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Cyber Security Breach

Universal 1st

W

ho can get hit by cyber attacks? Sadly, everyone who uses a computer connected to the internet is vulnerable. What is important to know is that potential legal exposure is often not covered under standard business liability policies.

Liability for loss of customer or employee information must be covered separately. Don’t wait until a breach of data occurs, get liability insurance today.

High profile companies seem to be at a greater risk, but small businesses are equally exposed, and hackers know that the small and medium sized businesses often lack the dedicated resource to protect against cyber attack. In fact, a recent study showed that 72% of all data breaches occurred in an SMB. What’s the cost of a cyber breach? Hard to give an accurate estimate but the total is clearly in the millions of dollars.