Los Angeles, California (pressreleasepower) January 21, 2020 - The Los Angeles technology insurance brokers at MFE Insurance recently released a blog educating readers on the purpose and benefits of cyber liability insurance. Handling sensitive data is a major responsibility, and a breach could be a costly event, so businesses that handle confidential data should consider purchasing a policy.
General liability insurance, contrary to popular belief, does not cover cyber incidents. This is because data is not considered a tangible property, nor does its loss qualify as a physical one. General liability insurance also does not cover regulatory expenses, incident response, extortion, or damages coming from the loss or corruption of electronic data. As a result, it is important to consider whether you can afford the monetary impact of a cyber breach and purchase a comprehensive cyber liability insurance policy if you cannot. A breach can cost hundreds of thousands of dollars to contain, even for small businesses, making insurance a worthwhile investment.
Cyber liability coverage helps you pay for incidents related to data breaches and the loss of important data. It can help you replace or restore data and damaged programs as the result of hack or virus, replace lost income as the result of an attack, pay for a response campaign that includes notifying people affected by the breach, and even pay extortionists who threaten your data. Some policies will also help you pay for cybersecurity and crisis management professionals if you need additional support. Companies of all sizes should consider cyber liability insurance if they collect and store personal information, such as social security numbers; store data on a computer network; advertise your business online; send or receive documents electronically; or communicate with clients via email.
Speak to the cyber liability insurance brokers at MFE Insurance for more information and to acquire a policy. The brokerage's experienced staff can help you choose the right suite of policies for your needs, including cyber liability insurance, to provide you with comprehensive coverage. Call MFE Insurance directly at 213-226-7990 or contact them through the firm's website, https://www.mfeinsurance.com/. MFE Insurance is headquartered at 811 W. 7th Street, Los Angeles, CA 90017 and provides insurance to businesses across the country.
When all is said in done, online business is characterized as the offer of items and services utilizing system associations gave by the web, including...Read More
If you are looking for services which would help you in maintaining your home and your commercial space without doing anything, then going for Rhino...Read More
Go-Forth Pest Control anticipates heavier insect pressure this Spring. This winter has been especially warm and wet. This means homeowners should be p...Read More
What would be a better opportunity to connect with industry experts than getting a chance to interact with them on a personalized one-on-one level? Th...Read More
New York, USA - The long wait is finally over. Gong Cha, manufacturer of the best bubble tea in the world, is opening a new franchise in Brooklyn, New...Read More
StoneFly, Inc. the original innovator of the iSCSI protocol and a recognized leader in the data storage, hyperconverged, and backup and disaster rec...Read More
In the framework of the Industrial Acceleration Plan launched in 2018, the King of Morocco inaugurated the City of Innovation and launched the Agadir ...Read More
Private investment fund providing direct loans to highly promising businesses publishes performance figures over the past three years and initiates ca...Read More
New York, USA - Gong Cha, the best bubble tea manufacturer in the United States and all over the world has now opened a new franchise in the Lotte pla...Read More
Faridabad,Haryana,India – February 11, 2020 Basketor have collection of three thousand imported products from US, UK, Thailand, Taiwan and West ...Read More
Winter is a time when the health of our skin is tested. We often find ourselves itching and battling against dry and dead skin that causes irritation....Read More
With the corona-virus affecting a lot of the stocks in the stock market this makes a good opportunity to get good deals on buying businesses.Cincinnat...Read More
The Big Show Muscat 2020 is a large platform specially organized for networking of global leaders from the building and real estate industry. This is ...Read More
Cannabis Therapy South Africa an established medical cannabis supplier recently announced that their products are now available in Europe and Am...Read More
KIRKLAND, Wash. – Spiders may be as common as grass, but according to Sheila Dean, we shouldn’t overlook them. Spiders are courageous, tenacious a...Read More
Exclusively Electrical Trade Show 2020 brings key suppliers of Electricals & Electronics together to attract buyers from all sectors of the small ...Read More
Singapore, Feb 06, 2020 -- ChainUP Japan Corporation (ChainUP Japan Co., Ltd. Roppongi, Minato-ku, Tokyo) is pleased to announce that it has officiall...Read More
Hackathon competition to find innovative solutions for controlling epidemics like Coronaviruses, SARS, MERS, Ebola, and Zika organized by Somerset, NJ...Read More
In vitro fertilization, most commonly known as IVF is the process of fertilization where the egg is combined with the sperm in an external environm...Read More
05 February 2020, Horw, Switzerland: Toradex worked in collaboration with Amazon Web Services (AWS) and NXP® Semiconductors to create the AI Embedded...Read More
A Busy Mom's Guide for Skin Protection and SkincareAs mothers, we are busy with chores in and around the home, helping with our kids’ homework and p...Read More
11 Feb, 2020
10 Feb, 2020
07 Feb, 2020
06 Feb, 2020
05 Feb, 2020