Data insurance policies benefit any organizations or individuals to manage any financial risk in the event of data loss. Data Insurance policies are made available to data owners through various market channels while adhering to insurance industry regulations particular to each policy sales jurisdiction. Due to the dual insurance and information technology nature of Data…
Data Insurance policies are composed of data management technology and insurance financial risk management components to form a specialized product designed to mitigate the financial risk associated with data loss. Data Insurance policies include 4 aspects that make up the policy structure and value proposition, these being Underwriting Backed by respected organizations in the insurance…
The growing use of information technology in society and industry has major repercussions for everyday life. Increasingly sophisticated means of collecting and storing data are not only changing our working lives and social contacts, but also establishing new parameters for industry, trade and commerce. Electronic data is becoming one of the most valuable assets a…