Data/presence insurance tools and techniques
First Claim
1. A method for providing insurance against data loss, comprising:
- establishing a remote data volume including all data of a local data volume at a point in time;
updating the remote data volume over a communications link with data changes to the local data volume;
determining an exposure period, the exposure period based on a time period between a time a data change occurs on the local data volume and a time the data change occurs on the remote data volume, and the exposure period indicating a time over which the data change is at risk;
calculating an insurance premium using the exposure period; and
issuing an insurance policy using the insurance premium, the insurance policy covering claims for loss of data from the local data volume.
3 Assignments
0 Petitions
Accused Products
Abstract
Methods for insurance of online presence (202) and/or data (200) are described. An insurer (302) contracts with an insured entity (304) in an agreement (308) under which a premium (310) is paid for insurance coverage. The premium is calculated (306) using a pure premium method (400) or a loss ratio premium method (402), in a manner that depends on factors such as expected virus scan results (404), expected data recovery time (406), expected geographic spread (408), use of multiple recovery methods (410), and other information regarding the insured entity'"'"'s business and the technical protection services (206) to be used. In some embodiments, the technical protection services are provided under the agreement by a third party technical services provider (300). Systems, signals, and configured media are also described.
64 Citations
9 Claims
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1. A method for providing insurance against data loss, comprising:
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establishing a remote data volume including all data of a local data volume at a point in time; updating the remote data volume over a communications link with data changes to the local data volume; determining an exposure period, the exposure period based on a time period between a time a data change occurs on the local data volume and a time the data change occurs on the remote data volume, and the exposure period indicating a time over which the data change is at risk; calculating an insurance premium using the exposure period; and issuing an insurance policy using the insurance premium, the insurance policy covering claims for loss of data from the local data volume. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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Specification