Cyber liability insurance
Detecting a data breach is key to mitigating damage and preventing future breaches and cyberattacks.
Data breaches and cyberattacks are on the rise, hitting large and small businesses alike. Hackers can steal client data, pilfer your bank accounts, or shut down your computers and demand a ransom. There are a few tips, however, that you can follow to reduce the risk of a data breach at your company.
Cyber threats like denial-of-service attacks and phishing can hurt your reputation and your bottom line. Follow these steps to protect your business and your clients against cyber crime.
Depending on the scale and severity of a cyberattack and the cost of data recovery, settlements or judgments could easily top six figures. Evaluate your business risk to determine how much cyber liability insurance you need.
Tech companies are required to notify affected customers after a data breach. Here are a few tips for complying with state laws and avoiding potentially bankrupting expenses.
Data breaches that expose sensitive digital assets can cause expensive lawsuits. Learn the difference between first-party and third-party cyber liability insurance and how these policies can help your business handle cybercrime.
Liability insurance can protect you from risks and help your business meet contract requirements. Here’s how to decide which coverage limits you need for your liability policies.