Download PDF: Hacked! Slide Deck
June 25, 2014 at 11am EDT
Advisen hosted a webinar and wrote a white paper that examines corporate bank account takeovers.
On June 25, OneBeacon’s Craig Collins and Dan Ryan and Advisen’s David Bradford discussed the vulnerabilities of small and mid-size companies to cyber criminals, analyzed the liability issues, and proposed actionable loss prevention strategies. Insurance options were also be examined. This free, one-hour webinar and the associated white paper are both sponsored by OneBeacon Professional Insurance.
Panelists
The following panelists participated in the webinar:
- Craig Collins, President, Financial Services Group, OneBeacon Professional Insurance
- Dan Ryan, Vice President of Claims, OneBeacon Professional Insurance
- Karl Sigler, Manager, Trustwave SpiderLabs Threat Intelligence
- Tom Lahiff, Attorney and Consultant, Law Offices of Thomas Lahiff
- David Bradford, President, Research & Editorial division, Advisen (Moderator)
Webinar Topics
Topics discussed:
- What is a corporate account takeover?
- How common are account takeovers?
- How do cybercriminals get access to a company’s bank accounts?
- What types of companies are most vulnerable to account takeovers?
- Don’t banks have security measures to avoid account takeovers?
- Who is responsible for the loss? Is it different for individuals?
- Under what scenarios have banks been held liable for corporate customers’ losses?
- How can companies avoid account takeovers?
- What can banks do to help their customers with network security?
- What else can banks do clarify the relative roles and responsibilities of the bank and its customers?
- What insurance protections are available for both a bank and its customers?
White Paper: Hacked! When Cyber Thieves Clean Out a Company’s Bank Account
The 7-page free Advisen white paper entitled, “Hacked! When cyber thieves clean out a company’s bank account,” will be available soon!
