As companies outsource more and more IT and data processing tasks it's important to consider data security and indemnification for losses resulting from service interruptions or data breaches.
Some insurance products are high quality, but it's still very important to know the details of the coverage and how much the indemnity is worth.
As privacy rules continue to emerge at the state and federal levels, cyberrisk management is becoming a priority for companies to pay attention to. In the past you could argue there was a reputational risk. Now there is a direct cost for these events.
To learn more about cyber risk, please attend our upcoming event on Cyber Risk Management on September 20, 2012 at the Gillespie Conference Center in South Bend, Indiana. Click here to register.
