Cyber Liability & Data Breach

Cyber Liability & Data Breach

Is your company prepared for a cyber-attack and breach of your data?

Cyber-attacks and data breaches can cost your business time and money as well as damage your reputation.

Cyber threats are real and ever increasing. Large company data breaches make the headlines, but small companies are also under attack by hackers looking to steal sensitive information. Cyber Insurance provides vital liability protection and first party loss coverage for companies with a computer presence.

What is Cyber Insurance? 

Cyber Liability is the risk that is posed by businesses when they store information on the internet or in paper files. Many businesses may face a cyber liability risk with the information they collect or store. 

Cyber insurance covers your business’ liability for a data breach that includes sensitive customer information. This could include things like Social Security numbers, credit card numbers, account numbers, driver’s license numbers and even medical records.

What does cyber insurance cover?

  • Legal fees and expenses 
  • Restoring personal identities of affected customers
  • Notifying customers about a data breach
  • Repairing damaged computer systems
  • Recovering compromised data

Why doesn’t my general liability insurance cover cyber liability?

General Liability Insurance covers bodily injuries and damage to property which is a result of your products, services or operations. Be sure to check your policy because cyber insurance is usually not included in your general liability policy.

Affordable Cyber Liability Policy 

The cost of Cyber Liability Insurance is very affordable. A Cyber-attack and data breach are not. If you are interested in Cyber Insurance Coverage for your business please give our office a call today.