An Introductory Guide on Cyber Insurance
The world has gone digital. The traditional ways of conducting business have been replaced with online and more interactive forms. The number of transactions that occur online daily has increased by leaps and bounds. This puts everyone, who is either the sender or receiver of money at the risk of frauds and theft.
Not only financial transactions but the entire reputations of organisations are at stake. The different social media channels are the touchpoints between the customer and the organisation. These touchpoints make it imperative to have well-established security systems in place. While an organisation interacts with its customers or other stakeholders, it collects data about them. Acyber attack can pose a threat to the confidentiality of data.
To tackle these problems, one needs t...