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New technology solutions require increased technology insurance

New technology solutions require increased technology insurance

Tech industry analysts are using the new year as an opportunity to project the exciting changes and new innovations of 2014. As has been the case for the past several years, the focus around technology is the advancement of mobility, particularly in the business space.Many suspect that 2014 will be the year mobility finally becomes commonplace in corporate culture. An article in the online publication SitePoint says this will be the year of the ...
Expected rise of cloud computing highlights need for technology insurance

Expected rise of cloud computing highlights need for technology insurance

In technology, like in business, if you don't keep up you'll get left behind. Failure to adapt to changing climates has been the death knell of a slew of companies. On the flip side, positioning your business to take advantage of innovations can be an invaluable asset to success. One such opportunity is cloud computing.  Just as with smartphones, we're quickly approaching a time where using offsite servers to store massive amounts of data is ...
With corporate-owned smartphones on the rise, technology insurance remains important

With corporate-owned smartphones on the rise, technology insurance remains important

After months of the market swinging towards a bring-your-own-device model (BYOD), the corporate-owned smartphone seems to be coming back into vogue. According to Strategy Analytics, corporate smartphone purchases have experienced an uptick over the first nine months of 2013. This suggests an underlying shift in the way that companies are evaluating their mobile technology decisions. Total purchases are up 34 percent over a year ago, with 73 million businesses purchasing directly for their employees in ...
Human error underscores need for strong technology insurance

Human error underscores need for strong technology insurance

To err might be human, but not having the right technology insurance in place is one error no business ever wants to make. With more companies becoming reliant on technology, it is increasingly important for those organizations to invest in comprehensive policies. Whether a data breach occurs from human error or from an outside source, a business needs to be able to recover quickly to reassure customers and resume daily operations. Minnesota's new online health insurance exchange ...
Why all industries must be educated on technology insurance

Why all industries must be educated on technology insurance

Technology insurance is a policy that might not be considered by business owners until it is too late. However, research shows that data breaches not only affect all types of companies, but they are not always related to the newest innovations. Verizon's 2013 Data Breach Investigations Report showed that a majority of security issues in the last year happened with point-of-sale devices. Breaches from database servers, backup tapes and documents were much rarer. According to the ...