Just recently, a few members of Parliament had their email accounts hacked. This is just another instance that shows the pervasive nature of cyber attacks and reiterates the importance of top-notch cyber security procedures put in place. In fact, document security is becoming ever more prevalent.
Data Breach Would Be Covered
Large corporations should consider the various advantages that come with protecting their secure data by investing in a document management system (DMS). For example, if a data breach occurs at your business, hackers are able to access sensitive information regarding clients and employees. However, taking advantage of a document management system would provide first-party coverage over data breaches or hacks throughout their networks. Not only does a DMS implement more efficient workflows throughout your business, it can also help to keep documents more secure than ever before.
Protecting The End-User
Important documents that may be lost or obtained can have serious effects depending on the information accessed. In fact, most hackers look for information that can be beneficial to them such as movies or tv shows, like the recent Netflix hack on the show “Orange Is The New Black”. The fact remains that while it may seem new, cyber and privacy insurance companies have been around for the past 10 years. While it hasn’t been as popular as other types of insurance, with the increase in breaches occurring almost daily, there seems to be more a demand in these types of policies now more than ever before.