More and more enterprises engaged daily with e-business or maintain databases of their customers' personal information. Leakage or loss of such data can have devastating effects on business as:
- Public liability to third parties
- Interruption of the company’s functioning
- Defamation etc.
Although many companies believe their systems are invulnerable, that they have taken all the necessary protection measures, in fact, cyber attacks against high-security organizations in various countries show that nothing is invincible.
The laws on sensitive corporate or personal data are becoming increasingly stringent.
The financial protection, but also reputation, is a priority for every business.
Insurances for Internet-security risks come about exactly so as to protect the businesses, allowing them to seamlessly continue their operation by covering the effects of electronic and Internet related risks.
