Secure Your Business with a Cyber Security Policy

Did you know that more than half of all small businesses have experienced a data breach?  Considering the average cost of a data breach is $225 per lost record¹, it’s no wonder 60% of small companies go out of business within six months of a cyber attack²?

Unfortunately, data breaches, computer hacking, and other computer crimes, employee error and more are a very real threat to businesses – they are becoming altogether too common.  And it’s not just large companies they’re after.  In fact, 43% of cyber attacks actually target small business².

While your general liability insurance covers bodily injuries and property damage resulting from your products or service, cyber insurance is often excluded from a general liability policy. 

Cyber Liability Coverage is offered on an “a la carte” basis where you choose the coverage options that are right for your business (see link below for options.)  Whether you opt for all coverage limits or just a single part to complement your existing risk management program, we’ll guide you through the entire process of protecting your business against cyber attacks.  We partner with industry leading insurance carriers and security providers to bring you comprehensive cyber protection.  Call us to make sure your business is protected as you head into 2018!

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Claim Scenarios – illustrates the costs incurred to remediate a data breach

Coverage Options – snapshot of coverage options to protect your business

¹ Ponemon Institute, 2017 Cost of Data Breach Study: United States

² http://peopledriven.co/cyber-security-statistics-numbers-small-businesses-need-know/