by Sarah Vezzani
New cyber threats are emerging every day and they do not discriminate on industry or organizational size either. Now may be the time to connect with your insurance advisor on what cyber liability insurance would do for your peace of mind.
So what is cyber liability insurance anyway?
Cyber insurance generally covers your business' liability for a data breach involving sensitive customer information, such as Social Security numbers, account numbers, credit card numbers, driver's license numbers and even health records.
You may be asking yourself, how can this happen?
There are many different types of cyber attacks. I have a listed a few of the faves amongst cyber criminals below.
What does cyber liability insurance cover?
Data breaches that occur as a result of employee theft, loss of a memory stick, business interruptions that may occur, hacking, etc.
Any of these can come with astronomical costs defending the organization in consumer class-action litigation, increase of staffed hours due to customer inquiries, and other additional first and third party costs.
Got you thinking? I can help. Call me at 603.762.6736 or Email me now at sarah@thevezzaniagency.com
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