Cyber & Data Security

Keyboard intruderHow confident are you that your computer systems are protected from the ever-growing threat of cybercrime?

Technological change is affecting the way we work, play, and live. We are no longer content with obsolete methods.  As technological advances continue, our dependency on this technology increases.  As a result, consumers expect more, and your pressure to meet these expectations escalates.

The rapid change in technology has had an impact on the insurance industry as well. Traditional insurance programs do not meet the changing exposure to loss that has been created by new technology.  State and Federal privacy laws designed to prevent and deter identity theft are being enacted with increasing frequency.  Security breaches range from a misplaced mobile device to a sophisticated cyber attack.

In most instances, the law requires companies to notify potentially affected individuals and take proactive steps to minimize the possibility of identity theft.  Even if no identity theft results, compliance with legal mandates can be a significant expense.

Marsh & McLennan Agency can work with you to identify the cyber liability exposure to your business and evaluate the best way to minimize the risk through insurance solutions:

Coverage options include:

  • Liability coverage for financial losses resulting from identity theft
  • Privacy notification expense
  • Credit monitoring services for affected individuals
  • Lost income resulting from computer hacking and virus transmissions
  • Extra operating expenses from cyber attacks

Cyber & Data Security Risk Survey Reports

Marsh & McLennan Agency conducts an annual survey about perceptions of cyber risk and Cyber Liability insurance.  We then analyze the feedback of employers across the United States and draw out observations about how small and midsize employers view cyber issues.  Click the links below to view the results of our surveys. 

2015 MMA Cyber & Data Security Risk Survey Report

2014 MMA Cyber & Data Security Risk Survey Report

2013 MMA Cyber & Data Security Risk Survey Report


Videos:

The following videos are from our April 11, 2017, seminar "Cyber Security Protection:  What To Do When Your Private Information Becomes Public."

Video 1
Video 2
Video 3
Video 4
Video 5
Video 6

Additional Resources:

USA Today:  Breach insurance...not just for the big guys

The Top 10 Data Breaches in the Past 12 Months

What You Should Know About Cyber Liability Insurance Policies

Beware of These Four Myths of IT Data Security

Cyber Liability:  Understanding Third-Party Exposure Risks

Cyber Liability:  Determining What Information is Confidential

Cyber Liability:  The Cost of a Data Breach

Your Medical Record is Worth Morth to Hackers Than Your Credit Card 

Data Breach-Cyber Liability Presentation 


Information Regarding Anthem Cyber Attack:

Anthem was recently the target of a very sophisticated and widespread cyber attack.  Data, including personal information, may have been impacted. 

Anthem has created a hotline, 1-877-263-7995, along with a website, www.AnthemFacts.com, that has more information, including Frequently Asked Questions (FAQs) to further explain the cyber attack and the steps Anthem is taking to address the matter.  Among other helpful information, these FAQs identify the brands and plans impacted.  We encourage you to review these resources and monitor events as they unfold.

news-events

Agency News:

Marsh & McLennan Agency - Midwest Region Wins Dayton BBB Eclipse Integrity Award
May 9, 2017

Marsh & McLennan Agency Acquires Insurance Partners of Texas
May 8, 2017

Andrew Diesel Joins Marsh & McLennan Agency - Midwest Region as Safety & Compliance Consultant

April 7, 2017

Marsh & McLennan Agency - Midwest Region Named Better Business Bureau 2017 Eclipse Integrity Award Finalist
April 6, 2017

Marsh & McLennan Agency Acquires RJF Financial Services
April 5, 2017

Marsh & McLennan Agency Acquires Blakestad, Inc.
March 2, 2017

Midwest Producers Assume Market Leader Roles
February 21, 2017

Marsh & McLennan Agency Acquires iaCONSULTING

February 7, 2017

We've Expanded Our Services!
February 1, 2017

Marsh & McLennan Agency Acquires J. Smith Lanier & Co.

January 13, 2017


Happy Holidays from Marsh & McLennan Agency's Midwest Region
December 14, 2016

Marsh & McLennan Agency Acquires Benefits Resource Group

December 5, 2016

Marsh & McLennan Agency Acquires Presidio Benefits Group
December 1, 2016

MMA-Midwest Colleagues Volunteer at Charitable Organizations
November 16, 2016

Marsh & McLennan Agency Acquires Vero Insurance
October 4, 2016

Marsh & McLennan Agency Acquires Benefits Advisory Group
August 31, 2016

Westfield Insurance Foundation's Legacy of Caring Fund Benefits Goodwill Easter Seals Miami Valley
July 1, 2016

Kevin Aston Joins Marsh & McLennan Agency's Midwest Region as P&C Practice Leader
June 6, 2016

Marsh & McLennan Agency's Midwest Region Named a BBB 2016 Eclipse Integrity Awards Finalist

April 7, 2016

Marsh & McLennan Agency Acquires Corporate Consulting Services

April 4, 2016

We've Been Recognized as One of America's Best Employers!
March 23, 2016


Marsh & McLennan Agency Acquires Celedinas Insurance Group

March 2, 2016


Marsh & McLennan Agency Acquires Aviation Solutions, LLC

March 1, 2016

SBDC Business Excellence Awards Recognizes MMA Midwest
February 2, 2016

Ann Larimer, JD, CPCU, Testifies Before the House and Senate Insurance Committees to Help Get Bill Passed and Signed

January 6, 2016

Marisa Rogers Named Human Resources Manager of Marsh & McLennan Agency's Midwest Region
January 1, 2016

Insurance News:

Cyber Claims are on the Rise

Information Regarding Anthem Cyber Attack

Senate Passes TRIPRA Legislation

Cincinnati Insurance Named to Forbes List

Ohio Bans Texting While Driving