Coverages: Cyber Risk Insurance

When it comes to breaking into a network, stealing the data or holding it hostage, hackers don’t care what size business they steal from. Many small businesses think that cyber thieves won’t bother targeting them, but any business is open to attack. Cyber theft can cost a business thousands of dollars, let alone can ruin the hard-earned trust and reputation you’ve built with your clients.

A Cyber Risk Insurance policy covers your business from the damages caused by software attacks, data breaches (including the cost of notifying your clients), paying for legal fees and credit monitoring.