Data breach has become a big problem in our Internet-reliant age. As a result APPS has decided that it needs cyber liability insurance coverage. Who knew there was such a thing?
Excerpt:
"While Target fights to recover from the breach and is now paying for free credit monitoring for all of the affected customers, other organizations are looking into the difference that cyber liability insurance could make in case they should ever experience
their own data breaches. Ann Arbor Public Schools has realized that this threat is a real one and that a data breach could be very harmful to them if they were to experience one without this additional security protection."
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