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Tag: Cyber Liability Insurance

The Growing Importance Of Cyber Liability Insurance

The Growing Importance Of Cyber Liability Insurance

In the 21st Century, technology is vital to conducting business. However, the same technology your business relies on can also leave it vulnerable to costly security threats. Cybercrime is big business and becoming increasingly more sophisticated with advances in technology. No one is safe from cybercrime – not individuals, not small businesses, not even the largest corporations. Cyber liability insurance can help protect your business...

Prevent Cyber Crime From Happening To Your Business

Prevent Cyber Crime From Happening To Your Business

As a business person, you are concerned with making your business immune to cybercrime exposure, and with good reason. According to an article on CNBC, cybercrime cost the global economy $450 billion in 2016. Prevention is your best line of defense against cyber criminals. You will want an IT security expert to assess your company's current vulnerabilities and needs. In addition, there are certain universal...

Are You Liable For A Cyber Attack?

Are You Liable For A Cyber Attack?

As more and more aspects of business are carried out and stored using the internet and cloud-based technologies, potentially sensitive information becomes more vulnerable to the threat of cyber attacks and security breaches that take place electronically. Such attacks can be costly, both immediately and in the long term, and unless you specifically have a cyber liability insurance plan, your enterprise could be forced to...