Making the Case for Cyber Insurance
In recent years, cyber attacks have emerged as one of the most significant threats facing organizations of all sizes. The Internet and other network operations have created risks that were unheard of less than a decade ago. When cyber attacks like data breaches and hacks occur, they can result in devastating damage. Business disruptions, revenue loss, legal fees, and forensic analysis and customer or employee notifications are only a few of the possible ramifications. A cyber insurance policy helps you to mitigate your cyber risk exposure by offsetting costs involved with recovery after a cyber-related security breach or related event.
It is important to remember that no organization is immune to the impact of cyber crime. Attacks against all business are increasing. As a result, cyber liability insurance has become an essential component to any risk management program.
Getting Started
Contact us today for a free Cyber Risk Exposure Scorecard. After completing all the questions, your total score will determine your company’s level of cyber risk using the scale provided. Then we can help you compare policies among insurers to find out which policy is right for your business.
If you’re still not sure if your business needs cyber insurance, check out the short video below.
