Home
Home

Directory
Directory

Articles
Internet Business Articles

Site Tools
SEO Tools
Server Tools
HTML Tools
DNS Inspector

Store Carts
Cart Reviews
Cart Demos

Venue Charts
Channel Traffic Rankings
OAI Stock Quotes and Charts
eBay's Worst Feedback

Forum
Forum Home
TulipTools News
Advertising
Blogging
Computer Hardware
Domain Names
Forum
Forum Home
TulipTools News
Advertising
Blogging
Computer Hardware
Domain Names
Ecommerce
Financing
Int'l Trading
Graphics and HTML
Internet Access
Legal Issues
Internet Business
Auction Sites
Classified Ad Sites
Fixed Price Venues
Operating Systems
Programming
Search Engines
Internet Security
Software
Web Hosting
Webmaster Issues
Reviews
Announcements
Off Topic Discussion

Web Hosting
TulipHosting

Domain Names
TulipDomains

Web Stats
TulipStats

Forum Rules
Forum Rules
Privacy Policy

Site Map
Forum Sitemap
Sitemap Topics


TulipTools Internet Business Owners and Online Sellers Community Forums

  • September 03, 2010, 03:20:38 PM *
  • Welcome, Guest
Please login or register.

Login with username, password and session length
French German Italian Dutch Spanish Portuguese Korean Chinese Simplified Japanese Greek Arabic Russian
Advanced search  

News:

Welcome to the TulipTools Internet Business Owners and Online Sellers Community Forums .  Now with 300 Discussion Boards to choose from...
:squirrel2: ...and almost as many smilies.

Bookmark and Share
Pages: [1]   Go Down

Author Topic: Insurance for Ecommerce Sites: Insuring Against Fraud, Data Breaches  (Read 1166 times)

0 Members and 1 Guest are viewing this topic.

mandy

  • Tulip Overlord
  • Rabble-Rouser
  • *****
  • Karma: 193
  • Offline Offline
  • Gender: Female
  • Posts: 9815
  • Memberless

Quote
A few insurance companies provide policies for credit card fraud and data breaches, covering both a merchant's hard cost of fraudulent sales and any liability for data breaches. AIG, the publicly-traded insurance company, was one of the first.

AIG has offered Web Merchant Guard since 2001, a policy "designed for merchants that take card-not-present transactions and looking for catastrophic protection from online fraud," says Mark Camillo, AVP for AIG's Identity Theft and Fraud Group. "It's not something that's going to pay for the first dollar of loss, but it will pay for fraud that exceeds your normal level."

The annual deductible for Web Merchant Guard is typically around 1 percent of a merchant's total sales, with premiums of several thousand dollars per year. Three to six other insurance companies offer similar coverage...

full article: http://www.practicalecommerce.com/articles/718/Insuring-Against-Fraud-Data-Breaches/
Pages: [1]   Go Up
Bookmark and Share

 



powered by Apache

powered by Linuxpowered by CentOS

Copyright 2000-2008 TulipTools.com and Brixton Technology Ventures Ltd. All rights reserved.