FTC Archives - Setnor Byer

26 Jan FTC proposes ban on non-compete clauses for employees

Posted at 16:43h in 2023, Employment Practices Liability Insurance (EPLI), Human Resources, Labor & Employment Law

By Anita Byer, Setnor Byer Insurance & Risk The Federal Trade Commission recently proposed a new rule that would ban the use of non-compete clauses in employment agreements. The FTC believes that the widespread use of non-compete clauses suppresses wages, hampers innovation and stifles entrepreneurship. According...

19 Jan Don’t Let Weak Site Security Compromise Your Business’s Cybersecurity

Posted at 15:50h in Cyber Risk, Risk Management

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...

23 Oct Ransomware Attacks Are Becoming More Common and More Expensive

Posted at 16:15h in Cyber Risk, Risk Management

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...

21 Sep October is National Cybersecurity Awareness Month

Posted at 16:43h in Cyber Risk, Risk Management, Safety

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...

20 Mar How Can You Limit the Damage Caused by Identity Theft?

Posted at 19:01h in Commercial Insurance, Cyber Risk, Personal Insurance, Professional Liability, Risk Management, Safety

What’s worse than filing your taxes? Finding out that your return was already filed and your refund check was already cashed. Yep, that’s definitely worse. Unfortunately, tax season has become the time of year when many first discover that their identities have been stolen. According to...

22 Oct How Can You Prevent Identity Theft?

Posted at 14:31h in Personal Insurance, Risk Management

According to the Federal Trade Commission, identity theft continues to top the list of consumer complaints. In 2013, American consumers reported losing more than $1.6 billion to fraud, which is approximately $2,294 per incident. The highest reported age group for identity theft is 20-29, and...

14 Aug Preventing Data Security Breaches

Posted at 12:48h in Commercial Insurance, Cyber Risk, Professional Liability, Risk Management, Safety

Every business must be able to identify the likeliest source of a data security breach so that they can also identify how to prevent it. Is it an executive's laptop computer, the copy machine or the office's wireless network? Could it be something else? Since...

FTC Tag

26 Jan FTC proposes ban on non-compete clauses for employees

19 Jan Don’t Let Weak Site Security Compromise Your Business’s Cybersecurity

23 Oct Ransomware Attacks Are Becoming More Common and More Expensive

21 Sep October is National Cybersecurity Awareness Month

20 Mar How Can You Limit the Damage Caused by Identity Theft?

14 Aug Preventing Data Security Breaches

Follow Us

Location

Hours