When a company reports two data breaches in one month, another company reportedly is paying fines for past data breaches, and “the demand for cyber security professional[s] is high and growing” because, “[o]ver the past year cyber exploitation activity has grown more sophisticated, more targeted, and more serious,” it is clear that data breaches are problems that are not going away (see, http://searchsecurity.techtarget.com/news/article/0,289142,sid14_gci1371544,00.html; www.pcworld.com/printable/article/id,173902/printable.html; and www.defensetech.org/archives/005068.html).
Data Breaches Are Not Going Away
Because the costs of data breaches can be so astronomically high, the importance of ensuring that e-commerce and other types of firms have insurance to cover such claims cannot be overstated.
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