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How cyber insurance might ease your (network) insecurity
By Kim Komando. Microsoft Business
Could a virus cripple your PC network? If so, do you have enough cash reserves to make up for the downtime? What happens if the company you use to authorize credit card purchases goes belly up? Are you covered for lost revenue until you find a new company?
If you can't answer any of these questions, it may be the right time to call your insurance broker or agent and ask about cyber insurance. That's a catch-all term for policies that cover hacked computers, virus attacks, denial-of-service attacks, copyright infringement, Web content liability and other technology-related areas.
Cyber insurance also goes by e-commerce, e-business, information security, cyber risk, network security, or hackers insurance. For the sake of this article, I'll refer to it all as cyber insurance.