Music is a darling the world over, if not just a frequent companion in our daily lives. It accompanies us to the beach, to the workplace, on our numerous bike rides or phone conversations. Isn’t it of good judgment that we fancy to equip our SUVs, Sedans, or whatever you drive, with possibly the best auto sound systems you can lay your hands on? The drawback is that novel technology is making it to the markets at a rapid rate than we can’t possibly keep up with, be it on daily or monthly basis – its happening fast. No wonder we are absolutely quick to kick ourselves in the butt when deciding whether to buy this or maybe that company’s made auto sound system. We are truly spoiled for choice.

As a matter-of-fact, excellent technology in auto sound system already exists. The question therefore isn’t whether or not it will reach the market, but instead when. When? Hence this becomes a really considerable question in discussing about new technologies. There are numerous factors that control the duration it takes for an actual product to reach the market, and the supply/availability at the point in time. Good news is that consumers are a patient lot, and will always wait until that point approaches; it then pays to realize that prices for these systems you love will drop almost overnight.

Though I may prefer to procure one of these star gadgets like everyone else does, I have to remind myself of my obligations as a parent, which are to ensure that my children are well fed, clothed and educated, College fees don’t come easy remember. This reason will therefore keep me hooked to my old-fashioned machine while deep down longing for the newest Acer notebooks, I’ll play my tracks on my Ipod Shuffle while longing for a new Ipod that can play video. Life will however go on, and I will enjoy playing spectator to those playing with their new fancy gadgets, while also learning from them and waiting for prices to go down. (Just like Mp3s a few years ago).

I can consider myself smart enough for realizing that it’s mostly not wise to be the first buyer of new products or new technology. Better let someone take the expensive risk associated with purchasing untested product and get their first hand opinion of the product. This will go miles in informing your decisions minus the risks that come with new untested products.

There are countless things I can sacrifice and many others I’m willing to go the extra mile in order to give my children as test objects. What I have come to realize is that if the item or device can survive for weeks under their care, it is a good bet and is without doubt worth buying stock in the company. Most of us have things we consider most important than others and though I love technology, there are other things of higher priority.

I treasure music, and it’s a very important part of my life, I therefore try my best to keep up with the best and latest when choosing auto sound systems. My most preferred happens to be the Bose. This system is wholly designed to make music sound as it ought to. You can find the best quality and greatest audio from this system without sacrificing half of your trunk or the whole back seat. Bose is an expensive product on the market when it comes to auto sound systems, but all the same worth your money.

Always remember that the best auto sound system is not necessarily the most expensive auto sound product in the market, this is good piece of advice when considering your options in regard to auto sound system, this stands true, regardless of what the salesman tells you. Learning all that you possibly can, about the choices available in auto sound system, might make you discover that there are less costlier systems well suited to your auto sound system than you previously thought.

Every company should have some form of Technology Insurance as a part of their risk management strategy. Even companies that need comprehensive Technology insurance coverage are not limited to those dealing specifically with the design, manufacturing, or serving of business or consumer technology. Practically every business employs technology on some level, and thus is susceptible to “Cyber Risk”. It is important to note that “Cyber Risk” is not covered under your General Liability Insurance Coverage. (G.L.I. is for bodily injury or property damage to others.) Since much of technology involves “intangibles” like data, designs, etc. you need Professional Liability Coverage to cover these risks. Technology Insurance is basically Professional Liability Insurance that is customized for Technology companies. In order to get a better idea of how cyber risk can affect your business refer to the common technology insurance terms below.

Because of the rapidly changing field of technology and technology itself, insurance terms and definitions may vary from carrier to carrier. Always consult a knowledgeable technology insurance agent before purchasing any technology insurance coverages.

GENERAL TERMS:

Cyber Risk – Umbrella term for various instances of possible loss faced by any company utilizing technology.

Cyber Liability Coverage – coverage for liability and expenses to your company because of a cyber risk loss

Electronic Data Processing Property Coverage – blanket term usually referring to electronic data, edp equipment, mobile communication property, and communication property. ​ It is very important to have this coverage and to be clear about what this coverage does and does not mean to your individual carrier.

Intellectual Property Coverage – coverage for intellectual property or patent infringements including trademark, copyright, or patent violations. This coverage is usually available in two parts, one part in the case where you are responsible for intellectual property infringement and one part in the case where someone has violated your own intellectual property rights.

Common Types of Losses as a Result of Cyber Risk

Errors & Omissions – Umbrella term for any loss caused by an error or omission on the part of your company.

• Data Breach / Data Loss
• Unfulfilled Contract or Warranty

Data Breach / Data Loss – Loss or corruption of company or client data. This includes, but is not limited to:

• Stolen/misplaced hardware (laptop or flash drive)
• Malicious software (intentionally/unintentionally introduced to company’s or client’s system)
• Software Glitch (malfunction causes loss or misplacement of data)

Personal Injury (Digital) – Defamation caused to an individual or company through digital media including:

• Company Website
• E-mail
• Social Media

This is just the tip of the iceberg. When you’re looking to keep your business & technology secure, make sure to speak to an insurance agent who specializes in Technology Insurance!