Seattle Cyber Liability Insurance
Also Serving Everett, Shoreline, Wenatchee, Methow Valley & Areas Across Washington State
Per CIO.com, any organization that stores and maintains customer information or collects online payment information, or uses the cloud, should consider adding cyber insurance to its budget.
CIO.com also states small businesses tend to think they are safely tucked away from exposure, but Symantec found that over 30 percent of phishing attacks in 2015 were launched against organizations with less than 250 employees. Symantec's 2016 Internet Security Threat Report indicated that 43 percent of all attacks in 2015 were targeted at small businesses.
A data breach can damage more than just your small-business computer system – it also can damage your reputation and put your customers and/or employees at risk. That's why cyber insurance can be a smart precaution for any size business.
What Is Cyber Liability Insurance?
Cyber insurance generally covers your business' liability for a data breach involving sensitive customer information, such as Social Security numbers, credit card numbers, account numbers, driver's license numbers and health records.
What Are The Benefits Of Cyber Liability Insurance?
More than one-third of businesses experience a data breach each year. If a similar event happened at your business, would you be able to pay for the resulting damages?
Many cyber liability policies cover a variety of expenses associated with a cyberattack:
- Stolen data retrieval
- Reimbursement of fraudulent charges
- Identity protection services for customers at risk of identity theft
- Damage control for your business’ reputation
- Legal fees associated with the attack
- And other cleanup efforts
Won't My General Liability Policy Cover These Risks?
A general liability policy often excludes losses incurred because of the Internet. A cyber liability policy can fill that gap. It may be the difference between closing your business and making a comeback.
Get Started Today!
Contact Empire Insurance today! We can evaluate your business’s needs and find a policy that offers the best possible protection against cybercrime.