Can you afford to lose your data?

There's an article up at The Globe and Mail on a new wave of insurance designed to cover data losses. The article questions whether standard commercial property insurance extends to data loss, whether caused by a physical catastrophe such as a fire, or by a purely electronic catastrophe such as a computer virus. It's worth checking your company's insurance policies to see if you are covered before disaster strikes. It's definitely worth checking your policies if you've already had a major event and need to offset the costs of recovering the data or compensating your customers for the loss of their data. (Found via the Inhouse Blog.)

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