CQB Show 6.4.18

Eunice Halstead, Mark Albrechta

Eunice-insurance can protect your assets in the cyber world as well

-recently had a client come out of pocket for $300k to recover files and secure their client info

-clients who get their information hacked can take legal action against the company who allowed this to occur

-medical professionals also have a big risk w sensitive info, patient records must be protected

-big corps have been held ransom by hackers who threaten to expose sensitive records

-there are 2 types of businesses, those who have been hacked and those who will be in the future...make sure you are covered

-Eunice has 30+ years in insurance industry, let her find the best deal for you

_______________

Mark- be careful w disgruntled past employees, they can hack your system or create damage to records due to discontent

-law firms have to protect a lot of sensitive data, insurance is a must

-make sure to protect your business...set up a corporation or LLC

-state law requires annual registration renewal for corp, llc

-beware of co signing any agreement w family members, you will be the one sued because you have the $ (car purchase for children often is dangerous)

-get separate LLC's for each asset, that way they all are not vulnerable at once

Hosted on Acast. See acast.com/privacy for more information.