See User Rights in Context

Many companies often underestimate the threat from organized cybercriminals and industrial espionage. Even risks that may arise from its own employees, have little presence.

Firewalls and perimeter security are now outdated in the distributed nature of many enterprise networks, in principle. New approaches, such as the Identity Relationship Management (IRM) can be a way out.

Hardly a day on which the press cannot report a blatant attack on the data security or cyber-attacks. One event after another: meetings may each. Recent cases like the pecking of Lufthansa Miles accounts of frequent flyers or bonus card users have brought clear once again into consciousness.

Many companies often underestimate the growing threat posed by organized crime and cyber economic espionage. Even the risks that may arise from its own employees, are not sufficiently present. Loss of data, the restoration costs, additional working hours and earnings and sales shortfalls pull cost billions of dollars by themselves. But the damage caused by industrial espionage calculates the VDI annually to approximately 100 billion euros. Is it any wonder that the data security is generally doubted, and consumers concerned remembers their past credit card purchases?

Including loss of confidence

Any breach of the data identity always attracts a loss of confidence in the trade mark concerned after themselves, not to mention the damaged customer confidence in the company and in the system in general. Both are extremely difficult to predict and may at worst jeopardize the economic survival of the company, or at least severely impair. Companies that react too late after an incident, have to reckon with substantial fines under certain circumstances. European companies are pressed for time when it comes to a proposal by the European Union for the end of 2015 the introduction of a General Data Protection Regulation (General Data Protection Regulation, GDPR) is, according to which uniform rules for the processing of personal data by private companies should be EU-wide.

Cyber Insurance mitigate damage

Safety awareness is strengthened

Policies against cyber-attacks that already have several insurers offer, have several positive effects for companies.

"Insurance against cyber-attacks are becoming increasingly popular for German companies. Several reputable insurers have appropriate policies already on offer. This is due to the increasing number of serious security breaches around the world that make headlines again. With the so-called cyber-insurance companies can reduce the impact on their business - an already widespread overseas action to protect with security incidents.

Protection from what?

With the appropriate insurance, companies do not protect against the occurrence of security breaches, but their consequences. Absolute security does not exist, as determined threat author always looking for new ways to break into networks and stealing data.