Last year, South Africa had the third highest number of cybercrime victims in the world resulting in losses ofIn a world of data breaches and hacks, cyber security is important for everyone with an online presence, more so for businesses with the responsibility to protect customers.
The question is, who protects the businesses? This is why cybercrime insurance is a vital part of making any business future fit.says, “With the world changing in the way it is, it is important that companies stay ready for what lies ahead. One great advantage of having cyber insurance is that it enables a business to bounce back from specified business interruptions and financial losses incurred as a result of cybercrime.
Liability for loss of data and its consequences by deliberate, dishonest, negligent, and fraudulent means.Loss or damage caused by failures or computer malfunction.Loss of intellectual property, reputation, and business opportunities. It is important that clients understand the terms and conditions of their cyber cover, which includes details on what is covered, up to what limits and what is excluded.
Knowledge is power when it comes to matters of cyber security. Equip yourself as a business and protect and empower your people with the peace of mind that comes from cyber insurance.
I can offer Cyber security. In the times of today you need to know how to do it or know someone who can.
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Source: TheSAnews - 🏆 25. / 59 Read more »