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ARTICLE · 29 OCTOBER 2012

Can You Insure Your Data In The Cloud?

DMH Stallard LLP
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One of a business’s greatest concerns with data storage and backup is security, that is, how can you make sure your data is safe both internally and externally if using cloud solutions?

United KingdomMedia, Telecoms, IT, Entertainment

In the first of a series of guest blogs, Geoff Stanbridge, Account Manager from Nsure explores specialist insurance options available for data in the cloud.

One of a business's greatest concerns with data storage and backup is security, that is, how can you make sure your data is safe both internally and externally if using cloud solutions? Many businesses do not use cloud based solutions because of the perceived security risks. 

The irony is that - aside from a malicious hack into a server such as the high profile loss of details of 100m Sony users by hackers - nearly all data breaches result from the loss or theft of physical storage devices, such as laptops or USBs. So the view of many experts within the industry is that storing your data in the cloud is as safe, if not safer, than most in-house IT solutions. 

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