Cyber Liability

Cyber liability insurance helps businesses overcome data breaches and cyber attacks, by covering a variety of different risks.  Coverages can be categorized under first-party or third-party. First-party covers losses and damage to the business, like business interruption or computer fraud. While third-party covers losses that an outside entity experiences due to a cyber breach, like transmission of a virus or malicious content and errors and omissions. 

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Cyber liability insurance will limit the risk of a cyber attack, but there are some ways you can help.

  1. Tighten your current security system. Install and antivirus, antispyware, get a firewall.
  2. Raise cyber security awareness within your organization.
  3. Be smart about passwords. Regularly change them.

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