OUT TO LUNCH finds economist and Tulane finance professor Peter Ricchiuti conducting business New Orleans style: over lunch at Commander's Palace restaurant. Each week Peter invites guests from the New Orleans business renaissance to join him. The Wall Street Journal, Forbes, and Inc magazine have all named New Orleans the best city in the USA to be an entrepreneur. Out to Lunch is the cafeteria of the new New Orleans entrepreneurial movement. You can also hear the show on WWNO 89.9FM.
Photo by Rick Lineberger
There are very few things that you pay for every month, and hope that you get nothing back for your money. Except insurance.
Nobody enjoys paying their insurance premium. But you know your insurance agent is right. You need it. Which is where the old classic Frank Crumit song comes from, “There is no one with endurance like the man who sells insurance.” (If you don’t know that song it’s worth clicking on the link.) Even before Frnk Crumit recorded that song, since 1933, Gillis Ellis and Baker have been selling insurance here in New Orleans.
One of the products you can buy from your insurance agent these days is cyber insurance. The President of Gillis Ellis Baker, Anderson Baker, joining Peter Ricchiuti for this edition of Out to Lunch, explains why you need it and how much you might expect to pay for it.
Attorney Geoff Elkins wrote the book on cybersecurity for business. It’s called The Architecture of Cybersecurity. Geoff, an attorney with a certified specialization in privacy protection, is leading the charge in both a local and wider national and international understanding of the legal context of cyber-crime and its twin brother, cyber-security.
If you own a business and you think probably nobody’s going to bother hacking you, well, you might need to rethink that.