Cybercriminals can lock your company’s files, demanding high ransoms to restore access. Avoid losing thousands in lost business.
Cyber liability is not a matter of “if” but “when.”
Businesses of all sizes are vulnerable to cyberattacks and data breaches, with the average cost to resolve an incident now exceeding $6.5 million.
A lost laptop, a simple mistake by an employee, a malicious virus, or even misplaced paper records can have long-lasting financial and reputational impacts.
We offer a holistic approach to cyber risk management, providing comprehensive coverage and the tools you need to assess, mitigate, and respond to threats, helping you safeguard your business and reputation in a digital world.
Protect Your Business
What Does Cyber Liability Cover?
With a comprehensive cyber liability policy, you can feel confident you’re covered in case of data breaches and related issues, including:
- Data compromise protection to cover employee and customer information if your data should ever be hacked, stolen (physical and electronic), corrupted, or subject to procedural errors or internal fraud
- Legal cost protection incurred by legal reviews
- Forensic services to assist in determining the nature, extent, and perpetrators of an electronic breach
- Personal services for any persons affected, which may include help line services, credit monitoring and case managers for identifying theft victims.
Public relations costs paid for firms to review and respond to the potential impact of the data compromise - Costs of legal defense in an event that the company is sued due to the breach
- Identity recovery protection to identity fraud victims and restore their credit history and records. This includes owners, employees and family members.
How Can a Cyber Liability Policy Protect My Business?
We can help protect your business against damage to electronic data, virus or malware attack, liability to third parties, and also help recover the cost of:
- Restoring and recreating data to your system
- Restoring systems to pre-attack levels
- Lost business and unforeseen expenses
- Public relations services, to communicate with outside parties concerning a computer attack and your public response
Who is Cyber Liability Insurance For?
Cyber liability coverage is available for any business, small and large, nonprofit organizations, and retailers. You may be able to save cost by bundling coverage with another policy to create a comprehensive suite of business liability coverages.
Worried About Costs?
Don’t be. We can help you assess the risks to your business, and get you the protection you need in today’s data reliant world.
The I. Dachs Difference
You might be tempted to choose the least expensive insurance available, but keep in mind that you could be sacrificing important coverage. While many insurance products may appear similar in cost and purpose, insurance providers differ greatly in how they tailor policies to truly protect you. There’s no universal insurance solution that fits every business’ unique needs.
As members of your community, we safeguard businesses and individuals we genuinely care about. That’s why we’re committed to finding better ways to protect you, including selecting insurance partners who are both cost-effective and responsive. Reach out to us and let our experts help you build the strongest shield to secure what you’ve worked so hard to achieve.
