Cyber Liability Insurance for NAICS 517122
CYBRanked reasons a business in NAICS 517122, Agents for Wireless Telecommunications Services, needs Cyber Liability coverage. Each reason is specific to how this industry actually loses money, and ends with the question to ask before the objection comes up.
- 01
You activate accounts and can change them.
- Activations, upgrades, and number ports are processed through carrier systems.
- That access allows changes to subscriber accounts.
- Account takeover through a retail channel defeats subscriber security everywhere.
- ASK
- What carrier system access do your staff hold?
- 02
You collect identity documents for every activation.
- Activations require identity verification with documents collected and stored.
- Credit checks add financial information.
- Every affected customer must be notified.
- ASK
- What customer identity and credit information do you store?
- 03
Commission and activation records are your revenue.
- Payment from carriers follows recorded activations and upgrades.
- Chargebacks apply against those records.
- Activations you cannot evidence are commissions you do not receive.
- ASK
- How are your activation and commission records maintained?
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