In the last decade, security has become a multi-platform, multi-channel concern for businesses. Gone are the days when the only threats to a bank could be warded off by an armed guard standing in front of a bank vault to intimidate and dissuade potential robbers.
A Cloud Direct survey reports that 54 percent of respondents were unaware there were insurance benefits to having a business continuity plan.
May 1, 2014
According to a joint survey from the British Insurance Brokers’ Association (Biba) and the Cabinet Office in 2012, 83 percent of insurers would give a discount or improve terms to a business interruption policy if a business continuity plan were in place.