Tuesday, 9 September 2014
The Importance of Cybercrime Insurance to Sunshine Coast Businesses
Since these systems cannot be completely avoided, insurance providers have now began responding by developing policies, which cover the losses associated with cybercrime to your own business and also third party claims for liability from customers and suppliers. While the coverage would be dependent on the nature of the risk and how devastating it is to a business, the existence of cybercrime insurance in the Sunshine Coast is helpful in staving off the possibility of bankruptcy or the results of losing clients due to a compromised system or legal action against you. Sunshine Coast insurance brokers like those from Insuring the Product are known to possess adequate expertise in cybercrime insurance, and working with such companies would help SMEs best ensure they get the right coverage for the type of systems they use and their business exposure to cybercrime.