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Cyber Liability

Cyber losses are occurring at a staggering rate and they cost businesses not only money, but also time, resources and reputation.

With small business more and more dependent on electronic methods of communication, advertisement and pay, everyone is at risk for a cyber loss. It is not a matter of if, but when they will occur and how bad the damage will be. Large scale cyber-attacks like those to major box store and online retailers grab the headlines, but over half of all cyberattacks are aimed at small to medium sized businesses.

Coverage is available for:

Cybercrime – Including social engineering scams, invoice fraud, ransomware, “cryptojacking”, and targeted extortion.

Business Interruption – Including system damage, income loss, reputational harm and hardware repair & replacement.

Incident Response Costs- Including IT forensics, legal, breach notification, court attendance costs & data recreation costs.

We highly recommend this coverage as the average small business could not sustain the cost of a moderate level cyber-attack. We have multiple options available and varying levels of coverage to best fit your business’s exposure and budget.

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