Articles from March 2008
A Federal Insurance Department?
Insurance in the United States has traditionally been regulated by individual states. Reform proposals at the national level are moving in two directions. One is a dual (federal/state) chartering system.The other is modernization of the state system.
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Is An Email Marked "PRIVATE" Really Safe?
Cyber-Terrorism Activity
Financial Services Professionals should understand that sending e-mail unencrypted is inherently insecure. Network administrators at Internet service providers and employers can read messages at one of several transit points. However, hackers can use software initially designed for network administrators to diagnose Internet problems. Security experts say more sophisticated hackers can even change messages in transit, without the sender or recipient ever knowing.
Carnivore Primer : NIPC, Echelon and Carnivore
It is interesting to note that several global and national monitoring projects that have long been considered an imposition on freedom of speech and movement by many in the American pubic may have been the saving grace of us all. The surveillance projects are Carnivore and Echelon.
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Double Edge Swords...Email and Instant Messaging
Financial Services Professionals should be fully aware of the double-sided sword of email. On the bright side, it is a very useful tool in quick and convenient communications. On the dark side, email can be a rogue form of communication. Its close cousin… Instant Messaging carries the same double-sided sword. It can be a productive tool or our worst cyberspace nightmare. Get the details at Auburn Mountain.
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Errors and Omissions...You Need It Now!
Protection Against Things That Can Go Bump In The Night!
You have heard of malpractice lawsuit against doctors and lawyers. Well, it should not take you by surprise that Financial Services Professionals may be taken to court for malpractices as well. Financial Services Professionals need professional liability insurance for the same reason that doctors and lawyer do i.e. protection against malpractice lawsuits.
If the Financial Services Professional causes financial injury to a consumer or client based on services within their area of expertise, they must be held accountable.
The question is not "Do I need it". The question is "How Much?" GET THE FACTS
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