In today’s world, everyone is online. Believe it or not, most children under the age of 25 will never know what it is like to live in a time where there was no Internet. It’s amazing to think about. The world of the Internet has not only changed the way people operate, but it has changed the way the business world operates too.
Having a business online means there are many different types of risks and threats to worry about. A traditional brick-and-mortar store owner needs to worry about someone throwing a brick through their window or vandalizing their sign, whereas an online business owner needs to worry about their hard drive crashing, copyright infringement, or encountering a hacker that steals all their data.
How do business owners protect their online businesses?
Standard business insurance policies won’t provide the exact protection that an operating internet-based business needs, but information technology liability insurance can.
For example, what if an employee places a copyrighted image on your homepage without the owner’s consent? Or what if someone hacks into your website and makes it no longer operable? In both of these instances, information technology liability insurance will come into play.
Here is what information technology liability insurance can provide protection against:
Hacking and cyber liability
Denial of service attacks
Data breach and data loss
How to keep your insurance up to date
The online world is a new world that is ever evolving. As an online business owner, it’s important to stay up-to-date with the most recent risks to your business and make sure that you are protected.
It takes a lot of work to put a business together and to make it successful. Talk with your insurance agent (844-272-3420) and double-check that your policy includes protection for threats to your online business.
About Ryan Ruffcorn
Ryan grew up in Keokuk, graduated from Keokuk Senior High, and started his agency in Keokuk from scratch in 2003 after having worked for one of the largest international accounting firms, KPMG, LLP.
Ryan is hardworking; his loyal and trustworthy character is exemplified by the way he does business. He thoroughly enjoys helping clients through the insurance buying process to secure coverage for their most valuable assets.