Depending on the scale and severity of a cyberattack and the cost of data recovery, settlements or judgments could easily top six figures. Evaluate your business risk to determine how much cyber liability insurance you need.
Cyber threats like denial-of-service attacks and phishing can hurt your reputation and your bottom line. Follow these steps to protect your business and your clients against cyber crime.
Tech companies are required to notify affected customers after a data breach. Here are a few tips for complying with state laws and avoiding potentially bankrupting expenses.
With the gig economy in full swing, working as an independent contractor can be an attractive option for IT professionals. But the rewards of being your own boss also come with risks. That’s why you should consider errors and omissions insurance for independent contractors.
Repetitive motion injuries and slip-and-fall injuries can happen at any tech company. Keeping yourself and your employees safe at work helps you maintain low workers' comp rates.
In lost revenue and data, the cost of a DDoS attack on your tech business or your client’s business can escalate quickly. In fact, the average small to medium-sized business spends $120,000 per attack.
Unfortunately, no tech business is immune to unexpected catastrophes and high-priced lawsuits. Commercial umbrella insurance protects you from expensive claims that exceed the limits of your liability insurance policies.
When you have vicarious liability for something, it means you could be held legally responsible for any resulting harm even though you didn’t directly cause it. For example, a tech company could be held accountable for the actions of an employee.