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The Mechanic Group Reviews Ten Risks of a Cyber Threat

Monday, February 23, 2015
The Mechanic Group Reviews Ten Risks of a Cyber Threat

Following are 10 areas company managers should consider before their organizations encounter a cyber threat:

  1. The stakes to enterprise value and the bottom line are high.
  2. Hackers are already two steps ahead of you.
  3. Cyber and data loss threats pose merger risks.
  4. Lost or stolen intellectual property or customer or employee information can sour a deal.
  5. There is a maze of state and federal data protection and data loss notification requirements to navigate.
  6. Litigation could result from a failure to be fully informed and proactive against cybersecurity and data loss risks.
  7. If the data breach doesn’t get you, the litigation will.
  8. The SAFETY Act includes federal programs to help mitigate corporate liability.
  9. Insurance coverage is available through both traditional and tailored policies.
  10. Outside counsel comes with the benefit of attorney-client privilege.

For more than 25 years, The Mechanic Group has been the leading MGA writer of private security, investigation, alarm installation and monitoring, and background screening insurance. Visit The Mechanic Group at www.mechanicgroup.com. 

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