https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/1817/CYBERSECURITY-OPPORTUNITIES-FOR-AGENTS/
... risk assessment. If you don't have knowledge and expertise in any aspect of CyberSecurity TRM, get professional assistance. For example, cyber-risk assessment must include network vulnerability and intrusion detection technology applied by specialists. Some insurers, and a number of network security companies, perform cyber risk assessment. Once the assessment is complete and all exposures have been identified, the next phase is to implement mitigation protection' measures that reduce or eliminate the risk. Mitigation protection combines technology with policy and process measures that address internal people issues more than hardware ... what role insurance agents can play in addressing these risks. &# 160 Federal funding for CyberSecurity is important to insurance agents for a number of reasons. Before discussing these reasons, let's define CyberSecurity as any product or action that attempts to secure a wired or wireless network. These networks encompass a wide range of communication infrastructures, including wired and wireless internal office networks, external private networks, traditional public networks, the Internet, and the various networks used by local, state, and federal governments. Among the various CyberSecurity products ... cyber risk. So it's wise to carefully consider all options in choosing an insurer and its cyber-risk policies. Coverages can range from Web Content Liability only, to include Professional Errors & Omissions, Network Security Liability, Cyber Extortion, Network Intangible Information Loss, Network Business Interruption, and funds for cyber-criminals and crisis communication. The federal government expects private and public enterprises to increase protective measures against a rising tide of cyber attacks over the next several years. As an insurance professional, you're in a position to assist your Commercial Lines clients ...