• Malware:  Cybercriminals use this type of attack to access financial data, medical records, emails, passwords, etc.
  
• Spyware:  Spyware is used to access your employee’s login information, which can give the cybercriminal access to any data on your servers.
  
• Ransomware:  This is the fastest growing area of attack.  Your files and servers are encrypted and you receive a ransom demand in order to return the encrypted data to you.
  
• Phishing:  We’ve all received these fake emails from someone we know asking us to provide sensitive information or even money.
  
• Hacking:  If you are hacked, you are responsible for any sensitive personal data you maintain on customers which may fall in the hands of the cybercriminals – this can create a huge liability.
  
• Viruses or worms:  These often require extra IT help to find the source and recover lost information.  In addition, viruses will often ruin hardware and software, forcing you to replace damaged equipment.
  

• Third-Party Liability:  This covers the cost of notifying anyone affected by a data breach as well as costs associated with damages or settlements that have to be paid to those affected by a breach. In addition, our CFC Cyber policy includes coverage for media liability associated with alleged defamation or intellectual property rights infringement.
  
• First-Party Costs:  This will cover legal costs associated with a cyber attack including settlements, government fines, or fees. In addition, our comprehensive policy includes coverage for system damage and rectification costs as well as income loss and extra expense associated with an attack.
  
• Cyber Crime and Extortion:  While often not included on every policy, this coverage is standard with the IAMU Safety Group program and covers things like ransom demands, funds transfer fraud due to social engineering or phishing, as well as telephone hacking or customer payment fraud.
  
• Loss of Reputation:  Sometimes called crisis management or reputational harm, this will cover the cost of repairing damage done to your reputation such as public relation costs and marketing costs associated with recovering from an attack.
  

IAMU invites its members to attend a 4-Part Insurance Webinar Series.

During each webinar, Jester Insurance's Heith Hockenberry will review a few of the different coverages that IAMU members should purchase as part of their insurance coverage.

Dates
Sept. 26 - 1-2 p.m.
Oct. 28 - 1-2 p.m.
Nov. 18 - 2-3 p.m.
Dec. 16 - 1-2 p.m.

Topics
Property and Inland Marine (equipment)
General Liability, Public Officials, Law Enforcement & Umbrella
Auto (Physical Damage & Liability) and Crime
Cyber

No charge to attend, but registration is required.

To register, go to www.iamu.org -> Events -> Register For An Event (Scroll through the calendar and register for one or more webinars)