The New Insurance Risk. What are the Exposures? What is being Taken?
The Internet has spun a whole new "Web" of liability exposures Creating a website is simple, the exposures that come with are not so straight forward. Whether you mean to or not you are creating a portal for external access into your internal system.
Exposures are continuously Morphing and becoming harder to defend against.
The Risk catergory includes privacy issues and the theft of data, the infringement of intellectual property, virus transmission or any other serious intrusion that may be passed from first to third parties via the Web.
These Instrusions can result in the following exposures
- SQL Infections
- Viruses and Trojans
- Liability from slander /defamation
- Employee error/ rogue employees
- Loss of laptop/ USB drive
The cost to you and your Business in the event of a Breach could be catastrophic Cyber insurance can protect First (you) and Third Party Potential Losses. Ask Genesis how.
If you would like to know more about this product and how it can protect your business, please contact us.
Any advice or recommendation that may have been implied is General Advice only. Please be aware that we have not taken into consideration your needs, objective or financial requirements. Before deciding to purchase a financial product, you should read the Product Disclosure Statement to ensure the product is suitable for your needs.