Companies Slow to Get CyberInsurance Coverage Even As CyberAttacks Increase

Companies Slow to Get CyberInsurance Coverage Even As CyberAttacks Increase

A recent report showed a slight increase from 10% to 26% of companies with cyber insurance coverage between 2013 and 2014, and stated that most US companies are deficient in “keeping the data breach response plan up-to-date, conducting risk assessments of areas vulnerable to a breach, continuous monitoring of information systems to detect unusual and anomalous traffic and investing in technologies that enable timely detections of a security breach.” 

Billing Company Settles FTC Charges That It Misled Consumers Regarding Health Data Collection

Billing Company Settles FTC Charges That It Misled Consumers Regarding Health Data Collection

The Federal Trade Commission recently announced that it settled charges against a health billing company and its former CEO that they misled consumers who had signed up for their online billing portal by failing to inform them that the company would seek detailed medical information from pharmacies, medical labs and insurance companies.