Managing data and maintaining its security is a hot topic in today’s society. Even our own government isn’t immune to the risks of data breaches. Most businesses are storing more and more of their information online with data storage and computer systems.
All it takes is a simple virus to instantly wipe it all out in seconds. If you don’t have the right insurance, you will be paying out the nose to get the information back.
Practically every business in operation today is at risk. The real costs of a cyber attack can start to add up. To assess your company’s risk, ask yourself these questions:
You may hear a lot of different terms relating to this type of policy such as: cyber liability, network or internet security liability, and data breach coverage. This is a newer segment of the insurance market that is constantly evolving to meet the risks and challenges of our increasing technology and connectivity.
Don’t let your confidence in technology keep you from protecting your business with the right insurance! The professionals at Scheetz Hogan Freeman & Phillips Insurance can take a specialized approach to make sure that you get a unique cyber insurance policy that fits your needs.
Our coverage and protection can include everything from:
The risks associated with a data breach can be extensive. Our team can assist you in finding you insurance that will cover all of the gaps and help protect you financially from such a disaster. Some policies won’t just cover the damages but also pay for defense costs, which can save you millions.
For more information about protecting your company from a data breach, watch this short informational video from The Hartford.
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