Insurance in the 21st century has become ubiquitous. Whether it’s for your car, house, or even a body part, there is nothing left which can’t be covered by insurance companies. In many instances, it appears to be unnecessary overkill lining the pockets of in-case-stuff-happens conglomerates. However, there are a number of situations where insurance can be the difference between losing everything and maintaining the status quo.
One instance where insurance is rarely considered but equally important relates to technology and cyber security. In the past 5 years, the number of cyber attacks have gone through the roof. Today, almost every company, large and small, employs a team to handle any potential technology issues. Having your website run as efficiently as possible is vital to success in the current marketplace. It’s also important to have someone to call if the worst strikes.
But what happens if your tech hero can’t save the day?
What is the course of action if this dreaded message pops up on your company server and he or she can’t do anything about it? Even the best tech support in the world can be flummoxed by the highly skilled and devious hackers which have become commonplace. Government servers, HBO, big banks, airports and more have all been compromised by various viruses seeking to profit off their valuable information. Unfortunately, this appears to be the new normal. Moving forward, it will only become more important to employ tech experts to combat this new era of cyber crime.
It should be noted that cyber extortion isn’t the only occasion when your tech support could utilize this type of insurance. Every company carries risk and in the litigious society such as the United States, there are a bevy of reasons why you’d want your IT company to have insurance. Business interruption, network disruption, unauthorized access, content injury liability, the list is endless. Technology has afforded business unparalleled advantages to maximize their potential earnings but that doesn’t mean it’s infallible.
That’s why you have the IT team in place to begin with. Assuming your IT company is capable of fixing every issue without disrupting business everytime is a recipe for disaster. Any IT company worth its salt understands this and should have some level of insurance to cover unexpected problems. Hiring an IT company without insurance is like going skydiving without the backup parachute: 90% to 95% of the time the parachute will open and business continues as usual. But in the rare cases you go to pull the cord and nothing happens, you’re toast.
At Skysoft we provide tech support for all your 21st needs to companies of all sizes. We are also insured up to $2 million for any potential problems or issues which cause damage to your company. We are confident that our services will ensure your company runs smoothly and most importantly, profitably. Commerce today runs 24/7, 365 days a year and we understand the importance of being at the top of your game at all times. Check our website to learn more about how we can help you succeed.