Sanford & Tatum Blog
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Cyber Risks & Liabilities: Cloud Security Management Explained
Wednesday, April 24, 2024
Cloud Security Management Explained - Cloud computing refers to a pay-per-use service that equips users with on-demand access to a range of IT resources (e.g., databases, software, servers, networking and analytics...
Data Breach Class Actions Skyrocketed in 2023
Monday, April 8, 2024
- Data Breach Class Actions Skyrocketed in 2023 - Data breach class action lawsuits “exploded” in 2023, according to Duane Morris LLP’s Class Action Review 2024, becoming one of the fastest growing areas of litigation...
Cyber Risks & Liability: MGM Cyberattack Emphasizes Need for Layered Digital Defenses
Friday, November 17, 2023
MGM Cyberattack Emphasizes Need for Layered Digital Defenses - The odds are stacked in favor of increasingly bold and sophisticated cybercriminals, as MGM Resorts International and Caesars Entertainment learned back in...
Cyber Update: MGM Cyberattack Emphasizes Need for Layered Defenses
Tuesday, October 10, 2023
MGM Cyberattack Emphasizes Need for Layered Defenses - The odds are stacked in favor of increasingly bold and sophisticated cybercriminals, as MGM Resorts International and Caesars Entertainment learned this week,...
Legal Update: SEC Adopts Final Rules for Public Companies’ Cybersecurity Disclosures
Monday, September 25, 2023
- - SEC Adopts Final Rules for Public Companies’ Cybersecurity Disclosures - On July 26, 2023, the U.S. Securities and Exchange Commission (SEC) published final rules to enhance and standardize how companies disclose...
Cyber Update: Average Data Breach Costs $4.4M
Thursday, August 24, 2023
- Average Data Breach Cost Hits All-time High of $4.4M - According to IBM’s annual Data Breach report, the average cost of a data breach reached an all-time global high of $4.45 million, up 2.3% from 2022 and 15.3%...
Cyber Liability: The Value of Cyber Insurance
Tuesday, August 15, 2023
- The Value of Cyber Insurance - As cyberattacks become more frequent and costly, it’s crucial for organizations to maximize their financial protection against related losses by purchasing sufficient insurance. Cyber...
Cyber Liability: Preventing Data Theft by Departing Employees
Monday, May 15, 2023
When employees leave a company, there is a heightened risk of data theft, which is also known as data leakage or exfiltration. This risk is present whether an employee’s departure is voluntary or not. The consequences...
Cyber Liability: 9 Cyber Risk Questions Every Board Should Ask
Tuesday, May 2, 2023
When a data breach or other cyber event occurs, the damages can be significant, often resulting in lawsuits, and serious financial losses. What’s more, cyber exposures impact businesses of all kinds, regardless of their...
Cyber Liability: Mobile Device Security Threats and How to Prevent Them
Wednesday, March 22, 2023
Mobile malware-malicious software designed to gain access to private data on mobile devices-is a growing threat to companies’ cybersecurity. As companies embrace remote work and more employees use their personal devices...
Cyber Liability: 10 Essential Cybersecurity Controls
Friday, January 20, 2023
Cyber incidents-including data breaches, ransomware attacks and social engineering scams-have become increasingly prevalent, impacting organizations of all sizes and industries. Such incidents have largely been brought...
Cyber Liability: Creating a Cybersecurity Culture
Tuesday, November 22, 2022
Employees are an organization’s first line of defense against cybercriminals. For this reason, they are also commonly targeted. In fact, the vast majority (88%) of data breaches are caused by employee mistakes,...
Risk Insights: General Cybersecurity Best Practices for Modern Vehicles
Tuesday, October 11, 2022
Modern vehicle technology has transformed in the past several years as autonomous driving, vehicle electrification and car connectivity features have become more common. While these digital innovations in the automotive...
Cyber Liability: Endpoint Detection and Response Explained
Friday, October 7, 2022
Endpoint detection and response (EDR) is a cybersecurity solution that continuously monitors security-related threat information and endpoint data to detect and respond to ransomware and other kinds of malware. It...
Identifying and Avoiding Phone Scams
Monday, May 16, 2022
Identifying and Avoiding Phone Scams - Every year, people report fraud, identity theft and bad business practices to the Federal Trade Commission (FTC) and law enforcement partners. According to FTC data, more than 2.8...
Cyber Update: Data Breaches Rose 68% in 2021
Thursday, February 10, 2022
- - Data Breaches Rose 68% in 2021, Hitting a New High With No Signs of Slowing - According to the Identity Theft Resource Center’s (ITRC) annual report-which advocated for more effective laws and regulations to better...
Cyber Update: Critical Infrastructure Cyberattacks on the Rise
Monday, August 9, 2021
Critical infrastructure cyberattacks are increasing in frequency according to Advisen’s loss database, and some experts are worried the worst is yet to come. There are sixteen industry sectors in the United States that...
Cyber Risks and Liabilities
Monday, July 26, 2021
Penetration Testing Explained - Keeping workplace technology up and running is vital to any organization’s success. While this task seems feasible, it’s growing harder and harder each year as cybercriminals expand their...
Cyber Update: White House Issues Ransomware Prevention Guidance to Businesses
Wednesday, June 30, 2021
Cyber Risks & Liabilities
Friday, June 18, 2021
The Importance of a Standalone Cyber Insurance Policy - Over the course of the past decade, many organizations have relied on standard property and liability coverage rather than a standalone cyber insurance policy to...
Cyber Security for Small Businesses
Wednesday, June 2, 2021
High-profile cyber attacks on companies such as Target and Sears have raised awareness of the growing threat of cyber crime. Recent surveys conducted by the Small Business Authority, Symantec, Kaspersky Lab and the...
The Danger of Deepfakes
Tuesday, February 9, 2021
Deepfakes Explained - Deepfakes refer to sophisticated forgeries of an image, video or audio recording. Deepfakes have been around for years-you can even find a version of them in social media applications. For instance,...