BANK CARD PROTECTION BEYOND FIREWALLS ...

A very serious security breach affecting Target focused unwelcome publicity on that retail chain last fall, but they were hardly alone in being “TARGETed”. Recent headlines across the country have been trumpeting news about shadowy hackers tearing through firewalls at credit processors – ALL routinely subject to technology certification audits --- and making off with MILLIONS of card numbers.

These incidents only reaffirm the severe limitations of snapshot security evaluations and spotlight the inherent security flaws of constantly evolving payment systems. They underscore the vulnerabilities that will remain with us until such time as data gets locked down EVERYWHERE it transits the on-line pipeline, can be rendered invulnerable or is made useless if stolen.

Pending resolution of this tall and costly order, your best back-up defense in a world chock full of determined web thieves remains solid insurance protection. Fidelity and cyber-risk policies may provide some limited protection, but these coverage's are not broad enough to address the full peril.

If you have not investigated or adopted bank card coverage, get in touch with Rex Wyon, Inc. We understand the problem, know this market well, and will work closely with your institution and our underwriters to construct a comprehensive shield whose limits and options precisely match individual business situations, programs and budgets.

Please take a moment to scan the summary and sample policy. Familiarize yourself with the parameters of our typical program coverage. Once you have, call us to find out how we can adapt it to help you thwart the major, constant and very real threats to your bank card program.

Don’t wait! Your adversaries in cyberspace most certainly won’t!
 

Just download and return the appended application for a fast quote and binding.

We also provide unique risk management solutions:

• Alternative Risk Funding: Bermuda Captives
• SPEEDY Risk Management Form
• FannieMae Commercial Property, Liability and Other Insurance Requirements
• FannieMae Environmental Questionnaire
• FannieMae Title Insurance Requirements

We represent many leading insurance companies and provide quality property and casualty insurance programs including:

• Boiler and machinery
• Construction - Builders Risk
• Commercial Auto
• Credit and credit-related life, accident, and disability
• Employee benefits
• Environmental
• Earthquake insurance
• Excess and surplus lines licensed
• Fidelity bonds
• Flood insurance
• Health care
• Management liability
  • Directors’ and Officers’ liability
  • Fiduciary Liability
  • Employment practices
• Professional and product liability
• Surety
• Workers’ compensation