What is Cyber Liability Insurance?
Did you know that 44% of small businesses have reported that their business has been struck by a cyber attack? As technology evolves, so do the ways in which organizations store and use data to run their businesses. With the increased use of e-commerce and web-based file storage, and the widespread use of smartphones, laptops, and tablets in businesses of all sizes, the risks associated with data security are growing quickly.
Cyber Liability insurance provides coverage if your business is the victim of a cyber attack. This coverage is designed to meet the cyber liability protection needs of businesses of different sizes by providing comprehensive data security and privacy insurance solutions. Coverage may include legal counsel services, IT security and forensic experts, public relations and advertising support, breach notification, call center and website support, and credit monitoring and identity theft restoration services. Contact your Independent Insurance Agent today to learn more.