PRLog (Press Release)– Apr 25, 2011– During a Lunch and Learn event on April 13, 2011, TechStructures, LLC and event partner Swimmer Insurance educated guests about the currently widespread issue of cyber liability. Held at Dressler's Restaurant in the Metropolitan Building, the event coordinated a panel of experts, consisting of Andrew Birch, the Vice President of Service Delivery at TechStructures, and Matt Davis, a Representative from Philadelphia Insurance, to address the dangers that best rc helicopter buy sell market place companies face as they incorporate a higher level of technology into their business model. Moderated by George Hamm, the Vice President of Business Development at TechStructures, the discussion centered around how cyber liability and exposure is manifested in the workplace and how insurance can assist with the high cost of a security breach.
Sensitive information is collected by many of the devices that companies currently rely on, including computers, copiers, scanners, fax machines, printers, and smart phones. If not properly protected, the data stored on these electronic devices can be stolen, lost, or even illegally collected after the device is disposed of. The majority of these electronic gadgets have hard drives in them that retain sensitive information and many business professionals do not realize how invasive the storage of data on these devices truly is.
"There are liabilities and assets in companies that people don't realize," commented Hamm. "It would be imperative for a business owner to look into cyber liability insurance as a means of protecting their business."
Companies that fall victim to hackers or individuals that steal information from broken or returned devices pay a great deal for the breach in their security; Hamm quotes the average cost of a security breach at 250,000 dollars, though additional revenue loss may be endured as a result of the loss of confidence of clients in the company. Once a breach is detected, all individuals whose information may have been compromised must be alerted. The company that sustained the violation must also take financial responsibility for the purchase of credit reports, allowing clients and other contacts to monitor their credit and prepare for the potential unauthorized use of their information. Finally, should damage be done, companies are also responsible for paying any fees and fines associated with lawsuits that may be brought against them.
Today's business leaders consider not just the possibility of a hacker or other criminal accessing their data, they must consider the day-to-day use of technology that could result in the exposure of sensitive information inadvertently.
"Businesses are more involved with technology and exposure through social media," commented Hamm. "Every business nowadays is likely using laptops that employees take out of the building or using smart phones that lead to exposure and liability for the business."
TechStructures, LLC has the ability to diminish the dangers that businesses face as they continue to integrate new te remote control helicopter chnology into their strategy. Through network managed services, data assurance, and Xerox solutions, TechStructures helps companies reduce the risk of a security breach. By partnering with Swimmer Insurance, the company can also direct clients to a reliable source of cyber liability insurance. Instead of being hesitant about using new technology, TechStructures wants clients to embrace the benefits of technological innovations while safeguarding themselves against the possibility that an issue could occur. To highlight this attitude, TechStructures gave away an iPad 2 at the event.
ABOUT:
TechStructures, LLC, based in Charlotte, North Carolina, provides customer software development services and cyber liability solutions to clients looking to protect their businesses against security violations. Through unparalleled customer support and services targeted to fit the needs of each individual client, TechStructures has become an important part of the business community in the Carolinas.
For more information about TechStructures, LLC visit www.techstructures.com, call 704-973-5644, or send an email to ghamm@techstructures.com.
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