EVERY company is at RISK! Hackers gain access to your system through compromised wifi networks or lost/stolen laptops and cell phones. Once they have access they hold your data hostage until a ransom is paid. Phishing or social engineering attacks, via email, direct you to a fake website where the attacker can gain access to your system. Attackers send mimicked emails to personnel asking for funds to be transferred to their account.
Cyber Liability Coverage
Cyber Liability Coverage
How Can I Minimize Exposure?
Don’t store system log in information on your desk in sight of others, or in folders labeled ‘passwords’. Be sure to have anti-virus software installed, and up to date. Limit certain employees to company or client information.
What Does Cyber Liability Cover?
Policy forms include coverage for the following:
- Privacy/Network Security
- Breach Response Costs
- Notification Costs
- Business Interruption
- Cyber Extortion
- Data Restoration Costs
Coverage Limits Begin at $500,000
What Would a Cyber Attack Cost Your Company?
- Loss of monies and securities
- Business interruption costs
- Damaged system replacement
- Ransom demand
- Victim notification (average $217 per breached record)
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