Identity Theft Coverage In Cyber Liability

Cyber Liability policy forms may or may not cover the following types of identity theft:
Pfishing Attacks- Pfishers send spoofed emails that highjack the names of trusted companies like banks, credit card companies, e-retailers, etc. in an attempt to trick recipients into visiting counterfeit...

Read Full Story Here:
http://www.insurancefortechs.com/identity-theft-coverage-in-cyber-liability.html

Cyber Attack Expense Vary By Method of Attack

Average Annual Cyber crime cost weighted by attack frequency in 2011.
Denial of Service              $187,506
Web-Based Attack            $141,647
Malicious Code                 $126,787
Malicious Insiders             $105,353
Pfishing And...

Read Full Story Here:
http://www.insurancefortechs.com/cyber-attack-expense-vary-by-method-of-attack.html

Cyber Liability Insurance Needed For New Social Networking Scams

Cybercriminals are using pfishing tactics to gain information from social network sites to tap into corporate networks to steal sensitive data that can result in breach of privacy lawsuits and the need for Cyber Liability insurance for both techs firms and regular businesses alike.
Here are...

Read Full Story Here:
http://www.insurancefortechs.com/cyber-liability-insurance-needed-for-new-social-networking-scams.html