BCP Tech Blog

You’re Liable for Payment Card Information…

Even if your payment processor is responsible for the breach

4 Reasons You Shouldn’t Buy Insurance

1 — DO NOT buy additional limits of coverage based on the worst case scenario. Think instead about what type of situation your company could respond to and buy limits for that situation. For example, if you’re an early stage fintech or digital health company with…

Insurance Coverage for State Sponsored Cyber Attacks

Tech Companies: Take Advantage of Your Insurance Broker

What a risk consultant can do for you other than placing an insurance policy once a year

Liability Challenges Facing Digital Health Companies

Digital health companies face significant challenges when assessing their risks and their exposure to things like medical malpractice claims, HIPAA fines and penalties, and other costly litigation and regulation. Navigating this maze can…

Truths & Myths — Insurance for Social Engineering Fraud

I’ve heard it more frequently over the past few weeks, “cyber liability insurance doesn’t cover anything.” That statement is usually followed by a story about someone who had a cyber claim that wasn’t covered. A majority of the time…

The Intersection of Liabilities for Digital Health Companies

Are you providing a technology platform to improve the way physicians communicate with their patients? Does your website help employees better use their health insurance plan? Does your software analyze post surgical patient…

Insurance Coverage for GDPR

Yes, there is insurance coverage for GDPR Fines & Penalties and with potential fines being 4% of previous year’s annual global turnover or $20mm Euros, whichever is GREATER, this is a good thing. Not a day goes by that I don’t get questions from companies of all sizes about GDPR…