Published: 13-Feb- 2017 | | Comments: 0
In today’s marketplace, cybersecurity is no longer just an IT-department issue. It is an enterprise risk issue that must be considered and addressed by the many stakeholders throughout the organization. In Asia, organizations are facing increasingly complex network and security risks. An ever-evolving environment of threats, regulatory reforms, and potential litigation has broadened the spectrum of risk and deepened the potential loss that organizations face in their daily operations.
Network and security liability insurance can fill the gaps in traditional insurance, as well as provide direct loss and liability protection for risks created by the use of technology and data in an organization’s day-to-day operations. These insurance policies are flexible, allowing a customized programme to provide protection for the following key exposures.