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Quest’s new executive brief, “Protecting Your Critical Business Data: The Data Loss Prevention Payoff,” showcases the importance of protecting sensitive data that can bring serious trouble to a business, if leaked.
The brief discusses the high cost of losing insecure data, the prevalence of intellectual property theft and how the “leakage” of sensitive data can potentially destroy a business.
With all businesses trying to avoid these potential data loss concerns, a cyber liability insurance policy has never been more important. These types of insurance policies can provide financial support in case a data breach occurs and a business’s sensitive information – including customer data – has been accessed by an intruder.
“Because of the sophistication of today’s cyberattacks, the sheer volume of data, and the spread of so much sensitive data onto insecure devices like smartphones and tablets, small and large companies alike face the threat of data leakage and data theft that can transform in an instant from theoretical to a back-breaking, in-your-face disaster,” says Tim Burke, president and CEO at Quest.