cma cyber presentation - cabinet makers association · 2019-06-20 · 5 under armour 2018 150...

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Cyber Security Presented by: Jack West - National Account Executive May 20, 2019

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Page 1: CMA Cyber Presentation - Cabinet Makers Association · 2019-06-20 · 5 Under Armour 2018 150 Million 6 Equifax 2017 145.5 Million 7 EBay 2014 145 Million ... •Compliance with state

Cyber SecurityPresented by:

Jack West - National Account ExecutiveMay 20, 2019

Page 2: CMA Cyber Presentation - Cabinet Makers Association · 2019-06-20 · 5 Under Armour 2018 150 Million 6 Equifax 2017 145.5 Million 7 EBay 2014 145 Million ... •Compliance with state

AgendaCyber Crime Trends

Business Responsibilities

Risk Management Opportunities

Page 3: CMA Cyber Presentation - Cabinet Makers Association · 2019-06-20 · 5 Under Armour 2018 150 Million 6 Equifax 2017 145.5 Million 7 EBay 2014 145 Million ... •Compliance with state

Top Data Breaches of All TimeRank Company Year Accounts

1 Yahoo! 2016 3 Billion2 Marriott 2018 500 Million3 Yahoo! 2016 500 Million4 MySpace 2016 360 Million5 Under Armour 2018 150 Million6 Equifax 2017 145.5 Million7 EBay 2014 145 Million8 Target 2013 110 Million9 LinkedIn 2016 100 Million10 Quora 2018 100 Million

Page 4: CMA Cyber Presentation - Cabinet Makers Association · 2019-06-20 · 5 Under Armour 2018 150 Million 6 Equifax 2017 145.5 Million 7 EBay 2014 145 Million ... •Compliance with state
Page 5: CMA Cyber Presentation - Cabinet Makers Association · 2019-06-20 · 5 Under Armour 2018 150 Million 6 Equifax 2017 145.5 Million 7 EBay 2014 145 Million ... •Compliance with state

Current Data Compromise Trends

Every business is vulnerable.

Page 6: CMA Cyber Presentation - Cabinet Makers Association · 2019-06-20 · 5 Under Armour 2018 150 Million 6 Equifax 2017 145.5 Million 7 EBay 2014 145 Million ... •Compliance with state

What is the Business’s Responsibility• Compliance with state breach notification laws• Forensic analysis to identify what information was breached• Credit monitoring and identity theft case management• Public relations strategy to minimize reputational risk• Fines and/or penalties from PCI or other regulatory agencies• Potential legal action from affected individuals

Page 7: CMA Cyber Presentation - Cabinet Makers Association · 2019-06-20 · 5 Under Armour 2018 150 Million 6 Equifax 2017 145.5 Million 7 EBay 2014 145 Million ... •Compliance with state

Risk Management• Training Today Courses

• What is Cyber Security• Types of Cyber Threats• Anatomy of a URL: How to Identify Web

Links• E-Mail Security: Recognizing a Cyber Attack• Safe Web Browsing: Identifying Malicious

Web Pages• Creating and Using Passwords• Protecting and Securing Your Data• Mobile Device Best Practices

Page 8: CMA Cyber Presentation - Cabinet Makers Association · 2019-06-20 · 5 Under Armour 2018 150 Million 6 Equifax 2017 145.5 Million 7 EBay 2014 145 Million ... •Compliance with state

Risk Management • eRiskHub®

• Incident Roadmap and Incident Response Planning

• State Data Breach Notification Laws• eRisk Self Assessment• Cyber Security and Privacy Training • Training – Human Firewall• Training – Password Security and

PhishFight (trains on phishing)• Resources – Data Security• Cyber Risk Tools – Security Policy 101

Page 9: CMA Cyber Presentation - Cabinet Makers Association · 2019-06-20 · 5 Under Armour 2018 150 Million 6 Equifax 2017 145.5 Million 7 EBay 2014 145 Million ... •Compliance with state

Federated Insurance Risk Management AcademySM

Held at Federated’scorporate office in Owatonna, MN.

There is no cost for CMA members to attend!

Page 10: CMA Cyber Presentation - Cabinet Makers Association · 2019-06-20 · 5 Under Armour 2018 150 Million 6 Equifax 2017 145.5 Million 7 EBay 2014 145 Million ... •Compliance with state

Federated Insurance Risk Management AcademySM

2019 2 ½ Day Seminars:August 6-8November 5-7

Page 11: CMA Cyber Presentation - Cabinet Makers Association · 2019-06-20 · 5 Under Armour 2018 150 Million 6 Equifax 2017 145.5 Million 7 EBay 2014 145 Million ... •Compliance with state

Thank you!This presentation is for general information only and should not be considered coverage, legal, or financial advice. Some of the services referenced herein are provided by third party companies wholly independent of Federated. Federated provides its clients with access to these services with the understanding that

neither Federated nor its employees provide legal or other expert advice. All products and services not available in all states. Qualified counsel should be sought with questions specific to your circumstances.

Federated Mutual Insurance Company • Federated Service Insurance Company* • Federated Life Insurance Company • Federated Reserve Insurance Company* • Granite Re, Inc.*

PPT-38 Ed. 12/18 | federatedinsurance.com | *Not licensed in all states. © 2018 Federated Mutual Insurance Company