Keeping Your Data Secure

Should You Insure Your Business Against Cybercrime?

According to a 2014 report published by the Center For International Studies, the Internet economy generates between $2 trillion and $3 trillion, annually, and that figure is growing rapidly. The same report estimates that cybercrime extracts between 15% and 20% of the value created by the Internet – a very sobering statistic.

So what should you do to keep your data secure? Cybercrime experts say you should start on the home front by first instituting strong cultural controls that will mitigate this type of fraud making it past an initial email or phone call. The next step is to consider purchasing a cybercrime insurance policy. Is it worth the investment? Yes and no, say the experts. Depending on your industry, premiums can range from as little as $649 for $500,000 of coverage for a doctor’s office (for example) to $84,000 for $5 million in coverage for a $4 billion pharmacy benefits management company.

Industry leaders further emphasize that there really is not “one size fits all” policy, so it’s important to work with a knowledgeable agent who can assist you in custom-tailoring a policy that makes sense for you.

• Administrator (paid and unpaid accounts) – Can change system settings and permissions, add/delete users, and access billing functions, such as changing credit card information or viewing invoices.
• Account Owner (paid accounts only) – Can perform all administrator functions and will receive invoices via email.
• Non-administrator – Cannot make system settings changes and can only view and edit records that they have permission to see.

Note: If you are the account owner/Insightly administrator, you can give other users administrator privileges on your account.

This setting is located on the System Settings > Users page. Click the Profile icon > System Settings > Users to access the user settings.

Click the Administrator checkbox to enable or disable the admin option for each user.

An Eye on Teamwork

When selecting a team building event, team building coaches encourage employers to focus on activities that help put employees at ease and create a sense of time well spent. Here are a few top choices:

• Volunteering–The best activities are those that the entire team feels proud to participate in.
• Field trips–Casual trips such visiting a park or museum or going to a baseball game.
• Professional development activities—Quality workshops give teams the opportunity to stay up to date with education and develop professional relationships in new settings.
• Shared meals–This allows for casual conversation in a comfortable environment, letting team members get to know each other outside of work.

Check out Insightly’s features and plans on our pricing page or sign up for a free trial right now.

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About the author: Marta Bright is Insightly’s Content Manager. She’s been writing about the “business of technology” in the Silicon Valley for more than a decade.