Healthcare Experiences Unprecedented Data Breach

Anthem had an unprecedented data breach that occurred this morning. This is the largest healthcare related data breach of all time with over 80 Million records stolen. Anthem has created a website, Amerifacts.com, to give individuals one central location for information about the incident. Between the website, swift notification of the authorities and quickly hiring an outside consulting firm to handle the breach & discovery Anthem has become a model of how a breach should be handled upon discovery.
Cyber-Liability exposures continue to rise in all industries, regardless of sized companies. Anyone who collects personal information is at risk for a breach. Please contact a Fidens insurance specialist for more information on how to obtain insurance protection. We can be contacted here.

The Growing Risk of Cyber Liability

As technology becomes more advanced & people’s daily lives rely more on computers, the risk of cyber liability becomes a massive problem for everybody. Business large & small have bullseyes on them & are major targets for hackers. Propertycasualty360.com found “according to the Poneman Institute’s Cost of Cyber Crime Study, there was an 18% increase in the number of cyberattacks in 2013, and a report by Symantec on internet security found that 61% of small and midsize businesses experienced a cyberattack in 2013”. Giant companies such as Target, Home Depot, JP Morgan Chase,eBay, & most notably Sony have suffered cyber breaches in the past year. Jay Shelton the SVP at Assurance wrote that in “October 2013, the National Institute of Standards and Technology proposed a cyber security framework for critical U.S. infrastructure, and it looks like it will be at the top of the agenda for Congress in 2015 with bipartisan support for compromised legislation. This will be a significant change for businesses as they will now be required to have cyber security protocols in place to protect sensitive data and systems, which historically has been voluntary”. Hopefully congress sets a new standard in 2015 to help businesses large & small to protect themselves from cyber liability. Please read on for more details on new & emerging cyber risks.
For more information on how to manage & insure your company’s cyber liability risk- please contact Fidens Insurance for your free consultation.

Happy Small Business Week 2015

Happy Small Business Week to all the small business owners. Fidens supports all the small businesses & we are happy to extend a complimentary review of insurance coverages to determine if your business is receiving the best pricing/coverage options per the industry’s best standards. We wholly appreciate the pivotal roles small business play in this country & wants to help insure, protect, grow small businesses everywhere. Please contact Fidens Insurance Brokerage for a free consultation today.

Move Systems Launch

On Monday, May 11th, the Speaker of the New York City Council, the Chair of the Environmental Protection Committee, and MOVE Systems announced the launch of a 500 cart pilot to bring safer, cleaner, and environmentally friendly mobile kitchens to the streets of New York. Powered by Clean Energy Fuels and supported by First Data’s digital platform, we believe that the MRV100 Hybrid will revolutionize the way meals are prepared and served on the streets of New York, and beyond.
The announcement came as a result of years of hard work and dedication by our founders, our team, and those who have encouraged us along the way. We would like to send a special thanks to all of you — our partners, investors, supporters, and friends — whose help has been instrumental in the design and launch of the “food cart of the future.” We look forward to traveling beyond New York to the many US and International cities that have already been reaching out to us about expansion opportunities.
Below are some photos from the event, as well as a sample of the 20 odd news articles and videos that have been published in the last several days.
On behalf of everyone at MOVE, we send our great appreciation for your taking this journey with us. Much excitement ahead!
Congratulations to everyone at Move Systems on the launch of the MRV100 Hybrid Food Cart! Fidens Insurance Brokerage looks forward continue working with Move Systems in their goal to help in preserving the environment with & provide a cleaner future with their revolutionary technology.
Please read more about Move Systems.