Increasing Need for Cyber Insurance

Storing data, whether customer or proprietary, is a key part of any organization. As the reliance upon computers and networking has become essential for businesses to remain competitive, it comes with a new set of challenges. Providing advanced internal and external security controls is now a minimum expectancy for data security. However, no system or network will ever be completely invulnerable. Because of this, businesses must be prepared in the event of a data breach. Insurance is a common necessity for any organization, to ensure their survival if a disaster were to occur. With the growing threat of cyberattacks against businesses, the need for cyber liability insurance is quickly becoming a requirement. Read the full post from our colleagues at RKL eSolutions…