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Keeping Zoom Secure – How to Stay Cyber-Savvy When Working Remotely

by Andrew Frisbie, Chief Information Security Officer at LCG-LLC​ ​Zoom is a popular cloud communications application that is front-and-center in the COVID-19 response as we all shift to working from home. With all the attention, Zoom has been a popular topic of discussion amongst cybersecurity professionals and a popular target of bad actors. Here are two very current issues that many media outlets are writing about: March 30, 2020 – Zoom Bombing Attacks The FBI issued a warning of ongoing “Zoom-bombing attacks” on video meetings. “Zoom Bombing” occurs when an unscrupulous individual joins a Zoom video conference for the purpose of disrupting it. Zoom-Bombing has been…

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Big I NY Opposes Bill To Force Coverage for COVID-19 Business Income Losses

​A bill introduced in the New York State Assembly on March 27 would force insurers to cover some business income losses resulting from the COVID-19 pandemic, even if their policies excluded coverage. Big I New York is joining other industry groups in opposing the measure. The bill, A.10226, was introduced by Assem. Robert Carroll (D – Brooklyn). Assem. Carroll announced his intention to introduce the bill in a series of Twitter posts on March 24. Big I NY AVP of Research and Information Tim Dodge posted several replies to the assemblyman's tweets; no counter-replies have been posted.  The bill would require business income policies to cover the insured business for losses it sustains if it must shut…

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NYS DFS Requires Insurers & Premium Finance Companies to Allow Deferment

​"The New York State Department of Financial Services (DFS) today adopted an emergency regulation requiring New York State regulated issuers of life insurance and annuity contracts, property and casualty insurers and premium finance agencies to provide relief to New York consumers and businesses experiencing financial hardship due to COVID-19. Consumers experiencing financial hardship due to COVID-19 may defer paying life insurance premiums for ninety (90) days. Consumers and small businesses experiencing financial hardship due to COVID-19 may defer paying premiums for property and casualty insurance for sixty (60) days. Premium finance agencies are required to provide the same relief as insurers. Certain producers must notify…

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