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What is Cyber Security Threat

Protection for these security can significantly improve your company's loss in case of a breach or hacking attempt on your system. Cyber insurance coverage, also known as cyber risk insurance, is a risk management product designed to mitigate their risk exposure on the online security breach. These coverage is becoming increasingly popular in the market. 

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Hacker and Cyber Insurance

What is the meaning of hacking?
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Online-security is the practice of protecting computer networks and systems from unauthorized access, use, or disclosure from hacker. There are two main types of online related security: physical security and online-protection. Physical security refers to measures to protect computers and data from unauthorized and illegal access, such as locking cabinets or shredding documents. Online-protection refers to measures taken to protect computer networks and systems from being accessed by malicious actors, such as installing antivirus software or firewalls.
The term "cyber hacking" is derived from the words "cyberspace" and "hacker." Definition of Hacker is a term used for someone who participates in the unauthorized access of a computer system. They are skilled at breaking into computer systems and participate in the unauthorized access of a computer system, typically with the intent to exploit vulnerabilities for personal gain or to cause damage.

Why do cyber security incidents and breaches happen?
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Hacker love the trend of businesses outsourcing their data processing to cloud suppliers or using personal mobile devices to conduct business. The meaning of hacker is someone who uses computers to gain access to unauthorized data. They will sometimes accomplish this by dishing out spam on various platforms. These may include spam on gmail or other businesses. These have become easy targets for hacker attacks and data breaches for sensitive online incident data.
A data breach is a possible danger since data is now in a less protected environment. Statistics prove that information breaches are happening more often, increasing 32% in the healthcare sector, according to a study on individual privacy and data protection by the Ponemon Institute. In addition, 419 information breaches were publicly disclosed in 2011 in the US, according to InformationWeek. A combined of 22.9 million records were exposed, according to a study by the Identity Theft Resource Center. Evidently, online threats are very real.

What Can We Do?
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Companies have started managing risk in seeking coverage of their costs connected to data breaches.

There are a few things you can do to protect yourself from hacker attacks:

  1. Ensure your computer is up-to-date with the latest security file patches and editions.
  2. Train your people and corporate culture to identify security threats. Avoid clicking links from email and ordering from known sources.
  3. Avoid putting test or unknown software on the same network.
  4. Keep your passwords and other personal information secure. Do not use any combination words found in a dictionary or friends' names.
  5. Perform frequent backup and day-to-day routine procedure checks.
  6. Consider getting online protection coverage to cover any damages caused by a hacker attack.

One of the solutions is to get the online protection coverage. Businesses have discovered benefits as these coverage was developed to cover any gap. According to The Betterley Report, An online protection policy generally protects obligation for data violation or loss of data, remediation costs to react to a breach, and legal, regulatory fines and penalties. Therefore, always consider property and coverage for online security.

Can We Eliminate This?
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In this age of constant internet usage, as long as small businesses use computers connecting to the internet, emails, or other purposes, they are vulnerable to cybercrime risks. Once hackers gain access to a business's system, it can result in a security breach that would be costly to replace or restore without these coverage.

What will be the worst the Damage without Cyber attack Insurance?
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The liability section of these policy specifically design to protects the financial losses resulting from data breaches and other online events unlike standard commercial liability policy. Most online protection policies include both first-party and 3rd party coverages.

For most cyber liability coverage, the first-party coverages will pay expenses to the company directly due to the infringement of data. Cost such as notification informing their clients about a possible attack is considered under this category.
Most policy plan should cover third-party liability. The coverage applies to claims against insured individuals or businesses who suffered financial losses due to the breach. For example, the insured failed to act in time.
In such scenarios, a client may sue a business for negligence following a hacker stealing his data from the computer system and releasing it online. They may achieve this by sending spam on gmail. Without these coverage, the company will need to fund the legal bill and pay the cost if found responsible.

Will insurance providers provide the loss of income and additional expenses on cyber attack?
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There are various types of first-party cyber liability coverages and can be subject to deductible.

The policy covers income losses a business suffered and expenses incurred to prevent or decrease the company's shutdown after a computer system fails due to a covered peril.

-Loss or Damage to electronic data coverage

Under these section of the coverage, most will find range involving the cost for a business to replace or restore. Always consider these coverage for better security protection

1) electronic data or
2) programs destroyed or
3) stolen from a data breach,
whether the information belongs to your company or in your care.
Online risk losses result from a covered danger like a hacker attack, a virus, or even a denial service is covered. The hacker usually accomplishes this through spam on Gmail or other public email account. It would sometimes cover the costs of consultants/experts to help recover data.

Cyber Extortion Section of the Program.

This applies when a hacker breaks into a business computer and threatens to commit a nefarious act for ransom. Some act including

hacker threaten to erase data,
introducing a virus,
initiating a denial of service attack,
or disclosing sensitive data

-If you do not pay a specified amount to hacker in time.

The hacker can do this through spam on gmail. The coverage typically will provide an extortion of payment and expenses you incur in responding to a claim made.

Will All online security policy covers Notification Costs?
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Yes, most of these policy covers the costs of notifying parties impacted by a data breach. It can also cover the cost of establishing a call center and supplying credit monitoring services.
An effective online risk management investment should plan for repairing Damage to your reputation.
Some policies can cover the costs you incur to get promotion and public relations to guard your institution's reputation following a data breach. This coverage can be known as Crisis Management. Every Cyber Liability Policy contains specific terms explained in the Definitions section. Talk to a risk specialist regarding the coverage.

Would The Cyber Liability policy Covers Third-Party?
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The liability section afforded by these policies are usually claims-made. Coverage usually applies to damages or settlements that result from covered claims and the cost of your defence. Note that defence costs may also reduce the limit on the policy.

Network Security and Privacy Liability with Cyber Policy
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This feature will cover network or privacy claims against the business. For example, any negligence acts, mistakes or omissions result in a denial of service attack, the introduction of a virus, unauthorized access, or other security breaches of the insured business computer by hacker. It also covers claims alleging that the company failed to properly protect sensitive data stored on their computer system. Even the data may belong to customers, clients, employees or other parties.

Will Electronic Media Liability part of coverage?
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This part of policy protects lawsuits against a business from acts like defamation, slander, copyright infringement, invasion of privacy or domain name infringement. Generally, these acts are only covered if they result from your electronic data publication on the internet.

Will Regulatory Proceedings be part of the coverage?
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Most policy covers fines or penalties imposed on the firm by regulatory agencies overseeing data breach laws. It also covers the cost of hiring an attorney to assist in your response to a regulatory proceeding.

The Bottom Line

The policies will protect your business from claims and expenses resulting from data breaches by hacker. However, each policy is not standardized and may contain unique terminology.
Most policies are flexible enough to choose the coverages you want. I

Which industry has the highest cyber security threat?
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The health care industry has been identified as one of the vulnerable sectors of data breaches. To combat the vulnarability, Insurance product has been designed to defend clients if their info is compromised, most frequently during a data breach.
According to "Data breach notification laws," businesses are liable to pay for the data breach from a cybercrime attack. The law will cost companies financially and legally, especially when they hold sensitive information from its client.
Massive class-action lawsuits and regulatory fines from around the world became synonymous with data breaches. For instance, beneath the FOIP / PIPEDA / Personal Health Information Protection Act, 2004 (PHIPA), a company may face severe fines. Likewise, online security incidents can result in a company violating the privacy and protection rules.

Is cyber protection insurance worth it?
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There is an old saying, "there is never enough protection in life"; however, there is a massive risk transfer advantage with a policy in place. You can transfer some of the risks associated with a data breach. It gives you peace of mind and allows you to focus on recovering from the attack rather than worrying about the financial impact.
The policy also helps you stay compliant with industry regulations. Many regulatory bodies require companies to have these policy as part of their compliance program.
If you're looking for a way to reduce your risk exposure, it is a great option.
Bare in mind that insurance is a risk management product designed to mitigate one's risk exposure. In modern society, especially when there is an upsurge of security breach exposure. It makes financial sense as these cater to offsetting costs involved with recovery after an infringement occurs. The policy can significantly improve a company's loss in case of a breach or hacking attempt on their system. In addition, it helps a company to stay compliant with industry regulations.

Is cyber insurance necessary?
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Unlike some professional where errors and omissions coverage that are required by regulation, the online liability policy isn't necessary for most business. Other means can manage online security, such as training employees on best practices and implementing the right technology solutions. However, these methods do not guarantee success in completely eliminating data breaches.
Therefore, it is a great option to reduce risk exposure. Contact a risk specialist today to learn more about this product and how it can benefit your business.

How does online protection coverage works?
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The policy works by providing coverage for expenses related to a data breach. This includes the costs of notifying individuals whose information has been compromised, forensic investigations, and credit monitoring services. The policy also covers the legal fees associated with defending against lawsuits that may arise due to the breach.
In addition, online protection coverage can help you recover lost revenue resulting from a data breach. This includes costs associated with customer outreach, PR expenses to repair a brand reputation and the cost of hiring additional personnel. The external help allows your IT department to get back up and running at total capacity without needing to work with extra burdens during recovery.

How much online protection coverage should I buy?
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The amount of online protection policy you should buy depends on your business's size and risk profile. A good starting point is to purchase a policy that covers up to a million in liability damages for Canada. This will provide coverage for most data breaches. However, suppose your company handles highly sensitive information or has a large customer base, you may need to purchase a policy that covers up to $50 million in damages.
Contact a risk specialist to learn more about the best coverage for your business.

How much does cyber attack insurance cost?
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The premiums vary depending on your business's size and risk profile. For example, suppose you are hosting servers with sensitive data. In that case, the cost will be high as the technology to filter and fight against cybercrime become complicated. However, suppose your business is involved in emails, posting social media for your own company without taking a credit card from the client. The average premium for a policy that covers up to $1 million in liability damages can be as low as about $500 per year for the low-risk profile. Contact your risk specialist today to get a quote for a tailored program specifically for your business.

Will cyber attack insurance requires an audit for underwriting?
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No, an audit is not typically required for underwriting this product. However, the insurance company may ask to review your company's incident response plan or data security policy as part of the application process.

What are some of the regulatory requirements for cyber insurance?
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Many regulatory bodies and government agencies and larger organization with risk management team will require companies to have a such policy to do business with them.

What is cyber insurance, and what does it generally cover?
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Cyber insurance is one of the fastest-growing areas of the insurance industry. As technology advances, so too does the potential for cyber attacks. You need to be aware of these risks and understand the cyber insurance coverage you need.

Cyber insurance is a relatively new concept in the world of insurance. However, the need for it is clear. In the last decade alone, the number of cyber-attacks has increased significantly. With this increase in cyber-attacks comes a rise in cyber insurance premiums. So what exactly does cyber insurance cover? What does it not cover? In this post, we will look at the ins and outs of cyber insurance. We'll discuss what it covers, what it doesn't cover, and what you can do to protect your business from cyber-attacks.

Cyber insurance is an umbrella term that covers a wide range of online risks. This article will focus on the risk of a data breach; a data breach occurs when a hacker or malicious software accesses your company's sensitive information. Suppose a hacker or malicious software gains access to your data. In that case, committing fraud, identity theft, or even blackmail becomes highly likely.

What is cyber insurance, and why you need it?
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Cybercrime is one of the biggest threats to your business today. It can be very costly, and if you don't have the right cyber insurance policy in place, you could be facing serious consequences. This post will give you a brief overview of cyber insurance and why it's so important for every business owner.

Cyber insurance is a type of liability insurance that protects your business from financial losses caused by hackers. It covers a variety of potential threats, including identity theft, data breaches, malware attacks, and more. It also provides coverage for your business's data, which can be very valuable to you.

Cybercrime is one of the fastest-growing crimes in the world. According to the FBI, the number of reported identity theft incidents has increased by nearly a third over the past five years. As a result, the average cost of stolen identity has risen to $1,200. And yet, only half of the small businesses are insured against cybercrime. So how do you protect your business from online fraud? By getting a cyber insurance policy.

What is cyber attack risks?
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A cyber attack is a malicious attempt to access a computer network or information stored; hackers use various methods to achieve this goal. Cyber attacks are a major threat to businesses today. They can result in huge financial losses, damaged reputations, lost business opportunities, and even loss of life.

Cyber attacks are now a common occurrence. Hackers take advantage of every opening they can find to get into your computer systems and steal your data. If not prepared for an event like this, you're in for a world of pain.

Cyber-attacks have become a serious concern for businesses around the world. The cost of a cyber attack can range from millions to billions of dollars, depending on the institution's size. According to a recent report by the Ponemon Institute, the average cost of a successful cyber attack was $2.9 million!

How would email hacker succeed?
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Recently, statistics show that hackers have gained access to over 100 million emails; it's important to understand the threat that these cyber criminals pose to your business. And while some of the stolen data is personal information, such as addresses, phone numbers, and Social Security numbers, much of the stolen information is financial.

The world is becoming increasingly aware of the danger of email hacking. Hackers can easily steal your data and use it to access your bank accounts, credit cards, and all from your email account.

With more than 2 billion people using email, hackers have a lot of potential victims of their choosing. In fact, in 2014, over 6 million people were victims of a cyber-attack, and the damage was estimated to be around $2B. In addition, a recent survey showed that only 25% of companies had had an email compromise. That's a lot of money and time spent on recovery.

Is cyber insurance required for business?
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Cyber attacks are on the rise, and the cost of a data breach can be devastating. Many small businesses don't know if they have coverage under a business liability policy. They often think that they need to buy a separate policy.

If your business has an online presence, you're likely already aware of the risks and threats that can impact your business. As a result, you're probably wondering whether cyber insurance is necessary for your business. To help you make the right decision, we've compiled a list of the top reasons you should and shouldn't consider getting cyber insurance for your business.

The internet has changed the way that we do business. Gone are the days of waiting for someone to come to your office or home to complete a transaction. Now, you can complete transactions from the comfort of your own home, at any time of the day or night. And, if something goes wrong, you may find yourself completely out of pocket without the protection you need to recover from a cyber attack.

Cyber liability insurance broker
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Cyber liability insurance is a type of insurance that protects you against online legal liabilities. As an owner that works using email or deals with customers online, you must be aware of the legal risks associated with doing so. Avoiding or being ignorant of this could face financial penalties or even be sued for any online legal liabilities.
Always consider the risks of cyber-attacks and the potential damage they can cause, and even lose your business altogether.

A cyber liability insurance broker with in-depth knowledge of cyber security is an important partner and critical for your protection. UW Insure is a veteran in cyber security risk assessment and can help you find the best policy for your company.

Adult Education Centre must have Online Insurance

The availability of such educational resource can be considered a blessing in disguise because students are able to go to school in bed while wearing pajamas. They also get to sleep in and do school at their own comfort. However, many overlook the dangers of online school.

Are online course certificates worth it?
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Online course certificates are valuable! They help you gain highly demanded skills, which can help you get a pay rise or promotion at your job. As well as being well paid, the jobs which require these popular skills are also very secure—and therefore, they are in high demand.

The internet has become a central part of our lives, and for many of us, it's a place where we spend a large proportion of our time. The internet is a great way to learn new skills and knowledge and earn a living doing what you love. If you want to learn a new skill, whether it's a new language, a new piece of software, or a new skill such as digital marketing, you can find many online courses. Here are the pros and cons of taking an online course.

Suppose you're looking for a way to gain valuable skills without going back to school. In that case, online course certificates are the answer. But are they worth it? To help you decide whether or not an online course certificate is right for you, we've put together a quick checklist to help you figure out if you should take one.

Why online courses are important?
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The online course industry is a booming one. According to recent reports, over 2 million people have enrolled in online courses worldwide. This would mean that there are many opportunities for you to earn money by enrolling in online courses and selling your own.

Online courses are important for many reasons. They help you learn new skills that you can use in your job, and they can help you increase your earning potential.

Will online degrees become more legitimate?
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Online course certificates are valuable because they help you gain highly demanded skills. This route can help you get a pay rise or promotion at your job. As well as being well paid, the jobs which require these popular skills are also very sought after. However, many people are skeptical about online courses and whether they are legitimate.

Many people believe that an online course is a waste of time and money and only for people who are not serious about their careers. This thinking is completely wrong. There are many online courses available that are legitimate and can help you achieve your career goals. This post will show you how to choose the best online path to help you achieve your goals.

The internet is a powerful tool for people who want to advance their careers. Online degrees are becoming more and more popular for gaining these skills. In fact, according to a recent study by the University of Oxford, online degrees have become a major part of the UK economy. If you want to learn new skills and make yourself more employable, taking an online course could be great..

Why create an online course?
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If you're planning to create an online course, you'll need to consider many things. For example, you'll need to make sure that the material will be valuable to your audience and that it will deliver what you promise. You'll also want to consider the type of content you'll be creating and how you will make the course as engaging as possible. Finally, you'll need to consider how you'll market the course and the best way to do this.

Most people who create online courses have a genuine passion for their subject. They believe it's important to share their knowledge and experience with others. They want to do this in a way that is effective, engaging and, above all else, fun! If you're looking to make money from your online course, you'll need to make sure that you're offering something that's of value to your target audience. Otherwise, no one will sign up for what you offer.

Where to sell online course?
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If you're looking to start an online course business, plenty of options are available. From eCommerce platforms to social media, there are several ways that you can go about selling your course. The number of platforms available is endless! Do your research first to find out your target audience. Once you know who you want to attract, discover what social media platforms and eCommerce sites they use most. Finally, begin developing a presence in those areas.!

What to do when a student falls victim to a cyberattack?
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As a student, if you fall victim to a cyberattack, you need to tell someone about it, preferably someone older than you. Keep all the evidence that shows you were cyberattacked and report the matter to the nice educational centre administration as fast as possible as the educational centre will know how to assist you.

For the educational centre, it will need to involve their cyber insurance company to help with the matter. This will keep the whole thing from escalating and bringing much more extensive damage. The educational centre can also find the means to protect their students from cyberattacks.

Protecting School data of Adult Educational Centre

What to do when a student falls victim to a cyberattack?
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As a student, if you fall victim to a cyberattack, you need to tell someone about it, preferably someone older than you. Keep all the evidence that shows you were cyberattacked and report the matter to the nice educational centre administration as fast as possible as the educational centre will know how to assist you.

For the educational centre, it will need to involve their cyber insurance company to help with the matter. This will keep the whole thing from escalating and bringing much more extensive damage. The educational centre can also find the means to protect their students from cyberattacks.

How Online Insurance Protects Educational Centre?
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The risk of someone incurring data breaches or being a victim of cybercrimes is very high in today’s world. Due to this, educational Centre, businesses, and even individuals suffer a lot once they experience any of these. Cyber insurance can help cover any liabilities caused by data breaches. This article will provide you with more information about the matter.

Why Would An Educational Centre need online insurance?
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To reduce cyber attacks Cyber security insurance makes sure that the educational centre network is of high quality. Due to this, they help reduce the cases of cyberattacks that may affect the productivity of the educational centre.

Protect data theft Cybersecurity insurance helps recover any data stolen from the school and thus, improves the educational centre's cybersecurity. The insurance works fast to make sure that the information stolen does not affect the concerned peoples.

For legal purposes, Data breaches can lead to those involved suing the educational centre; cybersecurity insurance helps handle any legal fees incurred in the whole process. This way, the educational centre does not have to spend any money on compensation.

Protect the reputation of the schoolCybersecurity insurance handles all cyberattacks privately without involving any outsiders. This is good for your school as no information can be leaked to the media and therefore, cannot destroy the reputation you have.

What are the Consequences of no cyber insurance for educational centre?
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Lack of cyber insurance for your educational centre could lead to you getting entangled with so many lawsuits, damaging your school’s reputation. It is also possible for the students and staff to be exposed to danger as their personal information is revealed to the wrong people. People lose trust in your school when you get attacked, mainly by cybercriminals, because they start to question your credibility.

For example, if someone hacks a student’s data and information, the student is put in danger. The student’s family can sue the educational centre for not protecting the information of their loved one. This can lead to the educational centre being asked for considerable compensation. Without cyber insurance, the compensation will have to come from the educational centre finances, bringing a setback to the educational centre's financial stability.

How Cyber Insurance protects school boards, privacy and school program?
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Online learning is the way of studying right now due to the Covid-19 pandemic that requires some protocols to be followed. Educational centre use different tools to ensure that students learn. These tools are preliminary computers and laptops, which are prone to cyber breaches and crimes. Cyber insurance does play a crucial role in protecting educational centre from different cyberattacks. These are the things cyber insurance protects:

An excellent example of how cyber insurance is vital is when credit card numbers fall into the wrong hands. Suppose a cybercriminal gets ahold of a student’s or customer’s credit card number. In that case, they may use it for the wrong purposes. The moment you notice the breach, the cyber insurance policy will help cover the damage made, inform the person involved in the breach, and recover the data as soon as possible.

How do you protect Reputation of the Adult Educational Centre
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Credibility is something every student and parent expects from a educational centre. The moment data breaches get exposed to the public, it makes people focus on how unreliable your educational centre is. Cyber insurance helps protect the reputation of the educational centre by handling such things internally.

Digital Records: Cyber insurance helps protect students’ confidential information from being used against their will. This is because they act fast when there has been a breach in the student’s records as they recover the documents.

Liabilities: Cyberattacks on educational centre can bring liabilities. These liabilities are costly, and this is why cyber insurance exists. It helps protect your educational centre from dealing with liabilities that may cost them more than what they initially would have been cost.

Teaching and learning time: In case of any data breach or threat, students may have difficulty logging onto online classes. Cyber insurance protects the computer systems used by students and solves any data breach disruptions as fast as possible. This enables learning to go on without any issues.

GDPR Insurance in Canada - What Do You Need?

The General Data Protection Regulation (GDPR) impact is very disruptive for many Canadian online and offline businesses. GDPR, also known as The General Data Protection Regulation, produces a single personal privacy law throughout the European Union (EU).

What is the impact of GDPR law on Canadian companies? Does GDPR apply to Canada?
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If you provide goods or services to or gather data about an EU citizen, this law applies to you. Furthermore, the law is applicable irrespective of where your company is based or charging fees from the website.
The law doesn't just apply to EU organizations, but all organizations globally touch EU citizens' data. As a company in Canada, you must be honest and open regarding how you are utilizing such information. Moreover, you must reveal why you gather data and get consent before collecting any such information. Finally, you must report the infraction within 72 hours to the authority if a breach happens.

Under what circumstances is a Canadian Firm Considered a Violation of GDPR law?
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In most situations, any failure to explain and get consent for collecting data or data breach of information belonging to an EU citizen will be considered a violation of the law. There will be consequences, and the law is complex and challenging to handle. Our team is here to help you understand how to comply with GDPR and help respond to violations

What is data protection authority?
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A data protection authority is an organization that controls personal data in a country. In the EU, this includes the European Commission (EC), the European Data Protection Supervisor (EDPS) and the national supervisory authorities. The GDPR defines the term "personal data" as "any information relating to an identified or identifiable natural person ('data subject'). It is a person who can be identified, directly or indirectly. It also refers to an identification number or one or more factors specific to the person's physical, physiological, mental, economic, cultural or social identity." The Data Protection Authority can fine or even shut down a business if they do not comply with data protection regulations. However, the law is tough for small businesses to know what they're legally allowed to do, as it has changed many times. Even large companies struggle to keep up with the changes and sometimes make mistakes that result in fines.

How Would A Company Protect Themselves and prepare for GDPR?
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Some comprehensive cyber insurance policies may cover security failures and data breaches involving EU citizens' private information. Our insurance policy will respond by paying breach response costs, claim expenses, and any resulting damages. Similarly, the insurer policy responds by delivering on your behalf claim expenditures and regulatory penalties from a regulative proceeding arising from a security failure or data breach, including any alleged violation of GDPR.

Some insurers offer enhanced GDPR coverage to all policies by endorsement. As a result, the company will have a policy covering additional claims from GDPR that are not due to security failure or data breach. These violations, such as

-failure to abide by GDPR and privacy policy,

- concerns prohibition or restriction regarding disclosure,

- sharing or selling of individual information or the insured's policy

- concerning access to personal information or

- to amend or change personal data after the person makes a demand,

All of these could result in GDPR fines and penalties.

What product protects against the GDPR lawsuit? Are GDPR fines insurable?
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If you do business worldwide, you need to consider the rule on data collection of EU customers. Cyber insurance is essential to protect your business against data breaches.

Apart from having cyber insurance, a company needs to have a Cybersecurity platform that:

  • Has with 24/7 tracking,
  • Automated security alerts,
  • Proper Staff training,
  • Access to security experts

Our company will offer the above platform on top of the conventional insurance protection to our client through the cyber insurance product. It prevents cyber incidents before they occur.

Consider our cyber security & insurance package to keep your business safe. The solution is considered the best for a company to handle cyber risk. We protect the value of your entire business, including financial, intangible and tangible damage, with up to 20 Million of the most comprehensive cyber insurance. Fines and penalties arising from GDPR not caused by any data breach can be cover as additional options of insurance.

Don't just protect your network. Protect your business?
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We provide a complete suite of security applications. The package will include:

- 24/7 safety tracking,

- automated risk and intelligence alerts,

- security benchmarking,

- DDoS mitigation,

- Ransomware security defence,

- staff member training,

- software patch update reminders to your organization

- and more

All the above features are available to customers with the insurance policy package at no additional cost.

What are the Data Protection Authority Responsibility
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1. Protecting individuals against misuse or interference with personal data held about them;
2. Ensuring that organizations comply with their legal obligations to their processing of personal data.

What is the penalty for violation of GDPR?
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Failure to abide by GDPR can be a very costly proposition. The penalties are assessed at 4% of a company's global revenue for the whole year, or 20 million euros (whichever is higher).

What are the 4 principles under GSPR?
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1. Data shall be processed lawfully, fairly and transparently
2. Data shall be adequate, relevant and not excessive
3. Data shall be kept secure
4. Data subjects have rights