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Identity Theft Costs $24.7 Billion Per Year, More Than All Property Crime...
If your clients are wary of investing in cyber security, all you need to do is give them one number: $24.7 billion. That's the amount of damages caused by cyber criminals each year. It's more than all...
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Data Breach Research Shows Hackers Love Weak Java
Symantec's Internet Security Threat Report, a post-mortem analysis of the previous year's cyber attacks, comes to a startling conclusion: 97 percent of zero-day attacks were Java based.A zero-day...
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Facebook Color-Changer Malware Has Users Feeling Blue
TechHive reports that over 10,000 users have fallen victim to a Facebook-based malware attack. Like other schemes before it, the color-changer malware purports to allow users to customize their...
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E-Discovery Firm's Growth Highlights Growing Cyber Liabilities All Around
One of the reasons we see an increasing number of large data breaches is simply because there's more data now than ever before. This data explosion is producing a growing market for IT companies that...
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Why a Cyber Attack at Your Bank Could Be Terrible News
While individual consumers can be reimbursed for fraudulent charges on their bank accounts, it's much harder for businesses to recover damages related to a cyber heist. This means it's important for IT...
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It’s Okay to Go Solo: Choosing a Legal Structure for a Technology Startup
Many IT businesses start as sole proprietorships because that’s the default structure created when a person starts offering services on a freelance basis. When you file those 1099 forms at tax time,...
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Snapchat's Snapcash Promises Secure Payments
Mobile payments have quickly become one of the hottest markets in tech. In the last month, we've seen Apple and a consortium of retailers vie for this growing market, and there are rumors that Facebook...
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Is "Hacking for Hire" Covered by Professional Liability Insurance?
The New York Times reports on a surprising change in the world of hacking: rather than merely being the conduits of cyber crime, hackers are now being hired for personal attacks, small business...
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Newest Java Update Highlights Professional Liability Exposure for IT Pros
When Oracle announced that it was issuing major patches for Java and several other products, the news wasn't surprising given Java's reputation as a vulnerable platform. How dangerous were the...
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http://www.techinsurance.com/blog/hiring-and-human-resources/dreading-workers...
Many IT businesses choose to hire independent contractors and subcontractors rather than employees because it means less hassle and no responsibility to pay employment taxes and benefits like Workers'...
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