Surety Bond Quarterly - Winter 2017 - 37

server room could flood. No matter the issue, the ability to recover is
dependent on your disaster recovery
or back up plan.
Your vendors continue to be
a risk to your organization.
Ask vendors the following:
* How do you protect client data? One
of our favorite places to find risky
or sellable data is data exports and
mailing lists sent to outside venders.
They tend to be simple, portable, and
often contain more information than
the vendor needs for the purpose for
which the data is being sent.
* Do you routinely manage, monitor,
and analyze the collection of logs
(including user activity, network
activity, performance data, application activity, and/or flow data) in your
infrastructure? This is important to
monitor the transmission of data to
vendors and to determine the minimum amount necessary for the purpose is transferred to the vendor.
* What is your process to proactively
detect/analyze invalid user access,

or any anomalies in applications or
network traffic in your organization?
* Do you currently conduct security
assessments, such as penetration
tests, on a regular basis, and do you
require your vendors to do the same?
* How do you address any security gaps with vendors that you
might discover?
Ask your executive
team the following:
* Do you know where all your sensitive data resides (paper and electronic)? This includes all employee
information-Social Security numbers, contact information, compensation information, background
check information, etc. and customer
information.
* Do you know which employees have
access to the most sensitive data in
the organization?
* Do you limit/monitor employee
access to sensitive data on a "need
to know" basis?
* Do you require all employees to
receive data privacy and security

We're building surety solutions,
so you can build your business.

training? All employees should
receive training and sign acknowledgments that they attended
the training.
In the end, true security is based on
the ability of the security team and
the executive team to have an honest
and open dialogue. The teams must
be able to discuss security issues,
efforts, and gaps with clarity and absolute transparency. This is only possible
when the executives are willing to follow the two tenets of cybersecurity
described above.
●
Linn F. Freedman is with Robinson+Cole's
Business Litigation Group and chairs its
Data Privacy + Cybersecurity Team. She
can be reached at lfreedman@rc.com
or 401.709.3353.
James Crifasi is Vice President and
Chief Technology Officer of RedZone
Technologies. He can be reached
at jcrifasi@redzonetech.net or
410.897.9494. S.J. Cromwell of RedZone Technologies was a contributing
editor to this article.

Let's have a frank
conversation.

At Frankenmuth Surety, we're not interested in doing things the way they've
always been done. Instead, we work to find value and opportunities where
others don't. As part of Frankenmuth Insurance, a 150-year-old mutual
company, we've earned a rating of "A" (Excellent) from A.M. Best, and we
are certified by the Department of the Treasury for more than $55 million.
Start a conversation about your clients' needs at FrankenmuthSurety.com.

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37
08/08/17 12:38 pm


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Table of Contents for the Digital Edition of Surety Bond Quarterly - Winter 2017

NASBP Upcoming Meetings & Events
2017–2018 Executive Committee
From the CEO: Looking Backward to Reach Forward
Relationships for the Long Run
Subcontractor Default Insurance: Relevant Considerations for the Surety Claims Professional
Bottom Line Protection with Job Cost Accumulation & Allocation
Inside the AIA’s New Insurance and Bonding Contract Exhibit
The Calm After the Storm: Managing Disaster Response Contracts
Practical Tools to Help Jump-Start Your Company’s Cyber Plan
Index to Advertisers
Surety Bond Quarterly - Winter 2017 - Intro
Surety Bond Quarterly - Winter 2017 - cover1
Surety Bond Quarterly - Winter 2017 - cover2
Surety Bond Quarterly - Winter 2017 - 3
Surety Bond Quarterly - Winter 2017 - 4
Surety Bond Quarterly - Winter 2017 - 5
Surety Bond Quarterly - Winter 2017 - 6
Surety Bond Quarterly - Winter 2017 - 2017–2018 Executive Committee
Surety Bond Quarterly - Winter 2017 - 8
Surety Bond Quarterly - Winter 2017 - From the CEO: Looking Backward to Reach Forward
Surety Bond Quarterly - Winter 2017 - 10
Surety Bond Quarterly - Winter 2017 - Relationships for the Long Run
Surety Bond Quarterly - Winter 2017 - 12
Surety Bond Quarterly - Winter 2017 - 13
Surety Bond Quarterly - Winter 2017 - Subcontractor Default Insurance: Relevant Considerations for the Surety Claims Professional
Surety Bond Quarterly - Winter 2017 - 15
Surety Bond Quarterly - Winter 2017 - 16
Surety Bond Quarterly - Winter 2017 - 17
Surety Bond Quarterly - Winter 2017 - 18
Surety Bond Quarterly - Winter 2017 - 19
Surety Bond Quarterly - Winter 2017 - 20
Surety Bond Quarterly - Winter 2017 - 21
Surety Bond Quarterly - Winter 2017 - 22
Surety Bond Quarterly - Winter 2017 - 23
Surety Bond Quarterly - Winter 2017 - 24
Surety Bond Quarterly - Winter 2017 - 25
Surety Bond Quarterly - Winter 2017 - Bottom Line Protection with Job Cost Accumulation & Allocation
Surety Bond Quarterly - Winter 2017 - 27
Surety Bond Quarterly - Winter 2017 - 28
Surety Bond Quarterly - Winter 2017 - 29
Surety Bond Quarterly - Winter 2017 - Inside the AIA’s New Insurance and Bonding Contract Exhibit
Surety Bond Quarterly - Winter 2017 - 31
Surety Bond Quarterly - Winter 2017 - 32
Surety Bond Quarterly - Winter 2017 - The Calm After the Storm: Managing Disaster Response Contracts
Surety Bond Quarterly - Winter 2017 - 34
Surety Bond Quarterly - Winter 2017 - Practical Tools to Help Jump-Start Your Company’s Cyber Plan
Surety Bond Quarterly - Winter 2017 - 36
Surety Bond Quarterly - Winter 2017 - 37
Surety Bond Quarterly - Winter 2017 - Index to Advertisers
Surety Bond Quarterly - Winter 2017 - cover3
Surety Bond Quarterly - Winter 2017 - cover4
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