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Press Release
HDH Group Sponsors Cyber Crime Awareness Briefing Pittsburgh Technology Council hosts event to help companies secure their organizations against cyber threats with improved security measures, Cyber Liability Insurance PITTSBURGH, PA – November 12, 2008 – The HDH Group, a nationally recognized leader in the risk management and employee benefit insurance intermediary markets and Pittsburgh’s largest privately-held commercial insurance brokerage firm, will sponsor a seminar presenting strategies for protecting businesses from cyber crime threats. Hosted by the Pittsburgh Technology Council, the Next Generation in Cyber Crimes breakfast briefing will be held at the Sheraton Station Square on November 13th, beginning at 7:30am. In 2007, the Internet Crime Complaint Center (IC3) referred more than 90,000 complaints of cyber crime to federal, state and local law enforcement – with 6,494 complaints coming from the state of Pennsylvania alone. Speaking at the upcoming event will be Information Security & Privacy Attorney, Ronald E. Plesco, Jr. of the National Cyber Forensic Training Alliance Foundation (NCFTA) and F.B.I. Unit Chief Daniel J. Larkin. These nationally-renowned speakers will help attendees understand how they can better protect their companies from emerging cyber crime threats. They will also discuss cases of cyber theft against Fortune 100 companies and present the mitigation strategies these companies employed. “HDH is proud to sponsor this Pittsburgh Technology Council event to help local companies stay ahead of, and protect against, the cyber crimes that threaten them,” said Frank Mikan, President of the HDH Group. “In our networked economy, it is wise for businesses to take an aggressive stance against external and internal threats to their digital assets – particularly their customers’ or patients’ personal data. At HDH, it is important for us to advise our clients on the different strategies they can employ to secure their enterprise from internal and external digital data risks. It is critical that business executives know that there are specialized risk management strategies for covering the costs and liabilities associated with a cyber assault. Unfortunately, many companies only find out after an assault that their traditional insurance policies do not cover the costs of a cyber breach, which can represent significant costs in terms of lost business, privacy liability, and damage to a company’s corporate reputation.” Cyber threats present new and different liabilities and exposures. With expanded protections for patient and customer privacy rights, the need to secure personal data from external and internal threats is real for most organizations, and particularly high for those doing business over the Internet or organizations in healthcare, financial services, retail, education, or law. Cyber liability insurance is designed to insure an organization against unauthorized access to its digital and data assets – and the crimes that result from such security breach. Cyber liability insurance is critical component of a company’s Enterprise Risk Management strategy.
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