Cyber criminals routinely incorporate the “crisis-du-jour” into scams to increase their likelihood of success. COVID-19, it seems, is no exception. In a single week, Google saw 18 million coronavirus-related malware and phishing emails…per day! It’s gotten so bad that the Federal Bureau of Investigation, the...
Setnor Byer Insurance & Risk Small businesses spend a lot of time and money to protect their sensitive and confidential information, and rightfully so. Data breaches can lead to crippling, often insurmountable financial and reputational harm. Unfortunately, many businesses overlook the most basic security measures. Cyber...
Setnor Byer Insurance & Risk On December 27, 2020, the second major coronavirus stimulus package was signed into law. The COVID-Related Tax Relief Act of 2020 includes a number of relief measures to address the health and economic impacts of the COVID-19 pandemic. But, what about...
Setnor Byer Insurance & Risk The COVID-19 vaccines provide a glimmer of hope as new cases surge nationwide. It also raises some interesting questions for employers. How, for example, will the vaccine’s increasing availability be viewed in the context of the Americans with Disabilities Act (ADA)?...
Setnor Byer Insurance & Risk Did you know that the average ransomware demand in the first quarter of 2020 was $111,605? Ransomware is a type of malware that encrypts critical data so it cannot be accessed without a decryption key. Victims must, you guessed it, pay...
Cybersecurity Awareness Month was launched in 2004 to promote online safety and security. This is particularly important in 2020 because so many things took a back seat when coronavirus disease 2019 arrived. COVID-19 may dominate the headlines, but data security breaches continue to pose a...
Florida employers may see lower workers’ compensation insurance premiums in 2021. The National Council on Compensation Insurance is proposing a statewide average rate decrease of 5.7 percent for 2021. NCCI is a licensed rating organization authorized to submit workers’ compensation rate filings on behalf of...
Employers have endured a parade of challenges since the coronavirus disease 2019 (COVID-19) pandemic began. The parade, it seems, is far from over. According to a recent white paper co-sponsored by Liberty Mutual Insurance Company, there is early evidence that employment-related COVID-19 claims are on...
The Families First Coronavirus Response Act (FFCRA) requires paid sick leave and expanded family and medical leave for employees who miss work for specific reasons related to coronavirus disease 2019 (COVID-19). These requirements generally apply to private employers with fewer than 500 employees, but there...
COVID-19 will change our world in many ways, some good and some bad. The same holds true for the insurance marketplace. While in the midst of the crisis, it is hard to predict, but the following considerations should be noted. Property policy and the corresponding business...