Organizations that are not typical targets of hackers are suddenly facing cyber threats against analytic property (AP), as the recent alleged breach of the Houston Astros’ computer database by St. Louis Cardinals employees proves.
Teams now face data security threats from on-the-field competitors as well as the usual, “rogue employees, malicious third parties, and human error.” Loss of AP can be a big deal, with organizations losing a competitive edge and the possibility of lawsuits and other costs associated with investigation breaches. However, cyber insurance can help mitigate these losses and help an organization bounce back quicker following a data breach against their AP.