FRIDAY, NOVEMBER 18, 2011
Most companies invest in the protection of business insurance in PA. PA-based online entrepreneurs, however, may think they do not need coverage as they do not have a storefront or deal with clients in person. The truth is that internet businesses may run a greater risk of hacking and often have liability risks just like brick-and-mortar businesses. Are you prepared?
One of the most famous hackers went by the name of MafiaBoy. Because he was a minor while committing his cyber crimes, it was a while before his true identity was made known. Despite his young age, Michael Calce, who was a high school student in Quebec at the time, successfully hacked the websites of multiple corporations including Amazon.com, eBay, and Yahoo.
Project Rivolta, which is Italian for “riot”, was launched in February 2000. Calce used a denial of service attack, which causes servers to overload and shut down. His actions caused these businesses to lose more than $1 billion in revenue.
It only took an hour for a high school kid to shut down Yahoo, a multibillion dollar corporation. How much could a successful cyber attack cost your business? Now is the time to purchase business insurance in PA. Internet business owners who were unable to find appropriate coverage a few years ago may be surprised to discover the range of relevant coverage now available. With The Weimer Group, you can get the coverage you need with our agency’s help. Contact us today for more information!