March 7, 2012 / by KMRD Partners / One Minute From Normal Series / 0 comments
One minute from normal following a cyber attack, the average annual cost for small to mid sized businesses has reached $200,000. Just one laptop or a thumb drive packed with sensitive information costs an average $50,000 – including forensics, notification costs, lost intellectual property, and legal, consulting and regulatory expenses. Nearly every state requires companies […]
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Risks and Rewards of Bring Your Own Device
March 21, 2012 / by KMRD Partners / One Minute From Normal Series / 0 comments
This is last in a series of four messages regarding the risks associated with data breach events and cyber security. We welcome your feedback on the information we’ve provided you over the last four weeks. As if there weren’t already enough concerns regarding cyber security, we can now add the Bring Your Own Device (BYOD) […]
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Could a data breach wreck your company?
March 7, 2012 / by KMRD Partners / One Minute From Normal Series / 0 comments
One minute from normal following a cyber attack, the average annual cost for small to mid sized businesses has reached $200,000. Just one laptop or a thumb drive packed with sensitive information costs an average $50,000 – including forensics, notification costs, lost intellectual property, and legal, consulting and regulatory expenses. Nearly every state requires companies […]
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If your data is being stolen, does it make a sound? Cyber Security Insurance is a must.
February 29, 2012 / by KMRD Partners / One Minute From Normal Series / 0 comments
When VeriSign recently reported a series of stealth data breaches,it became clear no organization is immune from these intrusive actions. After all, VeriSign is responsible for delivering visitors to more than half of the world’s websites and was one of the leading providers of SSL Certificates. According to a prominent security consultant, the VeriSign security […]
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It’s 12:00. Do you know who is downloading your documents?
February 21, 2012 / by KMRD Partners / One Minute From Normal Series / 0 comments
According to a report from The Wall Street Journal, an unscheduled event arrived for Nortel Networks more than 10 years ago. In 2010, hackers with China-based internet addresses stole passwords from seven key company executives. Using these passwords, the hackers accessed company reports, business plans, employee e-mails and other confidential documents. When the breach was […]
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It’s 12:00. Do you know where your mobile device is?
February 9, 2012 / by KMRD Partners / One Minute From Normal Series, Risk Control / 0 comments
According to Morgan Stanley, mobile device sales will exceed personal computer sales this year. Unfortunately, company policies regarding mobile device security have lagged dangerously behind. Industry experts and cyber security thought leaders all agree; the next wave of hacking and data theft will not target laptops. It will target mobile communication devices. Following is a […]
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Cyber security is an enterprise level assignment
December 15, 2011 / by KMRD Partners / One Minute From Normal Series, Risk Control / 0 comments
Once upon a time, security management for sensitive data either personal or professional, would be limited to the IT department. Today, cyber risks are wide ranging and include lost or stolen data, violation of privacy laws, intellectual property infringement and social media-related risks such as cyber-bullying and textual harassment. As a result, the combined efforts […]
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Are you a 60 percenter?
December 7, 2011 / by KMRD Partners / Insurance Coverage, One Minute From Normal Series, Risk Control / 0 comments
A survey administered by Advisen Ltd. reports that 60% of organizations do not purchase cyber liability insurance as part of their data, information and privacy risk management strategy. And yet, 86% of respondents consider cyber and information security risks to pose at least a moderate danger to their organizations. While recognizing the dangers of information […]
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More social media risks
November 30, 2011 / by KMRD Partners / One Minute From Normal Series / 0 comments
At our website www.oneminutefromnormal.com we ask visitors the question: What if an unscheduled event suddenly seizes control of your business? Are you ready? A few weeks ago we covered the risks attributable to employees’ social media usage. We further recommended employees be required to avoid job talk on social media sites. The following is another […]
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Digital Data Risks – KMRD
September 28, 2011 / by KMRD Partners / Insurance Coverage, One Minute From Normal Series, Risk Control / 0 comments
A recent survey by Pricewaterhouse Coopers LLP found that although hospitals, doctors, pharmacies and insurers are eager to adapt to increasingly digital patient data, less than half are addressing implications for privacy and security. Less than half have also addressed issues related to mobile devices, while less than a quarter have addressed issues related to […]
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Don’t be a Weiner – Social Media Risk
June 14, 2011 / by KMRD Partners / One Minute From Normal Series / 0 comments
At our website www.oneminutefromnormal.com we ask visitors the question: What if an unscheduled event suddenly seizes control of your business? Are you ready? Congressman Anthony Weiner has demonstrated how improper use of social media can have disastrous consequences. To protect your firm from the actions of an errant staff member begin with a list of […]
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