{"id":3168,"date":"2014-09-04T08:29:16","date_gmt":"2014-09-04T14:29:16","guid":{"rendered":"http:\/\/www.noyeshallallen.com\/?p=3168"},"modified":"2019-03-27T13:42:22","modified_gmt":"2019-03-27T19:42:22","slug":"data-breach-protect-your-maine-business-with-cyber-liability-insurance","status":"publish","type":"post","link":"https:\/\/www.noyeshallallen.com\/blog\/data-breach-protect-your-maine-business-with-cyber-liability-insurance\/","title":{"rendered":"Data Breach! Protect Your Maine Business With Cyber Liability Insurance"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>Every week we hear news of another household brand name suffering a data breach. Hannaford, Target, TJ Maxx, Shaw&#8217;s, Home Depot&#8230;the list goes on.<\/p>\n<p>But local businesses are not immune from hacking. Many Maine small businesses &#8211; and their customers &#8211; were shocked recently to hear about a breach at two Portland, Maine locations of Otto Pizza, a local favorite.<\/p>\n<p><a title=\"Otto Pizza: A few words about our data breach\" href=\"http:\/\/ottopizza.wordpress.com\/2014\/08\/23\/a-few-words-about-our-data-breach\/\" target=\"_blank\" rel=\"noopener noreferrer\">Otto Pizza responded to the breach candidly<\/a>, and with personal comments that struck at the heart of any local business owner:<\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/ottopizza.wordpress.com\/2014\/08\/23\/a-few-words-about-our-data-breach\/\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3181\" style=\"border: 1px solid black;\" src=\"https:\/\/www.noyeshallallen.com\/wp-content\/uploads\/2014\/09\/\u201cWe-were-crushed-to-learn-that-we-had.png\" alt=\"Quote from Otto Pizza about theft of their customers' data\" width=\"553\" height=\"276\"><\/a><\/p>\n<p>Cyber attacks are a constant threat to your Maine office, retail store or professional practice. You no longer have to be a &#8220;big fish&#8221; to be a target. Hackers, phishers and the like are always looking for low-hanging fruit in the form of networks with poor security. After beefing up your security, you should insure your Maine business against data breach in case it does happen.<\/p>\n<h4>How Do Data Breaches Happen?<\/h4>\n<p>Some common scenarios that can lead to data breach in your business or professional practice:<\/p>\n<ul>\n<li><strong>Unauthorized access<\/strong> &#8211; hackers gain access to your POS system or computer network.<\/li>\n<li><strong>Theft of Computers<\/strong> &#8211; Someone steals your laptop, backup data or server that holds customer or employee personal information.<\/li>\n<li><strong>Improper Disposal<\/strong> of client or patient records.<\/li>\n<li><strong>Human Error<\/strong> &#8211; your bookkeeper mixes up 1099 forms and mails them in the wrong envelopes, exposing personal information to others.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h4>Sobering Data Breach Statistics<\/h4>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.noyeshallallen.com\/wp-content\/uploads\/2014\/09\/DataBreach.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3173\" src=\"https:\/\/www.noyeshallallen.com\/wp-content\/uploads\/2014\/09\/DataBreach.png\" alt=\"infographic: Statistics about business data breaches\" width=\"491\" height=\"369\"><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h4>&nbsp;What Does Data Breach Cyber Liability Insurance Pay For?<\/h4>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.noyeshallallen.com\/wp-content\/uploads\/2014\/09\/Data_Breach_Covg.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3177\" style=\"border: 1px solid black;\" src=\"https:\/\/www.noyeshallallen.com\/wp-content\/uploads\/2014\/09\/Data_Breach_Covg.png\" alt=\"What does Cyber Liability Insurance pay for?\" width=\"480\" height=\"720\"><\/a><\/p>\n<h4 style=\"text-align: left;\">Cost of Maine Cyber Liability Insurance<\/h4>\n<p>Data breach protection is a surprisingly affordable addition to most Maine small business insurance portfolios. Coverage for basic limits such as $10,000 first party and $25,000 third party are available for premiums as low as $150 per year.<\/p>\n<h4>What to Do in Case of a Data Breach at Your Business<\/h4>\n<ol>\n<li>Notify the police immediately<\/li>\n<li>Report the breach to your business insurance agent or company<\/li>\n<li>Take all steps to protect any confidential data remaining in your control.<\/li>\n<li>Preserve all evidence of the breach itself.<\/li>\n<\/ol>\n<p>For answers to your <a title=\"Maine Business Insurance from Noyes Hall &amp; Allen | South Portland \" href=\"http:\/\/www.noyeshallallen.com\/business-insurance\/\">Maine business insurance<\/a> questions, including data breach and cyber liability insurance, <a title=\"Contact Us | Noyes Hall &amp; Allen Insurance | South Portland Maine\" href=\"http:\/\/www.noyeshallallen.com\/contact-us\/\">contact a Noyes Hall &amp; Allen agent<\/a>&nbsp;in South Portland at 207-799-5541. We represent many insurance companies so we can help you find the best insurance fit for your business and budget. We&#8217;re independent and committed to you.<\/p>\n<p>FMI:<\/p>\n<p><a title=\"PCI Security Standards\" href=\"https:\/\/www.pcisecuritystandards.org\/security_standards\/\" target=\"_blank\" rel=\"noopener noreferrer\">Payment Card Security Standards<\/a><\/p>\n<p><a title=\"2014 Cyber Risk White Paper by III\" href=\"http:\/\/www.iii.org\/sites\/default\/files\/docs\/pdf\/paper_cyberrisk_2014.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">CyberRisk 2014 White Paper by Insurance Information Institute<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Every week we hear news of another household brand name suffering a data breach. Hannaford, Target, TJ Maxx, Shaw&#8217;s, Home Depot&#8230;the list goes on. But local businesses are not immune from hacking. Many Maine small businesses &#8211; and their customers &#8211; were shocked recently to hear about a breach at two Portland, Maine locations [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21,22,11,28,19],"tags":[32,6,25,58],"class_list":["post-3168","post","type-post","status-publish","format-standard","hentry","category-business-insurance","category-business-liability-insurance","category-business-property-insurance-business-insurance","category-news","category-technology","tag-doing-business-in-maine","tag-liability","tag-property-insurance","tag-technology"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/posts\/3168","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/comments?post=3168"}],"version-history":[{"count":2,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/posts\/3168\/revisions"}],"predecessor-version":[{"id":5499,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/posts\/3168\/revisions\/5499"}],"wp:attachment":[{"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/media?parent=3168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/categories?post=3168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.noyeshallallen.com\/blog\/wp-json\/wp\/v2\/tags?post=3168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}