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Digital Technology Exposes Business to Greater Liability
Date:4/2/2008

LAKE SAINT LOUIS, Mo., April 2, 2008 /PRNewswire/ -- As the use of digital technology continues to expand, technology companies are threatened with greater liability for loss associated with unauthorized access, data theft, and even denial of service attacks. Stuckey & Company gives critical professional liability options that offer coverage for cyber liability and network operations security. Their technology insurance program can give both 1st and 3rd party coverage for networks and sensitive data to small firms, who don't typically have access to this type of coverage, at an affordable price.

According to Maggie Hammett, Senior Technology Underwriter at Stuckey & Company, "This coverage is rarely seen in the market. Some companies say they include 'cyber liability' but only give coverage for work that they do for others [3rd party]. At Stuckey, we offer network operations security coverage that's typically labeled cyber liability. Network Operations Security gives coverage for failure to prevent Unauthorized Access to or Unauthorized use of the insured's computer system that results in theft, alteration or destruction of data, hacker attacks against third parties, breach of privacy, denial of service attacks, denial of access and the failure to prevent the transmission of malicious code."

Conducting any type of business over the Internet exposes companies to cyber risk. Whether a company stores confidential information or hosts an informational public website, it could be held liable for unauthorized acts by employees or people outside of the company. Even if you have the newest state-of-the-art equipment and controls, your corporate assets could be at risk. "Traditional liability insurance doesn't typically address the types of risk associated with the Internet or other digital applications," says Hammett. "And many companies don't realize they're not covered from these risks."

Stuckey & Company has taken a proactive approach in devel
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SOURCE Stuckey & Company
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