Hays Companies VP and National Cyber Liability Practice Leader Dave Wasson was invited by Lathrop Gage to discuss uncommon approaches to cyber threats. This 60-minute webinar addresses the increased threat to companies being targets of data breach, insurance policies and coverage for losses and how this area has evolved in the past 10 years.
Target. Home Depot. Yahoo. Equifax.
What do they have in common? You guessed it — they’ve all experienced major data breaches that exposed tens of millions of users’ sensitive personal and/or financial data. Yahoo was actually victimized twice, each attack compromising hundreds of millions of users. (Oh, Yahoo.)
Approximately 3,000 state and local agencies are responsible for inspecting more than one million food establishments in the United States, according to the Food and Drug Administration (FDA). Health inspectors investigate a company’s food handling, preparation and storage procedures to ensure that food is fresh and the environment in which it is prepared is sanitary. The Center for Disease Control (CDC) reports that approximately 48 million Americans get sick, 128,000 are hospitalized and 3,000 die of foodborne illness each year.
In the most recent issue of FOCUS, Hays Companies concentrated on Cyber liability and the ever increasing attention it is receiving in the media. This caught the eye of Risk & Insurance magazine, requesting an expert opinion from our Dave Wasson, Cyber Liability Practice Leader with Hays Companies.
In 2002, after the 9/11 attacks, the private sector was reluctant to develop security products and services in civilian settings due to the enormous liability risks involved. In response, Congress enacted the Support Anti-Terrorism by Fostering Effective Technologies (SAFETY) Act to encourage the development and deployment of new and innovative anti-terrorism products and services. The SAFETY Act created liability limitations for claims arising out of, relating to, or resulting from an act of terrorism. The Act applies to a broad range of products and services, including technology products, software and other forms of anti-terrorism security measures.