Cloud Computing: Business Opportunity or Data Threat?

By | Cybersecurity, Risk control, Safety Tips | No Comments

This post was featured in Equipment Connection – the risk management blog authored by our partners at Hartford Steam Boiler. In today’s world, we are surrounded by and enjoying the benefits of advances in technology. As mechanical, electronic and information technologies evolve and intertwine, so do the risks of breakdown and security breaches. One of the most substantial trends impacting businesses today, is “cloud” computing. What is the cloud? Cloud computing can be loosely defined as: Outsourcing what would…

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New OSHA Requirements: Electronic Submittal Of Injury and Illness Records

By | Risk control | No Comments

Effective January 1, 2017, OSHA revised its requirements for recording and electronically submitting work-related injuries and illnesses records for posting to the OSHA website. The new reporting requirements will be phased in over three years and pertain to establishments with 20+ employees in industries covered by the record-keeping regulation. The new requirements pertain to the following records: OSHA 300 Log of Work-Related Injuries and Illnesses: most companies are required to maintain this log on an…

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Meet our Team!

By | OneBeacon Technology Insurance | No Comments

At OneBeacon Technology, we believe in doing business person-to-person. We’ll occasionally use this blog to introduce some of our front-line team. Today, we invite you to listen to our Central Region’s Underwriting Manager Chris Moede describe what we mean by specialty. For additional information about our specialized technology products and services, visit our website.

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Cisco Publishes Annual Cybersecurity Report

By | Cybersecurity | No Comments

Cisco recently published its 2017 Annual Cybersecurity Report. According to the study, over one-third of organizations that experienced a cyber breach in 2016 reported a loss of customers and revenues. When breaches occur, operations and finance were the functions most likely to be affected (36 percent and 30 percent, respectively), followed by brand reputation and customer retention (both at 26 percent). Acess the full report, including other highlights here.  

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MedTech Insights: What’s your gut telling you?

By | Whitepapers | No Comments

We’re pleased to share our most recent whitepaper titled, “Microbiome: What is your gut telling you?” authored by Risk Control Medical Technology Specialist Elizabeth Marazzo. As you’ll read, Elizabeth explains the study of microbiomes, their impact on our individual well-being and how the life science and healthcare industries are harnessing these insights to improve medical treatments and preventive care. Please visit our website to view our complete library of technology-focused whitepapers.

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Cybersecurity Insights = RSA Conference

By | Conference insights | No Comments

This week, we’re in San Francisco for the annual RSA Conference, a global information security conference and exposition. We’re appreciating the opportunity to hear from many cybersecurity experts firsthand, including the keynote Cryptographers’ Panel. This group reviewed the latest advances in cryptography, including research areas to watch in 2017 and new threats facing the field.  

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Artificial Intelligence on the ECIA Phoenix Agenda

By | Conference insights, OneBeacon Technology Insurance, Risk control | No Comments

As technology insurance specialists, we appreciate opportunities to share expertise with our industry partners and colleagues. Next week, Risk Control Manager Tushar Nandwana will speak at the Electonic Components Industry Association’s (ECIA) regional event in Phoenix. Tushar will discuss artificial intelligence, including the growth of this technology. He will also review the proliferation of its use in existing and new applications, and potential concerns or hazards. For additional information about ECIA and this event, visit the…

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Ransomware Attacks: Stay Aware; Stay Alert

By | Cybersecurity | No Comments

Last week, several reports cited the unauthorized access to corporate databases through vulnerable platforms. The extortionists are demanding payments in exchange for the data, but apparently most data was not being returned upon payment of those ransoms. The initial attacks targeted databases running on MongoDB and then copycat attacks occurred on Elasticsearch servers. Our partners at BitSight alerted us to this matter and will continue to monitor and offer updates. Feel free to share this…

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Inspiring Youth

By | Community giving | No Comments

Happy New Year! We’re happy to share one more photo of our holiday giving efforts, this time featuring our southern California team. Our colleagues decided to allocate their donation to Create Inspiring Youth for a Better Tomorrow. This nonprofit is based in Orange, California and serves local homeless and at-risk youth through educational opportunities and essential services. They specifically focus on the Skyview School – a local K-8 school whose primarily homeless students are desperately…

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A Season for Giving

By | Community giving | No Comments

In recent weeks, our team has joined in OneBeacon’s overall holiday spirit by giving back to local nonprofits. Through donations funded by the OneBeacon Charitable Trust as well as local collections for toys, food and more, it’s been a season for giving. Our Phoenix-based underwriter Denise Oppelt was happy to personally deliver our donation to St. Mary’s Food Bank. We were grateful to learn that our gift will provide nearly 9,000 meals for those struggling with…

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