Why E&O Insurance Is More Important for Tech Firms than Others
Let’s get one thing straight off the bat: not every small firm needs Errors and Omissions (E&O) Insurance. In some industries, there’s just not a great enough risk of lawsuits to justify the cost...
View ArticleAre You Really Covered? 5 Questions to Ask Your Technology Insurance Company
When it’s time to secure insurance for your small tech firm, it’s a good idea to work with a technology insurance company that has experience finding coverage for firms of your size that face a risk...
View Article2012’s Record Data Leaks Means Data Breach Insurance Is Becoming More Important
If you felt like data breaches were in the news a lot in 2012, you weren’t imagining things: a report from Risk Based Security released last month shows that the data breach total for 2012 (2,644...
View ArticleIT Consultants Liability: When the Cloud Service You Recommended Gets Hacked
If you own an IT consulting company or provide IT consulting services as part of a larger business, your revenue depends on the advice you provide your clients. The products and services available...
View ArticleDo I Need E&O Insurance for Every New Contract?
As we’ve mentioned on this blog before, Errors and Omissions (E&O) Insurance is often more important for small technology companies than others. But knowing you need E&O coverage and securing...
View ArticleCan a Vocabulary Lesson Prevent E&O Lawsuits?
A recent article from ITWorld.com outlined the top 10 traits of highly effective IT professionals. One of them was to teach less tech-savvy coworkers to “speak geek” – that is, to help them understand...
View ArticleDo I Need E&O Insurance for Less Major Projects?
We’ve written in the past about how Errors & Omissions Insurance is particularly important for small technology firms, which often face a double challenge: first, legislation can’t keep pace with...
View ArticleE&O Liability Higher than Many Realize for IT Staffing Firms
March unemployment numbers released today show that the U.S. economy continues to inch toward recovery, with 88,000 new jobs created last month and the official unemployment rate creeping down to 7.6...
View Article6 Common Myths about Errors & Omissions Insurance
Do you think your General Liability Insurance policy covers all the risks of your technology business? If so, you're setting yourself up for some hefty liabilities. How hefty? They're the kind of costs...
View ArticleFines & Fallout from Facebook’s IPO Highlight Risks for IT Firms
Today, the Securities and Exchange Commission (SEC) announced a $10 million fine for Nasdaq’s parent company for events related to the initial public offering (IPO) of Facebook’s stock in 2012. The...
View ArticleHow a Calendar and an Email Can Save You Thousands of Dollars
Did you ever notice that if you add an “s” to the end of “deadlines,” it becomes “deadliness”? Similarly, if you take even a day or two longer to complete a client project, you could face a devastating...
View ArticleDon't Play Telephone: Protect Yourself from E&O Claims with Professional...
Remember when you would play Telephone as a child? On your turn, you promised you would speak so clearly no one would mishear what you said. You’d be the only person to win the telephone game. (As...
View ArticleTinder Security Breach Highlights E&O Exposure for IT Contractors
Have you heard of Tinder? It’s a date-finding app for young professionals (many have observed that it brings the capabilities of Grinder to a wider market). Tinder takes a new spin on the idea that...
View ArticleErrors & Omissions Insurance: Protect Your Hardest-to-Manage Reputational...
A study recently conducted by insurance company ACE European Group found that more than four-fifths of businesses interviewed (81 percent) cited reputational risks as their most difficult to manage....
View ArticleJava Function Exposes All Android Users to Bitcoin Theft, Highlights Errors &...
This summer, Bitcoins may have received more hype than Justin Bieber. But recently, the digital currency has been in the news due to a cyber security flaw, which sheds light on security and liability...
View ArticleData Security Remains Top Concern about Cloud Computing Options
“Cloud Computing: Key Trends and Future Effects,” a study recently published by IDG Enterprise, highlights that, though cloud hosting and computing programs (including IaaS and SaaS) are growing in...
View ArticleDo I Need E&O Insurance for Every New Contract?
As we’ve mentioned on this blog before, Errors and Omissions (E&O) Insurance is often more important for small technology companies than others. But knowing you need E&O coverage and securing...
View ArticleCan a Vocabulary Lesson Prevent E&O Lawsuits?
A recent article from ITWorld.com outlined the top 10 traits of highly effective IT professionals. One of them was to teach less tech-savvy coworkers to “speak geek” – that is, to help them understand...
View ArticleJava Function Exposes All Android Users to Bitcoin Theft, Highlights Errors &...
This summer, Bitcoins may have received more hype than Justin Bieber. But recently, the digital currency has been in the news due to a cyber security flaw, which sheds light on security and liability...
View ArticleData Security Remains Top Concern about Cloud Computing Options
“Cloud Computing: Key Trends and Future Effects,” a study recently published by IDG Enterprise, highlights that, though cloud hosting and computing programs (including IaaS and SaaS) are growing in...
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