A moral tale: The bank, the insurance company, and the ‘missing’ data
By Steve Davis, Marketing Director, NGD
Last week, a well-known insurance firm revealed a report berating business owners for not safeguarding themselves against cyber attack and failing to take out sufficient cyber insurance cover. At the same time, another leading insurer was found to have lost a portable data storage device containing thousands of customer files belonging to a major bank.
As for the first insurance company, sure, cyber data loss insurance is a line of...