Car Insurance News

All You Need to Know

Toggle Menu

  • Home
  • About Us
  • Contact
  • Insurance
    • Auto Insurance
    • Insurance

Does Your Company Have Protection Against Cyber threats?

cyber insurance
Published by Car Insurance Advisor on January 31, 2018

Most companies rely on cyber networks to conduct business and reach new customers. Meanwhile, cyberthieves become better at stealing company and customer information all the time. If you are wondering whether your company needs to purchase cyber insurance, consider the following questions.

Do You Have a Website?

If your company has a website, you probably need a cyber policy. Even seemingly small websites contain a tremendous amount of company information. They also serve as the public face of your organization to a large swath of customers. If a cyber attack compromises your company’s website, you likely want the pace of mind of having cyber coverage.

The right coverage probably protects your organization from the following:

  • Loss of revenue
  • Business interruption
  • Penalties

Do You Obtain or Retain Customer Information?

Likewise, if your company collects or stores customer information, you probably want to be sure you protect it from liability following a data breach.

Cyber coverage may provide the following:

  • Assistance with discovering the cause of the data breach
  • Help to notify employees
  • Coverage for settlements and judgments

If your organization has a website or process customer information, it is at risk of falling victim to a cyber attack. With the right cyber insurance policy, you can likely protect your company from the negative effects of a data breach.

Tweet
Share
Share
Pin
0 Shares
Filed under: Insurance Marketing and Tagged: cyber insurance
← Previous Next →

Copyright © 2022 Car Insurance News.