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Cyber Liability Insurance

Any organization that uses technology or collects data is at risk of a cyber-attack, and the results can be catastrophic—and extremely costly. So, what can you do to protect yourself and your business financially when a cyber-attack of this nature occurs? Businesses today can protect themselves and their clients from these unwanted risks with the right insurance and coverage. Every business and organization need to be prepared with cyber liability insurance to manage and mitigate cyber risk. Without securing a dedicated cyber liability policy, most businesses likely do not have adequate insurance coverage following a data breach.

Did you know?

%

Small businesses have experienced a cyber attack in the past 12 months

A data breach is a security incident in which sensitive, protected or confidential data is copied, transmitted, viewed, stolen or used by an individual unauthorized to do so. Data breaches may involve financial information such as credit card or bank details, personal health information, and trade secrets of corporations or intellectual property.

The percentage of small businesses that have experienced a cyber attack in the past 12 months is up from 55% in 2016 to 61% in 2017.

Cyber Liability & Data Breach Insurance Coverage

Cyber Liability & Data Breach Insurance can cover the following expenses for your business:

N

BUSINESS DISRUPTION

N

REVENUE LOSS

N

EQUIPMENT DAMAGES

N

LEGAL FEES

N

BREACH NOTIFICATIONS

N

REMEDIATION EXPENSE

N

PUBLIC RELATIONS EXPENSE

N

FORENSICS ANALYSIS

Contact Us for a Quote

Please contact our office if you would like to speak to one of our knowledgeable team members to get more information about a cyber liability policy or to learn how you can further protect your business from financial ruin through a well-placed insurance program.