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Whether your business operates a website, online store, or simply stores data on a network, you need to consider the dangers of a cyber attack. Hackers are continuing to refine their skills, developing new ways of infiltrating and exploiting online systems and data. Your business needs to utilize tools to keep your systems and data … Read more
Cyber insurance provides robust financial protection to businesses if they incur a data breach, and is an essential part of any plan to mitigate cyber risks, according to a video released by the Insurance Information Institute.* Cyberattacks and losses related to data breaches are the top risks facing businesses, a global survey of company directors … Read more
Cybersecurity insurance, also called cyber liability insurance or cyber insurance, is a contract that an entity can purchase to help reduce the financial risks associated with doing business online.
As businesses become more dependent upon technology, the risk for cyberattacks increase. Not only are cyberattacks costly, they’ve been shown to reduce customers’ trust in the business, potentially costing lost revenue. According to a report by Juniper Research, the worldwide cost of business data breaches could be as high as $5 trillion by 2024! So … Read more