Protect Your Business from Evolving Cyber Threats
In today’s digital world, cyber risks are a fact of life. Every business—no matter the size—relies on technology and stores sensitive data that could be compromised. From ransomware attacks to data breaches, the financial and reputational fallout can be devastating.
That’s where cyber insurance comes in.
What is Cyber Insurance?
Cyber insurance helps cover your business’s liability in the event of a data breach or cyberattack. It can protect you when sensitive customer information, like Social Security numbers, credit card data, or medical records, is exposed or stolen.
This type of insurance fills the gaps left by standard business policies, offering coverage tailored to your unique risks. A qualified agent can help you evaluate your exposure and build a policy that fits your needs.
Why Your Business Needs It
If your business uses the internet, cloud storage, or digital customer data, you’re at risk. Even with robust IT practices, cyber events can still occur. Many business or malpractice policies include limited cyber coverage, often with low limits or sub-limits tucked into endorsements. A stand-alone cyber policy offers broader protection and higher limits.
What does Cyber Insurance cover?
Cyber liability insurance may include:
- Data breach response and notification costs
- Business interruption from a cyber event
- Ransomware payments and negotiation services
- Third-party liability from data loss or misuse
- Regulatory fines and legal defense
Coverage terms can vary by carrier, so it’s important to review the details closely.
As your reliance on technology grows, so do your risks. Let Professional Insurance Programs help you protect your business with coverage that keeps pace.