Key Facts from Cost of Data Breach Study conducted by the Ponemon Institute, LLC sponsored by IBM
The average cost of a data breach in $7.01 million up 7% from the prior year
The average cost per lost or stolen record is $221 up 2% from the […]
Who: A 25 year old New York based asset management firm with assets of $1.5 billion.
The Risks: Asset Management firms face a number of complex liability exposures that require proactive risk management consulting. Advisers face risks stemming from the performance of professional […]
APRIL 30th, 2014
If the SEC’s proposed fiduciary standard gets the thumbs up, professional liability insurance for broker-dealer reps, already up 30% over the past four years, will continue to soar. That’s the expectation among insurance brokers specializing in errors and omissions insurance […]