insurance Directors & Officers Liability Insurance Management Liability Management Liability Insurance

Posted on: November 27, 2017 by Signature Insurance Group

It’s that time of  year again! Every November 30th serves as an important reminder for businesses around the world. Computer Security Day was first instituted in 1988—and yes, there were plenty of threats even back then to warrant this call to attention. In the ensuing decades, the online threat environment has gotten exponentially worse, costing […] Read More

Posted in: blog Cyber Liability

Tagged: computer security Computer Security Day Cyber attack Cyber Liability Cyber Liability Insurance cyber liability insurance CA Data breach OC Cyber Liability Insurance Southern California Cyber Liability

Posted on: November 22, 2017 by Signature Insurance Group

Following the Equifax data breach which left 145 million consumers private information exposed, federal lawmakers are showing a renewed interest in drafting cyber security regulations. Surprisingly, the United States’ main cyber security laws still date back to 2002’s Homeland Security Act and various other bills from the 1990s, making many regulators eager to update the […] Read More

Posted in: blog Cyber Liability

Tagged: Cyber attack Cyber Liability Cyber Liability Insurance cyber liability insurance CA Data breach OC Cyber Liability Insurance Southern California Cyber Liability

Posted on: November 13, 2017 by Signature Insurance Group

This is the first installment in our new blog series that aims to help your business prevent cyber attacks. We all know how devastating these attacks can be, with cost estimates ranging in the hundreds of billions of dollars globally every year. No business is safe—cyber attackers target everyone from small businesses to the world’s […] Read More

Posted in: blog Cyber Liability

Tagged: Cyber attack Cyber Liability Cyber Liability Insurance cyber liability insurance CA Data breach passwords

Posted on: November 6, 2017 by Signature Insurance Group

Industry experts agree that cyber liability insurance is the key to surviving a cyber attack in today’s high-threat environment. With the cost of cyber attacks rising to over $450 billion per year, the potential losses are higher than ever. Meanwhile, CNBC reports that over 14 million businesses in the United States alone are at risk. […] Read More

Posted in: blog Cyber Liability

Tagged: Cyber attack Cyber Liability Cyber Liability Insurance cyber liability insurance CA OC Cyber Liability Insurance Southern California Cyber Liability

Posted on: October 31, 2017 by Signature Insurance Group

Immediately following any major cyber attack, tantalizing headlines declare losses in the tens to hundreds of millions of dollars. Whether it’s Anthem, Equifax, or Yahoo!, the initial reported numbers are incredible yet profoundly underestimated. The staggering cost of cyber attacks has companies worldwide waking up to the dire need for cyber liability insurance to alleviate […] Read More

Posted in: blog Cyber Liability

Tagged: Cyber Liability Cyber Liability Insurance cyber liability insurance CA Data breach Home Depot Small Business Target

Posted on: October 27, 2017 by Signature Insurance Group

Most casual news readers did not bat an eye when headlines claimed the cyber attack on Target cost the corporate retailer a minimum of $162 million. The bigger they are, the harder they fall, right? Unfortunately, the relative cost associated with cyber attacks is just as damaging, if not more so, for small- and medium-sized […] Read More

Posted in: blog Cyber Liability

Tagged: Cyber Liability Cyber Liability Insurance cyber liability insurance CA Data breach Small Business