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Cyber Liability Insurance
CYBER LIABILITY IS A QUESTION OF “WHEN” NOT “IF”
Data drives the organizations of today’s world. Businesses of all sizes have had a cyber attack or data breach, with the average cost to rectify rising to$6.5 million per occurrence.
One stolen laptop, one fraudulent email, one careless employee, a virus, or even paper records that fall into the wrong hands, can create a financial and reputational consequences affecting your business for years to come
Is Cyber Security Insurance Right for You?
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6 REASONS YOU NEED CYBER INSURANCE
- Cyber Crime: Every business is a target for Ransomware attacks, phishing, social engineering, and fraud attacks.
- Business Interruption: Loss of income due to breach including extra expenses to get back up and running
- Reputation Harm: Your business reputation in the marketplace and being viewed as a safe vendor.
- Privacy Liability: Protecting private information including employee information, customers information, financials
- Notification Cost: Expenses to notify all parties; including IT support to repair breach
- Technology Companies Only: Errors and Omission cost
