Cyber (Liability) Insurance
Used to protect businesses and individual users from Internet-based risks, and risks relating to information technology infrastructure and activities, the Cyber Liability policy protects businesses when internal computers are hacked or breached.
POLICY WILL COVER:
- BUSINESS INTERRUPTION– If the computers are locked down for ransom and your business is out of commission for weeks, this policy assists with the need to pay salaries, utilities, lease agreements, and additional day-to-day expenses
- IDENTITY THEFT – If a hacker steals the identity of clients using you or your business’s stored information
- THEFT – If stored credit card information of customers or from the business itself are stored and hacked
- MALWARE – If malicious software is used to erase critical files and data from your company’s servers