The Importance of Proper Cyber Liability Insurance

The Importance of Proper Cyber Liability Insurance
Practically all businesses depend on computer systems for some part, if not all aspects, of the function of their businesses. Therefore, it is critical to have the right cyber liability insurance in place, should a cyber security breach occur. Protect Your Customers You maintain your clients’ sensitive material. Should any information be illegally accessed or ...

3 Ways Big Data Can Improve the Insurance Process

3 Ways Big Data Can Improve the Insurance Process
Big data is a term used to describe large sets of information that can be analyzed to gain insight and understand implications. The insurance industry has been greatly benefited by big data. Insurance big data improves the process in the following ways. Exposes Fraud: When a fraudulent case came to an insurance agent in the ...

Data Breach Insurance Is a Must in E-Commerce

With more and more stories about massive data breaches being published in the news, being uninsured for cyber security attacks is no longer an option for businesses. Data breach insurance helps companies recuperate from a cyber security compromise and covers the financial repercussions, from recovery to litigation. The Basics of Data Breach Coverage Many businesses ...

Protecting Your Business with Data Loss Insurance

Protecting Your Business with Data Loss Insurance
In our increasingly technical world, it is important to insure your data. Whether you are only dealing with your own data or that of someone else, data loss insurance is incredibly important. There are a few different types of data loss scenarios that this type of insurance covers. First Party Response If your secure data ...