Cyber attacks happen to all business. Be sure you’re risk-ready.

Insuring Against Cyber Threats

Data breaches, network security, identify theft and other privacy issues make headline news every day. What’s more, these exposures are not exclusive to behemoth corporations or government agencies. Today, it’s rare to find a company without some level of cyber liability risk. The insurance industry has responded by addressing this ever-evolving risk with various types of cyber liability insurance coverages. We at SB One Insurance Agency have also responded, partnering with various top insurers that provide the latest in protection for businesses just like yours.

Why do you need specific cyber coverage?

If you store or transmit information on a computer system regarding employee personal data, banking or credit card numbers, or other personal demographics, your business is at risk. You could be hacked, or an employee could erroneously break security rules and millions of people could gain access to private files. It happens all the time, and the costs are significant.

Moreover, commercial general liability insurance doesn’t offer coverage for cyber liability claims. Incidents such as data breaches, virus transmissions or online privacy violations for which you are at fault could lead to costly lawsuits and payouts. Without cyber liability insurance, you could have to pay those expenses all on your own.

A cyber liability policy can be designed to cover legal defense costs, expenses related to notifying victims, costs of regulatory investigations or forensic reviews of the incident, and damages for losses your event causes to others. Some insurers also offer crisis management and response services.

We will help you assess your vulnerabilities and assist you with risk management strategies to stem losses. We’ll also show you how to maximize your protection at the best price.

SB One is ready to serve your insurance needs.

SB One Insurance Agency understands that businesses come in all shapes and sizes and, so too, do their insurance needs. We work hand-in-hand with you to present the right product selection for your niche and the necessary risk management strategies to not only foster a culture of safety but to also mitigate losses. We are licensed in 37 states and represents numerous insurance companies, which allows us to not only offer our customers a complete and comprehensive portfolio of insurance products but at competitive rates. Give our professionals a call toll-free at 888.990.0526, email us or fill out and send the form on this page for a free consultation and quote.