Cyber insurance generally covers your business’ liability for a data breach involving sensitive customer information, such as Social Security numbers, credit card numbers, account numbers, driver’s license numbers and health records.
The most prominent cyber risks are privacy risk, security risk, operational risk, and service risk.
A cyber liability insurance policy can help you to cover the expenses associated with a cyber hack. Additionally, some commercial cyber liability policies cover loss of business while your systems are compromised or unavailable.
Cyber liability insurance protects your business against the expenses associated with a data breach. We’ll help you evaluate the data liability risks your business faces and find you a policy that meets your specific needs.
A number of action steps must be taken once your business has experienced a cyber hack. These steps include:
All of these necessary action steps can lead to a hefty, unexpected cost for your business. Not to mention, dealing with the aftermath of a cyber hack could close your business temporarily, which could result in a loss of income.
Insuredbiz can help mitigate these potential costs by offering comparative quotes on Cyber Liability Insurance from multiple insurance carriers so you can get the best possible rate.
Want to see how much we can save you? Click here to request a quote to find out.
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