Hope isn’t the same as confidence when it comes to cybersecurity. If you’re just hoping that your IT team has all of the cybersecurity bases covered for your organization, then you’re bound to have some sleepless nights wondering if tomorrow will be the day when you have to deal with the impact of a cyber attack.

You could be the safest driver on the road and still not be able to guarantee that you would never, ever be involved in an accident. That’s why you have insurance. You hope you don’t need it. You’ll do everything you can to be safe, but if something does happen you’re glad it’s there.

When you think about the information that your business needs to protect, it’s natural to think about banking and finance, trade secrets and proprietary information, as well as customer records. There’s another bucket of information, however, that’s just as valuable and the Department of Labor (DOL) has just released guidelines that they want businesses to follow to keep it secure.