Cyber was actually the subject of one of my original posts and now the subject has hit the headlines with the recent breach at Target. I was also talking with a customer the other day who received a call regarding his personal credit card after a recent Christmas gift purchase. Fortunately, the company had detected "odd" purchases and after a few questions assured my customer everything would be taken care of.
As far as insurance, Target is liable for "notification" according to statutory requirements and is often estimated at $200 per record. You can see how quickly this expense can mount after an event like the one we've all been reading about!!
Call today to discuss what coverage is right for your business.
As far as insurance, Target is liable for "notification" according to statutory requirements and is often estimated at $200 per record. You can see how quickly this expense can mount after an event like the one we've all been reading about!!
Call today to discuss what coverage is right for your business.
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