Cyber Security... and Insurance Episode 26 - Data Breaches and Other Security Risks
Data security and protecting privacy in the information age is a modern day challenge. In this week on "...and Insurance", Aaron Levine - owner of LG insurance, is coming at you with a little bit of information with respect to what's going on in online criminal and negligent activity and how it can affect your livelihood. Business owners all need to be educated and aware that the insurance portion of it is exponentially getting out of control and more challenging.
There is no question that cyber insurance is becoming increasingly important for businesses of all sizes. As the cyber threat landscape continues to evolve, more and more organizations are turning to cyber insurance to help protect themselves against the potentially devastating financial consequences of a cyber attack or other online activity such as data breaches.
In this video, Aaron discusses the different aspects of cyber insurance and why businesses need it. He also provides an overview of the coverage options available and offer advice on how to choose the right policy for your organization.
If you are responsible for managing your company's cyber risk, this video is a must-watch. It will help you understand the basics of cyber insurance and why it is such an important tool in today's business world.