Cyber Insurance News and Resources
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Every day, more than 1 million people become victims of cyber crime. Cyber criminals look for the weak spots and then attack, no matter how large or small the organization. Unfortunately, organizations mistakenly believe their traditional insurance policies cover them for all privacy/security liability exposures and notification expenses - the unexpected costs can be financially devastating. There are both legal and ethical obligations to inform your customers and the public that their information is at risk, with costs that can be as high as $200 per record for proper notification. Our team has compiled a list of resources and news articles to better prepare you for the threat cyber crime poses to your organization.
Complete this short form for a pricing indication and learn how you can protect your organization, your clients and your reputation.
On May 25, 2018, a new European privacy regulation called The General Data Protection Regulation (GDPR) will come into effect. USA companies need to be prepared for any customers they may have in the EU that request removal of any information stored pertaining to them.