Lawyers gain broadened professional liability coverage from OneBeacon

OneBeacon Insurance Group member, OneBeacon Professional Insurance (OBPI), has launched a broadened lawyers’ professional liability (LPL) coverage so that its protections will now include network security and privacy (NSP) liability. Lawyers can access this new offering in either of two possible ways, which are: 1. As an LPL policy endorsement 2. As its own standalone coverage According to the OBPI senior vice president of the LPL division, Kim Noble, these days, a law firm’s lifeblood is its information systems, and it is vital to protect those systems, as they may…

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Sony claims efforts to protect intellectual property made it a hacker target

Sony Corp. has announced that it believes the reason that hackers targeted its networks was because it was making attempts to protect its intellectual property. The announcement was made at a shareholders’ meeting for the company by its CEO, Howard Stringer, at the same time that he dodged a request for him to step down from his leadership position in the organization. Sony was attacked by hackers in April 2011, when 77 million user accounts were breached, allowing the attackers to gain access to the personal information within them. The…

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