[ISN] IBM Joins Insurers To Offer E-Business Security

From: mea culpa (jerichoat_private)
Date: Wed Feb 03 1999 - 21:08:40 PST

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    Forwarded From: darek milewski <darekmat_private>
    
    IBM Joins Insurers To Offer E-Business Security
    
    IBM and Fidelity and Deposit Cos., a group of insurers and bond companies,
    disclosed details yesterday of their jointly offered E-Risk Protection
    Program for financial services companies. The program combines IBM's
    insurance industry expertise and E-business security consulting services
    with Fidelity and Deposit's insurance policies to provide coverage for a
    host of E-business activities and potential losses. 
    
    The program encompasses all E-business activities, from internal and
    external E-mail to electronic-business transactions, and includes coverage
    for financial losses, damage to reputation, liability for service
    interruption, and loss of intellectual property.
    
    The annual premium for a minimal E-Risk policy would begin at $4,000,
    according to a Fidelity and Deposit spokesman.  That would include a risk
    assessment, but none of the consulting services offered by IBM, he added. 
    
    
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