Clients could accuse your tech company of professional negligence if you fail to provide a service or meet their expectations.
The scope of almost any software development project is bound to change over the course of implementation. How you manage this inevitable "project scope creep" can mean the difference between success and failure.
Large client contracts often require high errors and omissions insurance limits. But can you raise or lower your limits when you land a big contract, or if you're working on smaller projects? Here’s the lowdown on adjusting your errors and omissions policy limit.
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.
What happens if a client sues you, claiming that you made a mistake that hurt their business? Professional liability insurance, also called errors and omissions insurance, protects consultants from costly lawsuits over work mistakes.
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.