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Three Arbor Insurance | Does It Matter If My Data Is In A Third Party Software?

By January 5, 2023Insurance

One of the first questions many people have about their data is related to third-party software. It can significantly affect your personal security and protection if your data is stored in third-party software. For many people, it’s easy to miss the importance of keeping all of your data in one particular third-party software. But, when thinking about how this data storage can apply to a security breach, the dangers become more apparent.

How Do Breaches Happen?

When considering why data storage is such a focal point, it’s important to remember how your data can be compromised. In most cases of data being compromised, the malicious part will come through you to access your data. Most data breaches are caused by an email the user receives. We’ve all seen the countless spam emails telling you how you’ve won some prize you don’t remember signing up for or how one of your accounts is compromised. Accidentally clicking a link shouldn’t easily give a hacker access to your device and allow them to go through you to reach that third-party software.

Keeping Your Data Under Control

When a breach happens and a malicious party gains access to your device, it can often see the problem taken out of your hands. When storing your data with a third-party software, you’re putting yourself at risk of any vulnerabilities the service may have. Some third-party software requires you to agree to their terms of use contract, which asserts that the company is only responsible for breaches related to its own software. If you are responsible for clicking that email, the software may not be liable for breaches caused by you.

Handling Your Insurance

Data storage can also be a central focal point when working with insurance companies. With Three Arbor Insurance, when we gather your records together, we want to know what data is stored in your server and what is stored in third-party software. Understanding where and how your data is stored is a top priority when assessing the damages after a data breach and determining how to move forward in the aftermath.

The Three Arbor Insurance Difference

If you’re looking for an insurance agency with a wealth of experience and expertise, look no further than Three Arbor Insurance. We work tirelessly with our clients to develop specialized insurance solutions that fit their needs and give our customers the peace of mind they deserve. Get a quote with Three Arbor Insurance today!