In recent years, cyber attacks have emerged as one of the most significant threats facing organizations of all sizes—costing them upwards of several million dollars. To help offset these exposures, cyber liability insurance has become an essential component to any risk management program.
When it comes to cyber attacks It’s not about if, but when.
- Does your organization use Cloud-based software or storage?
- Can the general public access your organization’s building without the use of an ID card?
- Can employees dispose of sensitive information in unsecured bins?
- Does anyone in your organization use computers to access bank accounts or initiate money transfers?
- Has your organization neglected to review its data security or cyber security policies and procedures within the last year?
If you find yourself saying ‘yes’ or ‘I’m unsure’ to one or more of these exposures, you may be at higher risk than you realize.
Our team understands that “one size fits all” is not an insurance option; we’d be more than happy to chat about your individual insurance needs.