Data breach is a phenomenon every company hates yet we hear about data breaches so frequently. Not only a data breach can financially wreak a havoc on a companies’ finances, it can also seriously damage its public image and goodwill. Who can forget the massive 4 billion dollar data breach cost Epsilon had to pay in 2011 and who can also forget the immense reputation damage Target faced due to its customers’ credit card compromise in late 2013!
So if data breaches are almost inevitable, how can we deal with its aftermath? A solid cyber insurance policy can go a long way in efficiently assessing the given situation and guiding you in the right direction.
To learn more about how Cyber insurance helps with data breach management, read on below ‘Infographic’ created by Cyberpolicy.