Cyber Liability
There are many issues businesses in Texas and all over the country have dealt with over the years. In the past the biggest threats included damage to property from storms, vandals, thiefs, broken pipes and liability issues from damage caused by employees or injuries on their premises. Today businesses face new issues from the internet more than ever. Malware, ransomware, spyware and scareware are affecting businesses dramatically. Businesses and companies of any size can not ignore these attacks that cause business interruption, cyber extortion, loss of critical operational data among other losses.
We offer many comprehensive solutions to help combat these losses. We can provide First party coverage for cyber extortion, Data recovery costs, Business interruption resulting from security breaches and system failures, Contingent business interruption from incidents occurring at the policy holder’s vendors and suppliers and eCrime coverage.
Not only can we provide packages to address losses after a breach occurs but also help to prevent these issues. Our carriers offer solutions that do the following.
Review current measures taken by the company
Check client infrastructure for publicly accessible servers, services, & technology
Discover vulnerabilities and misconfigurations in the scanned infrastructure
Find exposed available client/user/employee information
Find threats hidden on the dark web
In the event of a loss, our packages can provide coverage for the following:
- Regulatory Fines
- Media Liability
- Forensic expenses from credit card payments
- Breach Management Expenses to third parties
- Business Interuption
- Contigent Business Interuption
- Data Retrieval
- Social Engineering & Cyber Crime
- Reputational Loss
- Cyber Extortion and Ransomware
- Court Attendance Costs