Are You Covered? CT Businesses Should Double Check Insurance Coverage for Data Loss
The Connecticut Appellate Court recently decided a case involving damages from loss of data related to 500,000 IBM employees. The case is entitled IMB caseRecall Total Information Management v. Federal Insurance Company. The loss of data included social security numbers and birth dates. The data was lost in the process of transport for storage. Some 4 […]
Tips On How To Reduce The Risk Of Intellectual Property Theft
In my last post, I wrote about the risks facing businesses when there is a departing employee. It can be fairly argued that in the next 3 years your average business will have to deal with a disgruntled, departing employee. The employee will have had access to confidential information in digital form. Studies have shown […]
Confidential Information and the Departing Employee
I recently ran a seminar for the Human Resources Association of Central CT on "Effectively Managing Your Departing Employees." The issues concerned how attorneys can help to eliminate, prevent, or mitigate the risks of intellectual property theft. In this post, I will define the basics of the problem. In the next post, I will cover […]
New Update to Connecticut Data Breach Law
Connecticut Updates Its Data Breach Statute by Attorney David Benoit. A month after Vermont made substantive amendments to its Security Breach Notice Act to address a number of consumer protections, Connecticut followed suit on June 12th with a similar amendment to Connecticut General Statutes Sec 36a-701b to include a notice to the State’s Attorney General. […]
Small Business Insurance For Data Loss and Security Breach
The Hartford has recently announced a new insurance product specially tailored to fit small business for data loss and security breach. It has been touted as more affordable for the smaller business owner. More and more small businesses are experiencing the devastating effects of a security breach incident or data loss. The statistics and stories are […]
Unfair and Deceptive Trade Practices in Connecticut
Each state generally has some type of consumer protection or trade protection law that seeks to prohibit and punish unfair conduct and deceptive acts in trade or commerce. Most states, including Connecticut, model their laws after section 5 of the Federal Trade Commission Act. Section 5 of the FTC Act prohibits unfair or deceptive acts and unfair […]
Health Net’s Data Loss In Connecticut Was Theft
Attorney General Richard Blumenthal issued a scathing press release related to Health Net’s recent data loss and security breach. Blumenthal called Health Net’s story on it "sanitized" and its six month delay in reporting "unconscionable." Blumenthal called for a federal investigation and intensified state efforts because of the sensitive financial and health information at risk […]
Insurance Might Be An Option for Data Loss Lawsuits Alleging Negligence Against Businesses
Every business in Connecticut, big or small, faces significant financial consequences for data loss or a breach of security. As I noted in a business tips post on this blog, implementing a strong data loss and privacy policy is critical for preventing a loss or mitigating its effects and damages. Of course, once you have a policy or […]
Technology Tips For Connecticut Businesses To Avoid Litigation
As part of this Blog, I am going to regularly post technology tips for any Connecticut business to manage risks and avoid lawsuits. These tips will be based on a presentation I did for the Hartford Business Journal’s Etechnology Summit concerning technology bombs that can sink a business. Here’s todays tip for Connecticut businesses to avoid financial loss as a result of datal loss and […]