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February 6, 2020

In this issue:

  

  

  
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Cyber Insurance:

Is it right for you?

Amanda J. Dernovshek and Taylor A. Gast

We are frequently asked about insurance policies that cover internet-based risks like those involving network security like data breaches and ransomware, as well as data privacy related risks like class action lawsuits for privacy violations and costs. However, many privacy and security risks arise from simple human error, which can never be eliminated entirely. Therefore, companies have increasingly mitigated these risks with cyber liability insurance...

  

  

  
  

Three Steps to Forming an LLC

Amanda J. Dernovshek

A limited liability company (“LLC”) provides many benefits and protection to its owners. When forming an LLC there are several steps you should take. Below are three key steps to setting up your LLC.

1. File articles of organization with your state

This is a simple legal document that you must file with your state. It informs the state that you are operating an LLC. This document provides the state with basic information including...

   Business Attorney Amanda Dernovshek

Amanda J. Dernovshek

  

  

  

  
  

Gast Discusses "Human Error" in Cybersecurity

Foster Swift cybersecurity and business attorney Taylor Gast was quoted in a recent article for Corp! Magazine on cybersecurity hacks in election campaigns. The article, From hackers to ransomware, governments byte back on cyberattacks, features professionals in the legal, government and data privacy field, giving their unique perspectives on the dangers and solutions surrounding different elements of cyber attacks.

Gast discusses the human element of cybersecurity. Sometimes the culprit of a cyberattack is poor employee training. Learn about ways to counteract the simple, preventable mistakes people make every day...

  

  

  
  

H-lB Visa Application Period on the Horizon

Ryan E. Lamb and Caroline N. Renner

For employers seeking to hire a foreign worker for a “specialty occupation” (generally, a job that requires at least a Bachelor’s degree or its functional equivalent in a particular occupation), an H-1B Employment Visa may be the perfect fit for your hiring needs...

  

  

  
  

Foster Swift Cybersecurity Hotline

Cybersecurity and data protection are issues of increasing concern to businesses and entities of all sizes. Foster Swift's Cybersecurity Hotline will provide callers (businesses, municipalities and other organizations) with quick access to experienced cybersecurity attorneys to assist in controlling potential threats. 

Cybersecurity incidents and data breaches frequently cause significant expense and reputational harm to organizations, involve important legal obligations, and can result in costly lawsuits and regulatory investigations.

Foster Swift attorneys will quickly respond to inquiries regarding data breach concerns, work with your technology team to help mitigate risk, collaborate with your communications team to minimize negative public relations, and keep breach-related costs controlled. For assistance regarding a cybersecurity incident or data breach, dial the Hotline at (517) FS1-TASK or (517) 371-8275.

  

  

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Foster Swift Collins & Smith, PC E-Newsletters are intended for general information for our clients and friends. This newsletter highlights specific areas of law and is not legal advice. The reader should consult an attorney to determine how this information applies to any specific situation.

IRS Circular 230 Notice: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. tax advice contained in this communication is not intended to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed in this communication.

Copyright © 2020 Foster Swift Collins & Smith, PC.

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