While
this is the best age to be alive in and definitely be doing business, it also
is the age of greatest vulnerability. In times pasts, business owners had to
worry about physically protecting their business from theft. These days, we
hear of cyber threats and cyber security. If you are still in doubt on whether
your business needs cyber insurance, you should take a closer look at what is
happening in the world today.
Few
weeks ago, the world was awoken to the suspected Russian hack of the Democratic
National Committee. This doesn’t even take into account the hack
of Ukraine’s power plant or the recent email hack of US Democratic candidate,
Hilary Clinton. If there is one thing all of the above mentioned reports have
in common, is the fact that each one of them had the resources at their
disposal to provide their information. Yet, they still fall prey to the menace
of cyber threats.
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