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Cyber insurance

You know businesses are likely to be attacked by cyber criminals. But do you know how bad this has gotten for your business?

American businesses suffer around $14 Billion from “traditional” crimes every year.   But cyber crime is now up to about $30 Billion a year.   Here’s an outline of what’s happening, from Property Casualty 360.

And the criminals aren’t just after big business.  Your own small or mid-size business is a “softer” target.  You face ransom software, theft of customer data, theft of your own bank and other personal data, theft of employee data.  What can you do?

1)      Make sure your own system is hard to hack.  Make sure your IT provider is doing everything they should to protect you.  For more info, check out IT Radix.

2)      Talk to an insurance advisor about cyber crime and cyber liability insurance.  When the attack does come, have insurance in place so you can rebuild.

For more information, give us a call at 1-855-467-2877, extension 638 and we’ll help.

Posted 11:00 AM

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