Privacy Ref Blog

Do I need cyber insurance?

If you are going to store, access, process and/or transmit any critical or sensitive information on behalf of your organization or a third party then cyber insurance may be recommended.

There are many factors to take into consideration and to review when purchasing cyber insurance including liability, first party sections and expenses/service sections.  These factors will ultimately affect the cost, which may range between $20K to $50K depending on type of services you may include, i.e. forensics and investigations, data recovery and regulatory fines.

Like with any purchase, make sure you do thorough research with your Cyber, Legal, Risk, Insurance and Compliance teams and make sure you are getting ROI in the event that you need to utilize it.

Privacy Ref provides consulting and assessment services to build and improve organizational privacy programs. For more information call Privacy Ref at (888) 470-1528 or email us at info@privacyref.com

Posted on February 9, 2018 by Jen Spencer


« »

No Responses

Comments are closed.


« »

Subscribe to our mailing list

Please fill out the form below.

Required

Want to find out more?

Simply go to the contact page, fill out the form, and someone from Privacy Ref will be in touch with you. You can also send an email to info@privacyref.com or call (888) 470-1528.

News

April 16, 2018

IAPP Training Classes
Privacy Ref is proud to announce that we are an official training partner of the IAPP. You now have the opportunity to learn from one of our knowledgeable privacy professionals using the most respected training content in the industry. The robust interactive training offered, aids in the understanding of critical privacy concepts. The contents of the courses are integral to obtaining your privacy certifications and to educate your new team. Learn more here.

Latest Blog Posts

February 1, 2019

In praise of a privacy compliance program

Opening my newsfeed this morning I was not surprised to find an article about another data breach. Over the coming days I am sure we will discover that the organization's policies were well defined, that training and awareness had taken place, and it was just that the procedures weren't followed by one individual. The skeptic in me would say that if one person isn't following procedures, there are probably others. To prevent situations like these, an organization must establish a privacy compliance regimen. Continue reading this post...

December 19, 2018

Political Campaigns Need Privacy Policies and Training
When I made the transition from working in American Politics to learning about Privacy, the first tidbit of information I was given was that there was a difference in terminology between the American  and the European practice. In America, we use the term Privacy but in Europe they use the term Data Protection. As I continued my journey in “Privacy” and I considered how my new-found training would have impacted my career in politics, I have come to feel that the term data protection is more applicable to the needs of political campaigns. If I were to review the numerous political campaigns that I have managed, marketed, and organized, data protection has always been woefully inadequate throughout them all. Continue reading this post...

Other Recent Posts

PRIVACY REF