As a business, you are probably aware of the term, cyber insurance. With the cybercrime rates rising consistently, cyber insurance is increasingly becoming a necessity for survival. Here are a few things to consider before you sign up with a cyber insurance service provider.
Cyber insurance covers a range of elements, the most basic being the legal expenses incurred as a result of falling victim to cybercrime. This includes legal fees, expenses, and even any fines that you may have to pay or financial settlements that have to make with your customers or third parties who have been affected as a result of the incident. Apart from this, depending on the coverage you opt for, your cyber insurance may cover the following.
There are many advantages to SaaS over the license model including stronger data security and better upgrade management. But one area that can be overlooked is the saving it labor and infrastructure that disappears with the SaaS model.
There are significant advantages to SaaS because it eliminates labor, hardware, infrastructure, and utility expenses.
One of the really great features of SaaS is that this model offers some really great security advantages. These security advantages can help lower your risk level against data breaches and protect your client’s data. Anything that increases your data security has real value, not only because it can avoid business disruption, but it helps shield you from an areas of worrisome liabilities.
Software-as-a-Service (SaaS) is the notion that instead of licensing the use of software, and essentially owning it, with all the accompanying requirement to support it on your own hardware, you subscribe to it while it operates on vendor supported hardware. Since SaaS replaces the traditional license model, we need to define the “license model.”
Wondering exactly what Software-as-a-Service is and whether it is appropriate for your business or organization? Because it differs from the software model that we’ve become accustomed to since the 1980s when affordable computing power could sit on your desk, it could be that transitioning to software in the cloud may be worrisome to business people.
Bring Your Own Device, or BYOD, to work was an idea a few years ago that is becoming a reality very fast. To use your personal smartphone, tablet or laptop for work seems increasingly natural. Employees are embracing this concept without any serious reservations. As more and more business activity becomes technology driven, to have electronic gadgets right by your side all the time make sense. According to a survey conducted by Logicalis about 75% of employees in high growth markets such as Brazil and Russia and 44% in developed markets bring their own devices to work.
More people today use personal mobile devices like smartphones and tablets for business purposes. Such devices, coupled with greater Wi-Fi accessibility and cloud services, have empowered us with the ability to access data and do business from practically anywhere at anytime.
Needless to say, many small-to-medium sized business owners have embraced the BYOD (Bring-Your-Own-Device) revolution. The benefits are obvious; increased employee productivity, enhanced services to customers/clients, and better overall customer and employee satisfaction.
But what about the potential consequences associated with this mobility revolution? Are small business owners doing enough preemptive planning to address potential risks that could arise with the use of BYOD devices?
A recent article by The Guardian (UK) states that the cloud industry is set to see a growth of around 30% soon. But many small and medium business owners are still struggling to make sense of the cloud and how it can benefit them. If you are one of them, then here’s what’s in store for you when you migrate to the cloud:
8306 Wilshire Blvd., #301
Beverly Hills, CA 90211
P: (310) 853-8006