It is no surprise that cyber-crime continues to grow, sometimes outpacing the security mechanisms in place for some of the largest brands in the world. Cyber security is top of mind for companies both big and small. The variety of attacks can span from data breaches to personal information to cyber-attacks on the network that can incur significant losses for companies. Many organizations today are investing in cyber insurance or cyber liability insurance as an option to protect against those losses incurred from a cyber-attack. But what do you need to qualify for cyber insurance?
One particular qualification is something many organizations might find as a surprise, which is off-site backups. While recovery is of course the highest priority for companies, surprisingly some organizations might have lost the significance and practice of off-site backups. Cyber insurance companies are making off-site backups a criteria for qualifying for their cyber liability insurance policies. Off-site copies provide the added data protection often needed at the time when an attack occurs. Off-site copies allow companies to restore if a site attack occurs, and same site recovery measures are unable to provide the recovery needed. Recovery sites can be affected by the same cyber-attack as well.
Off-site data protection is key for today’s cyber world. Protecting the intellectual property and personal data of companies is paramount for every digital platform in today’s economy. Losses can be significant, so the demand for cyber insurance has continued to only keep climbing. Do you have off-site backups? If not, you should consider an easy and unintrusive solution that would work with your existing backup infrastructure like FalconStor StorSafe VTL!
