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PwC releases new videos to help combat cyberthreats

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Many small businesses struggle with operating in cyberspace due to the challenges associated with cloud computing and mobile workforces, among other innovations that pose new cyberthreats.

Making it easier for these businesses to deal with cyberthreats, PricewaterhouseCoopers US recently released the latest installment to its Cyber Security Video Series on PwC.com, with videos titled “Credit cards and security,” “Is the cloud safe?” and “The challenge of mobility.”

“In the event of a breach, companies must be agile and move quickly to address it, correct it and move past it,” said Gary Loveland, principal and leader of PwC’s Global Security Practice. “Companies who adopt a robust risk management culture and prepare early on will be best suited to deal successfully with a data breach.”

The videos address the risks associated with each aspect of new technology, and discuss how companies can protect themselves from cybercriminals.

Businesses can also protect themselves from these types of cyberthreats by investing in cyber liability insurance, which gives business owners monetary protection the event of a data breach or any other computer hacking issue that leads to the loss of customer data.

 

General Liability Insurance

What Is General Liability Insurance? Commercial General Liability Insurance protects small-business owners from claims of injury, property damage, and negligence related to their business activities.

Workers’ Compensation

What Is Workers’ Compensation Insurance? Workers’ compensation insurance covers your employees’ medical expenses and at least some portion of their lost wages if they are injured on the job.

Business Owners Policy

What Is a Business Owners Policy? A BOP is simply bundled insurance designed to provide essential coverage to certain business owners at a competitive price. A BOP insurance coverage includes

Professional Liability Insurance

Professional liability insurance also called , errors and omissions insurance (E&O; insurance), protects you if a client claims that your services caused them to suffer a financial loss. While general liability insurance is primarily focused on property damage or bodily injury,

Disability Benefits Insurance

Employers in New York State are obligated to offer disability benefits insurance to their employees. This coverage is specifically designed to provide financial assistance in the event of off-the-job injuries or illnesses.



Business Umbrella Insurance

Without Business Umbrella Insurance (also sometimes called Umbrella Liability Insurance or Excess Liability Insurance ), you would have to pay the uncovered expenses out-of-pocket. Even if you carry General Liability Insurance for your business, without business umbrellainsurance you might face a repair, settlement, or judgment in excess of your coverage limit.

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