ILMA Compoundings – November 2018 - 40
Phisherman's Insurance
conditions of the workplace. "If you want
to be safe, go look at what the NLRB has
approved, and then put extra resources
into working [in] that section of the
handbook on cybersecurity."
For a policy to be effective, it needs
to be communicated to all staff. Make it
obvious that all cybersecurity infractions
are no less important than physical
security incidents. Leiter recommends
making it clear with employees that
consequences could even be as severe as
termination of employment, depending
on what the infraction is and whether it
was a repeat offense.
For some ILMA members, it might be
worth offsetting the risk of phishing
scams and other cyberattacks via insurance. General liability policies and
property insurance policies typically
exclude cybersecurity risks, and as a
result, stand-alone cybersecurity insurance policies have evolved. Typically,
the coverage protects for losses as a
result of cyber incidents such as data
destruction or theft, extortion and
ransom demands, etc.
"It's a question of what the premium
costs, and is that worth the risk,"
Leiter said. "Perhaps ILMA members
can utilize awareness programs and
training and occasional tests to see if
employees fall for the bait in phishing
emails, and that can help reduce
premiums. It varies by insurer, but
they'll expect corporate behavior that
would constantly monitor what was
going on and take the proper steps."
Phishing and other types of cyberattacks aren't going away any time
in the near future - and hackers
are only getting smarter. For ILMA
members, the best defense against
a phishing scam is avoiding it in
the first place. That takes a culture
of awareness, technological barriers, proper training and handbook
language, and perhaps even preparatory measures such as cybersecurity
insurance. These steps can allow both
ILMA-member companies and their
employees to stay safe and secure.
Moul is a freelance writer based on the
East Coast.
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NOVEMBER 2018
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ILMA Compoundings – November 2018
Table of Contents for the Digital Edition of ILMA Compoundings – November 2018
LETTER FROM THE CEO
INSIDE ILMA
WHAT’S COMING UP
INDUSTRY RUNDOWN
IN THE KNOW
INTERNATIONAL INSIGHT
MARKET REPORT
EVERYTHING OLD IS NEW AGAIN
PREPARING FOR AND DEALING WITH DISASTERS
ON THE HOOK
BUSINESS HUB
COUNSEL COMPOUND
WASHINGTON LANDSCAPE
IN NETWORK
MEMBER CONNECTIONS
CROSS CONNECTIONS
PORTRAIT
ILMA Compoundings – November 2018 - Cover1
ILMA Compoundings – November 2018 - Cover2
ILMA Compoundings – November 2018 - 1
ILMA Compoundings – November 2018 - 2
ILMA Compoundings – November 2018 - LETTER FROM THE CEO
ILMA Compoundings – November 2018 - INSIDE ILMA
ILMA Compoundings – November 2018 - 5
ILMA Compoundings – November 2018 - 6
ILMA Compoundings – November 2018 - 7
ILMA Compoundings – November 2018 - 8
ILMA Compoundings – November 2018 - 9
ILMA Compoundings – November 2018 - WHAT’S COMING UP
ILMA Compoundings – November 2018 - 11
ILMA Compoundings – November 2018 - INDUSTRY RUNDOWN
ILMA Compoundings – November 2018 - IN THE KNOW
ILMA Compoundings – November 2018 - INTERNATIONAL INSIGHT
ILMA Compoundings – November 2018 - 15
ILMA Compoundings – November 2018 - 16
ILMA Compoundings – November 2018 - 17
ILMA Compoundings – November 2018 - MARKET REPORT
ILMA Compoundings – November 2018 - 19
ILMA Compoundings – November 2018 - EVERYTHING OLD IS NEW AGAIN
ILMA Compoundings – November 2018 - 21
ILMA Compoundings – November 2018 - 22
ILMA Compoundings – November 2018 - 23
ILMA Compoundings – November 2018 - 24
ILMA Compoundings – November 2018 - 25
ILMA Compoundings – November 2018 - 26
ILMA Compoundings – November 2018 - 27
ILMA Compoundings – November 2018 - 28
ILMA Compoundings – November 2018 - 29
ILMA Compoundings – November 2018 - PREPARING FOR AND DEALING WITH DISASTERS
ILMA Compoundings – November 2018 - 31
ILMA Compoundings – November 2018 - 32
ILMA Compoundings – November 2018 - 33
ILMA Compoundings – November 2018 - 34
ILMA Compoundings – November 2018 - 35
ILMA Compoundings – November 2018 - ON THE HOOK
ILMA Compoundings – November 2018 - 37
ILMA Compoundings – November 2018 - 38
ILMA Compoundings – November 2018 - 39
ILMA Compoundings – November 2018 - 40
ILMA Compoundings – November 2018 - 41
ILMA Compoundings – November 2018 - BUSINESS HUB
ILMA Compoundings – November 2018 - 43
ILMA Compoundings – November 2018 - COUNSEL COMPOUND
ILMA Compoundings – November 2018 - 45
ILMA Compoundings – November 2018 - 46
ILMA Compoundings – November 2018 - WASHINGTON LANDSCAPE
ILMA Compoundings – November 2018 - 48
ILMA Compoundings – November 2018 - 49
ILMA Compoundings – November 2018 - MEMBER CONNECTIONS
ILMA Compoundings – November 2018 - 51
ILMA Compoundings – November 2018 - 52
ILMA Compoundings – November 2018 - 53
ILMA Compoundings – November 2018 - CROSS CONNECTIONS
ILMA Compoundings – November 2018 - 55
ILMA Compoundings – November 2018 - PORTRAIT
ILMA Compoundings – November 2018 - Cover3
ILMA Compoundings – November 2018 - Cover4
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