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Datacenter migration,With the increasingly close ties between enterprises, the network insurance of data center is not only a priority, but also a best practice. Some experts even think that the future data center's network insurance should be mandatory. But the cost of Internet insurance is becoming more and more expensive, and data center operators should have network insurance and follow safety best practices, but they need to carefully choose policies that are best suited to their needs.

For data centers, network insurance should be as important as fire insurance, but many organizations do not know what they need, or whether they are protected by existing policies.
Aleksandr Yampolskiy, the chief executive and co - founder of SecurityScorecard, says the establishment of a network insurance policy helps the data center to minimize the financial impact of violations, network attacks, or interruptions. "This is particularly important for data centers, because the events that may occur will have an impact on customers who use managed services." He said.
Nowadays, with the increasingly close ties between enterprises, the risks are bigger and bigger. In Yampolskiy's view, this makes Internet insurance the best practice.
Keith Moore, founder and chief executive of CyberPolicy, says that if its cost is offset by network insurance, the data center can also backup and run faster.
But data center operators should realize that not all Internet insurance policies are equal, and choose policies that best suit their needs.
For example, policies involving business interruption, forensic investigation and data loss may be more applicable to data center operators. But network insurance policies that focus on fraud, extortion and reputation management may not be that important, because these are not necessarily the greatest risks that the data center faces.
Julie Eichenseer, the director of global customer solutions for Guidewire's network security analysis, said, "data center operators have been a reliable buyer of network insurance coverage. With high value data and more sharing and collaboration between enterprises, internal and external threats will increase. With the increasing number of cyber attacks, the traditional defense system is hard to deal with.
According to a study by the Research Institute, the average loss cost of each data center interruption in 2016 was $740357, up from $505502 in 2010.
"As the IT security market of the data center will reach $10 billion, the cost of insurance is only a small part of the total expenditure, and it is worth investing when the average cost of downtime in the data center is rising." Eichenseer said.
Bill Fox, global chief technology officer in charge of health care, life sciences and insurance at MarkLogic, said the Internet insurance market is still trying to catch up with reality.
Fox, a former lawyer and health care director, has rich experience in a large number of data integration projects, such as healthcare.gov, a health insurance exchange website issued by the US government "parity medical law".
He said that Internet insurance would be mandatory, just like the flood insurance that coastal areas need to buy. Without network insurance, the data center operators should be prepared not only to face the direct cost of the violation itself, but also to face the inevitable litigation. "The consequences of litigation may create a devastating crisis," Fox said.
But Internet insurance will be more and more expensive. According to a report by Aon, a British insurance giant, net premiums increased by 23% every year and reached $4 billion by 2021. This is higher than the growth rate of any other type of insurance.
This may change over time, as insurance companies encourage customers to follow network safety best practices, as health insurance providers encourage customers to quit smoking and weight loss, car insurance policies to punish customers over speed, and fire insurance policies to encourage the use of sprinklers and fire alarms.
However, it is still unclear which security precautions actually reduce network security risks. Unlike other regions, such as fires, floods or tornadoes, the field is developing rapidly. Unlike natural disasters, cyber criminals are actively looking for various kinds of attack measures.
In addition, new threats will also emerge on a regular basis. For example, policies and security programs designed to deal with data leaks may not be enough to face extortion software or the hijacking of encrypted currencies (hijacking computers to excavate encrypted currencies).
Eastwind Networks chief security and strategy officer Robert Huber said several suppliers tried to measure and assess risks in real time.
As the European general data protection laws and regulations come into force in May this year, there may be more data to be used to simulate network risks, which may help reduce the cost of insurance for fully prepared enterprises.
In addition, the growth of the Internet insurance market may lead to more competition among suppliers, leading to better and lower cost coverage.
Of course, enterprises should not relax their vigilance just because their data centers have network insurance. Following safety best practices can reduce the likelihood of attack and the extent of damage.