Despite all of the stories about cyber threats and data breach, many companies still don’t take the threat seriously. If you don’t pay it any mind and skimp out on contacting a data breach insurance broker, it can be damaging to your company. Here is what you need to know about the data breach threat.
Targets of Data Breach
Your business data becomes a target when other parties see it as valuable. Here
- Financial information
- Intellectual property
- IT security data
- Legal information
- Competition information
- Personally identifiable information
This information attracts third parties to your business because they can use it for their own gain or sell it to interested parties.
Protection From Data Breach
Naturally, you want to have protections in place to keep your data safe. You need to control specific files and data. There are solutions to data risk, including encryption and training of employees in the risks. In addition, investing in insurance to protect yourself when
If you’re worried about