Cyber Liability Coverage
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.
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)
Click one of the links below to fill out your application today!
TRAVELERS Cyber Liability application
CNA Cyber Liability application
VOSCO Cyber Liability Application