Almost every day there are reports of cyber intrusions, attacks, and related security breaches. If your company does not have the right insurance, it could be even more of a disaster. For example, according to regulatory filings, at the time of Target’s cyber breach in 2014, it had about US$100 million in insurance coverage with a $10 million deductible, but that did not even make a dent in the estimated losses of $1 billion. What company can afford not to have insurance for a potential cyber disaster? Let’s look at some protective measures that can be taken to safeguard your business.
The original article can be found here: http://www.ecommercetimes.com/story/81710.html?rss=1
Powered by WPeMatico