Recently, while discussing with a client the need for Data Breach / Cyber Liability insurance, a business owner made an insightful and impactful statement about protecting his two most important business assets – employees and data. His 328 employees enjoy a robust benefits plan, including health, dental, vision, life insurance, long and short-term disability, access to voluntary coverages and workers’ compensation insurance. This is quite an investment, but not unusual for a business to comprehensively protect the workforce in the event of either a workplace or non-employment related injury or illness.

With employees having network access through multiple entry points, i.e. smartphone, tablet, home computer, and office computer, at a minimum this company has 1,140 access points in addition to thirdparty access that are vulnerable for exploitation. This data was only protected by the usual pro-active, risk prevention methods (passwords, firewalls, etc.) and guarded by his head of IT. He is responsible to secure sensitive information and verify employee access to the network as well as third-parties, keep the software and operating system up to date, ward off / turn back malware attacks, encrypt or properly dispose of sensitive data while coordinating with operations to train employees about appropriate security measures. … Read the entire article by Stephen Paulin.