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Internet Security Systems (ISS), Marsh and Protegrity are
working to establish new security assessment standards for e-business. The new standards
designed to protect critical information of firms using the internet will
have implications for businesses seeking to purchase insurance to cover e-business
exposures. Firms meeting the standards may qualify for reductions of up to 15% in
e-business liability insurance premiums under Net Secure an insurance programme
developed by Marsh. ISS and Protegrity will work with Marsh to protect knowledge capital
and networks against non physical perils by providing the following services and benefits:
assessing and controlling security breaches to protect critical information assets;
reducing exposure to litigation and damages; and addressing critical network continuity
issues.