Uninsured – Underinsured Information Highway Motorists
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On the information freeway, the vast majority of the population is driving 90 miles per hour (144 KPH) without insurance; this includes business entities, too. In the United States, as in many other countries as well, the law dictates that a person possess a minimum level of automobile insurance to protect the financial stability of other drivers, their property and themselves in the event of a crash. Most people would not be able to afford the expense associated with a crash should it occur. We all tend to dislike insurance, but we are infinitely pleased when we have it in a time of catastrophe, right?
While I know of no policy that can be purchased to ensure information security, I also know that there are many ways information can be made more secure. Each participant in a commerce-based transaction – the retailer, the buyer, and the credit card company – plays a unique role in ensuring security.