Tag Archives: insurance coverage

Cyber Liability Insurance – Network Asset Protection Coverage (Video)

This entry is part of 23 in the series Data Security

Electronic data is an important component of your business operations. What would happen if you suddenly lost access to this information? Would you be prepared for the cost associated with recovering your computer network assets? (more…)

Cyber Liability Insurance – Security and Privacy Liability Coverage

This entry is part 2 of 23 in the series Data Security

If your business suffers a data breach, you may see yourself as the victim. But there could be a different perspective for customers or employees whose data has been compromised. They may view you, the business owner, as responsible for not properly safeguarding their confidential information. Would your business be prepared for the related lawsuits? (more…)

What Your Business Needs to Know About Ransomware and Cyber Extortion

This entry is part 21 of 23 in the series Data Security

Did you know that ransomware attacks are now one of the most popular cyberattacks, surpassing hacking and physical theft in cyber claims activity? The FBI estimated ransomware to be a $1 billion crime in 2016 and research reported that 42% of small and medium-sized businesses were hit by ransomware attacks.

What is Ransomware?

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Gas Station Insurance Coverage for Fuel Tank Contamination (Video)

Customers expect to pull into a gas station, fill their tank quickly and leave without a second thought about the fuel they just pumped into their vehicle. Gas station and convenience store owners expect the same. But if that fuel is contaminated it can cause serious engine damage, affect a gas station’s reputation and cost the business owner thousands of dollars.

Learn more in this video: (more…)

PCI DSS Compliance and Cyber Liability Insurance

This entry is part 4 of 23 in the series Data Security

Did you know that businesses are required to implement a set of security standards to protect credit card data?

Did you also know that banks and credit card companies can impose fines and penalties on your business if you fail to maintain these requirements? (more…)

Cyber Liability Insurance – Privacy Breach Response Coverage (Video)

This entry is part 5 of 23 in the series Data Security

A privacy breach that exposes sensitive customer information can be high-impact for all businesses. But it can be especially devastating for a small business, causing significant financial strain and irreparable harm to your reputation. So, what are the odds of a breach happening at your business? (more…)