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> Its not an issue to adhere with your private money if your product isn't causing damages. Might happen really easily though. E.g. you install some package wh
by johndough 4mo ago
> Its not an issue to adhere with your private money if your product isn't causing damages.
Might happen really easily though. E.g. you install some package which has been compromised, infecting your software product and suddenly all your customer's systems are cryptolocked and you are on the hock for millions of €€€.
Or your db crashes in new and creative ways and your backups don't work for some reason and now your customer lost an expensive contract because critical data that was in your db is gone.
Of course, you can try to foresee every eventuality, but you will indubitably overlook something and probably never make it to market.
- martijnvds 4mo agoIsn't that what (liability) insurance is for? (if there's anything Germans like as much as bureaucracy it's insurance)
- kuerbel 4mo agoEvery good company in Germany has insurance. General liability insurance Professional indemnity insurance Business interruption insurance Directors and Officers (D&O) insurance Commercial legal expenses insurance nowadays Cyber insurance I think I might have forgotten one or two...