Network security breaches are deemed by many insurance experts to be the fastest growing risk facing both individuals and businesses as the use of internet services is ever-increasing. The risks faced include privacy and network security breaches. Harm through network security breaches can be caused to individuals and businesses and to all with whom they contract by means of their electronic devices.
We are very well versed in the magnitude and variety of risks to which are clients can be exposed and Phoenix Risk Solutions has the capacity to assist our clients in risk management, underwriting arrangements and claims settlement in situations such as: