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LSC adds cyber insurance to protect employees

The Lafayette School Corporation is adding cyber insurance to help protect employees.

Posted: Nov. 13, 2017 11:42 PM
Updated: Nov. 13, 2017 11:53 PM

LAFAYETTE, Ind. (WLFI) - The Lafayette School Corporation is adding cyber insurance to help protect employees.

The school board approved the cyber insurance Monday night.

Chief Financial Officer Eric Rody says it's a new addition to the corporation's property and casualty insurance.

He said LSC has a lot of personal and private information on file. The insurance would cover losses for the employees and corporation should that information be illegally obtained from the computer systems.

Rody said it was a good time to add it.

"It's a concern all over the country. We hear of little things that happen. We're trying to be as proactive as we can to help provide coverage to keep our employees intact," said Rody.

The annual cost for the insurance is more than $17,000. Rody said that's a good price for the protection it provides.

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