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Cyber Insurance
So, has anybody looked at it or purchased it? Our insurance agent is pressuring us because of HIPPA concerns. We filled out a short survey on backups, disaster recovery, what is on premise and in the cloud.
Holy crap is it expensive. As in two years is more than the average business Ransomware amounts. What have you had for experience with it? Is it worth it?
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Brent The X15 was the only aircraft I flew where I was glad the engine quit. - Milt Thompson. "Don't get so caught up in your right to dissent that you forget your obligation to contribute." Mrs. James to her son Chappie. |
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06-02-2017, 11:01 AM
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Join Date: Mar 2003
Posts: 10,319
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Spend the $ on decent hardware and good sysadmins
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06-02-2017, 11:03 AM
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You should discuss with your attorney on whether it is required for HIPPA compliance and necessary to avoid liability.
Then it becomes a CBA on $$ vice risk.
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Matthew - drove Nurburgring with wipers on and no rain 1969 911E SOLD  2002 996 Cabrio 1995 993 Carrera 4 SOLD 2004 Land Rover Discovery II G4 Edition (Sold )
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06-02-2017, 11:05 AM
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We have a great DR plan, good hardware, a decent patch management system, an OK sysadmin (me) and lousy users.
It is not required for HIPPA here. We can chart, pass meds and what not with a cell phone if we had to. Would be better to tether the phone to a laptop, but it could be done. Our biggest issue would be if the mail server were compromised. What we were quoted does not cover user error, which to me is how most companies get in trouble.
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Brent The X15 was the only aircraft I flew where I was glad the engine quit. - Milt Thompson. "Don't get so caught up in your right to dissent that you forget your obligation to contribute." Mrs. James to her son Chappie. |
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06-02-2017, 11:44 AM
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Join Date: Aug 2002
Location: MD
Posts: 5,733
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Sure! Send me a check, I provide great insurance.
 Best insurance is as stated, solid planning. |
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06-02-2017, 12:39 PM
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Join Date: Jun 2007
Location: Lake Oswego, OR
Posts: 6,056
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PM me if you want to discuss. We provide this. It is a big deal. There are situations where it is required. There are situations where it is prudent. There are situations where you can go without. We have dozens of claims in this area - most of which are not covered. You need to do a careful assessment on your risk. Not certain your exposure but it should not be crazy expensive.
Good luck, Larry |
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06-02-2017, 01:23 PM
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PM sent.
I would think our biggest risk is either someone breaching from the inside or a keylogger where we don't realize we have been breached.
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Brent The X15 was the only aircraft I flew where I was glad the engine quit. - Milt Thompson. "Don't get so caught up in your right to dissent that you forget your obligation to contribute." Mrs. James to her son Chappie. |
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06-02-2017, 01:35 PM
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