Tuesday, August 21, 2012

Considering data breach liability and insurance for small businesses

A business insurance policy is about protecting your livelihood, your hard work, and your dreams of success. So much of what we do in our businesses is done using technology. Technology allows us to handle payroll, track clients, follow sales progress, schedule production and more. With cloud technology, many small businesses no longer keep in-house systems or systems managers to handle the computing. The data storage is outsourced. Out sourcing allows for greater access via smart phones, tablets, and laptops. For greater levels of productivity the office is virtual and can be connected from just about anywhere, which is exactly with the problem is.

Your data may seem mundane to you. Nevertheless, it is a gold mine for nefarious people. Your clients’ names, payment options like bank accounts and credit cards, your employees’ social Security numbers, bank accounts for direct deposits, addresses, phone numbers, and vital statistics are open to data breach. Names and passwords for login accounts are subject of interest to internet criminals.

A data breach occurs when you proprietary and sensitive information (account data) is released from the system without your consent or knowledge. It can be trade secrets, patentable knowledge, personally identifiable information, or customer data. Think of how much of your personal information your dentist office has on you! The healthcare is the dominant industry in the US and growing. The healthcare industry is now struggling with how it can stay protected with the new requirements of the EMR (Electronic Medical Records).

Causes of data breaches can range from disgruntled employees running a spear phishing campaign. Spear phishing is when a person sends an email with credible enough information to one or a few intended targets like the account execs or network administrator. The email has an embedded worm or Trojan that will collect the information. Alternatively, the email may direct the person to enter critical data like security passwords and login keys, giving the perpetrator free access to the system.

Average cost to secure or repair each compromised record is $225 per record and growing. How do you protect against this? When looking at vendors for your cloud-computing find out what their liability covers. Hold them to a high standard that will not cost you your reputation and your company. Consider adding to your insurance liability plan to protect yourself. Data breach insurance is a form of liability insurance. It can be bought as a separate policy or attached as a rider to your present small business insurance.

Monday, July 9, 2012

4 Parenting Tips to Help You Enforce Special Education Law

Do you have a child with a disability who is receiving special education services?

Are you frustrated because it is hard to get needed educational services, for your child? Would you like a few parenting tips, to help you make sure that special education personnel follow IDEA? This article will discuss 4 parenting tips, that will help you in enforcing, the Individuals with Disabilities Education Act (IDEA).

IDEA enforcement by law is to be the Office of Special Education Programs (OSEP), which is part of the Department of Education. They are responsible in making sure that states, are in compliance with special education law. States are responsible for making sure that individual school districts comply with IDEA.

The reality is that parents are the main enforcement mechanism of special education law. Below are 4 tips to help you ensure that your school district is complying with IDEA, for the benefit of your child.