Do you know that each year companies in around the world lose million dollars in computer crimes and breaks in computer safety? These offences consist of stolen data, obliteration of data or networks, internet access mistreatment, viruses, spoofing and system diffusion by strangers. There are also dynamic financial frauds and so on. The majority of the people that steal data or hack information are normal people who are occasionally stimulated by challenge to break a system. Even though there are nowadays firewalls to keep data from being stolen or obliterated, computer safety is inadequate yet.

My Comment:

 So, I think that there is a vital require for “Hacking Insurance”. This is significant to stop companies to go in financial damages. Particularly in e-commerce business that computers are the essential tools or devices in business or sales, every company it is vital to uphold safety insurance because hacking activity is out of control these days.

There is quite a lot of insurance existing today for protection. Though, customary insurance policies are inadequate for the cyber crimes and damages that caused by computers. Cyber danger treatment is not often presented. Traditional insurance do not distinguish defeat in business because computer offences complete by hackers.

 There are quite a lot of benefits in having a hacking insurance. Today insurance companies begin to recognize and know the effect of technology on businesses. They can open up and expand their treatment to online businesses or e-commerce dangers and risks.

 Many Companies encountered with many crimes in e-commerce world in recent years such as viruses, theft, breach of copyright and trademark, obliteration of data. These companies prepared rewards for those can catch hackers. Then, a lot of insurance companies are appeared with e-commerce protection sets.

My Comment:

In my opinion by hacking insurance, the business is protected from harm by hackers. Because data of the company is one of factors in competition in the business world, it is not good for the company that its data stolen. This is the reason that we see that many insurance companies are now presenting products protection against viruses or network problems. I advise Hacking insurance because it is a very effective tool to have the internet safety. Cyber insurance products are now prepare safe e-businesses. Then go and use those for your e-commerce safety.

Reference: http://ezinearticles.com/?Hacker-Insurance-For-E-Commerce-Business&id=395280