If your data is being stolen, does it make a sound? Cyber Security Insurance is a must.

If your data is being stolen, does it make a sound? Cyber Security Insurance is a must

When VeriSign recently reported a series of stealth data breaches,it became clear no organization is immune from these intrusive actions. After all, VeriSign is responsible for delivering visitors to more than half of the world’s websites and was one of the leading providers of SSL Certificates. According to a prominent security consultant, the VeriSign security breach “means that prevention is futile.”

Although VeriSign is a large company, hackers most frequently target smaller businesses. According to a report issued by the U.S. Secret Service and Verizon, 63% of data breaches occur in companies with 100 or fewer employees .  Smaller businesses are the new low hanging fruit.

According to another security consultant, organizations increasingly realize cyber attacks are not a matter of if, but when.  They also realize while risk management is vitally important, cyber security insurance coverage is an absolute must.

Because no amount of preparation can fully protect your firm from a security breach, you can only eliminate the financial implications of a loss by choosing a cyber security insurance policy before one minute from normal strikes.

KMRD reduces the overall cost of risk for clients by producing a greater value for each insurance dollar spent, while utilizing an enterprise risk management approach to engineer the optimal solution. The firm’s diagnostic process is supported by its unique collaborative technology, KMRD XCHANGE ®

We are dedicated to anticipating risk and helping firms recover from unplanned events that wait on the other side of one minute from normal.

To learn more about cyber security insurance, contact us at contactus@kmrdpartners.com before one minute from normal strikes your company.


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