Michael Rogers, vice president communications for the Small Business Association of Michigan, talks with Taras O. Shalay, Professional Insurance Broker at Burns and Wilcox of Farmington Hills, about tips for small businesses to protect themselves from cyber liability.
They address the following questions: What is an independent specialty insurance wholesaler? What kind of responsibilities do small businesses have for protecting customer information? What are some of the ways you can goof up that protection, whether by accident or by fault? Is there anyway small businesses can protect themselves from customer data mishaps? Is insurance an option? Does insurance replace good security practices?