CBP updates 301 bond form
New bill proposed to fight fraud in trucking
red-flag fraud, by Andrew Spector, Esq.
identifies cargo theft trends
proposes increase in FMC optional bond rider
Updates on liquidated damages for Periodic Monthly Statement
CBP updates mitigation guidelines for
advance cargo information violations
U.S. government urges companies to
strengthen Internet security
associations ask NHTSA to examine truck crashworthiness
U.S. government urges
companies to strengthen Internet security
Online transactions are estimated at $10
trillion annually and growing, but the risk of using the
Internet to conduct business is rising too, according to the
U.S. Department of Commerce (DOC).
Cybersecurity, Innovation and the Internet Economy, is
part of a broad government effort to fight cyber crime.
Rather than focus on “critical infrastructure” such as
nuclear power plants, the DOC’s report is geared toward
businesses of all sizes that are increasingly subject to
cyber attacks – even small and medium-sized enterprises and
bricks-and-mortar firms with online services.
Internet threats doubled during 2009
and 2010, with about 55,000 new viruses, worms, spyware and
other threats attacking the Internet every day. In its
report, the DOC outlines several tips for businesses,
including implementation of Domain Name System Security,
which ensures that Internet users are actually delivered to
the web addresses they request.
The report recommends the DOC and the
Department of Homeland Security lead the country in
developing a cybersecurity policy. The agencies would create
a national code of conduct through public-private
collaboration that addresses cybersecurity vulnerabilities.
The report also asks Congress to create a law that outlines
a framework for customer notification when electronic
records are breached.
“Our economy depends on the ability of
companies to provide trusted, secure services online,” DOC
Secretary Gary Locke said in a statement. “By increasing the
adoption of standards and best practices, we are working
with the private sector to promote innovation and business
growth, while at the same time better protecting companies
and consumers from hackers and cyber theft.”
most transportation and logistics companies offer Web-based
services, which creates multiple exposures. Avalon offers a
comprehensive Executive Protection program that includes
Internet Liability Insurance to provide coverage for legal
exposures arising out of Internet communications. Coverage
can include e-theft, copyright or trademark infringement,
e-vandalism, destruction of data, privacy notification
expenses, crisis management and more.