Data security is a growing issue, and, while eclipsed recently by Year 2000 concerns, is still a very real and growing threat. New forms are being offered to cover:
Most of these specialty products require a security audit, which assists you in your risk management as well as providing the necessary underwriting and loss control information to price the coverage.
Data Security - just a few more facts
Recent studies show that almost half of all data security breaches result from lost or stolen laptops, with the average cost per record of almost $200. With new privacy legislation facing Massachusetts, review of your security and insurance funding for breaches is wise.
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