{"id":6584,"date":"2013-06-05T15:41:25","date_gmt":"2013-06-05T15:41:25","guid":{"rendered":"https:\/\/delandgibson.com\/?p=6584"},"modified":"2021-07-22T17:56:11","modified_gmt":"2021-07-22T17:56:11","slug":"inc-mag-highlights-cyber-need","status":"publish","type":"post","link":"https:\/\/delandgibson.com\/blog\/2013\/06\/05\/inc-mag-highlights-cyber-need\/","title":{"rendered":"INC Mag Highlights Cyber Need"},"content":{"rendered":"
INC magazine highlights five reasons to purchase cyber liability. The points are all very valid as they answer questions typically asked of a first time buyer. Other aspects to ponder that are not discussed in the article are non-insurance ways to mitigate the risk of a data breach or how to properly handle the situation after a disaster. Disaster recovery, a Written Internet Security Plan (WISP \u2013 part of CMR 17 a law in Massachusetts) and crisis PR are strategies are important to assess and implement PRIOR to a loss. Preparing for these situations ahead of time can lessen the impact to your firm \u2018s value by mitigating the indirect costs such as opportunity costs lost due to a breach. Contact DG to identify and assess these risks to properly manage your firm\u2019s Total Cost of Risk.<\/p>\n