CQB Show 6.4.18
from The Consumer Quarterback Show
Eunice Halstead, Mark Albrechta Eunice-insurance can protect your assets in the cyber world as well -recently had a client come out of pocket for $300k to recover files and secure their client info -clients who get their information hacked can take legal action against the company who allowed this to occur -medical professionals also have a big risk w sensitive info, patient records must be protected -big corps have been held ransom by hackers who threaten to expose sensitive records -there are 2 types of businesses, those who have been hacked and those who will be in the future...make sure you are covered -Eunice has 30+ years in insurance industry, let her find the best deal for you _______________ Mark- be careful w disgruntled past employees, they can hack your system or create damage to records due to discontent -law firms have to protect a lot of sensitive data, insurance is a must -make sure to protect your business...set up a corporation or LLC -state law requires annual registration renewal for corp, llc -beware of co signing any agreement w family members, you will be the one sued because you have the $ (car purchase for children often is dangerous) -get separate LLC's for each asset, that way they all are not vulnerable at once
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