Cyber Risk Management includes the utilization of organizational strategies to preserve the integrity of information and corporate intangible assets.
As businesses continue to turn to virtual organizations, connected information systems, and outsourcing (offsite hosting/storage, contract employees, etc.) to drive business strategy, these new ways of doing business increases the vulnerabilities to corporate assets.
When a corporate network, connected to the outside world, becomes compromised, the resulting damage can be tremendous, in today’s networking world, damages and security breaches to one computer can potentially lead to meaningful financial losses throughout an entire networking community.
What will happen if your computer network goes down or is compromised? What will be the consequences? Have you considered the additional effects of losses to your network that could be incurred down the line? You are the only one whom can answer these questions in regards to your worst case scenarios.
The overall risk management efforts of a company must proactively address these vulnerabilities and scenarios. We at INSUREtrust ask these questions in order to assist you in developing and evaluating your responses to these difficult situations and help to create efficient solutions.
The Business Case for Cyber Liability Coverage
A company’s networks carry a unique loss potential. The potential exists for hackers/crackers, viruses and malicious code to cause damage throughout the entire virtual enterprise. The damage to your own computer system can also have a dramatic impact on your corporate stakeholders… Read the complete article.
The Common Cyber Risks to your Business
The need for cyber liability insurance to cover technology, digital data and computer hacker risks… Read the complete article.
Type of Losses
This is a quick summary of recent, actual losses that have occurred… Read the complete article.