Many of the largest and most
damaging cyber breaches have been caused by rogue or soon - to - be-departing employees.
Not exact matches
Viscuso, who founded
cyber incident response company Carbon Black in 2011, which was acquired by Bit9, says
cyber breaches are unlike
damage from a hurricane.
Shutting down the ability for these
cyber zombies to make money by notifying your customers to change their passwords, notify their banks, etc. will be crucial to avoiding more
damage than the
breach itself.
Our
cyber liability and data
breach insurance starts at just $ 250 per year for a pre-underwritten instant issue policy that provides $ 100,000 in protection against first - party
damages as well as many third - party
damages offering a fast and economical way to get protection in place.
A
breach of
cyber security could easily cause millions of euros of
damage in terms of lost production alone.
As well, many companies are not aware of gaps in «traditional» insurance products that more specialty liability insurance products (i.e. media and Internet liability,
cyber liability) are intended to catch, including
breach of fiduciary duty to protect privacy of client information, content exposure (defamation, intellectual property),
damages caused by virus, third party financial losses due to system downtime, costs associated with data
breach notification following a
cyber attack / hack, etc..
As legislation changes and the
breach notification requirements in Canada evolve, so too will the costs associated with
damage from hackers,
breaches,
cyber extortion, and other
cyber-related crimes.
Our team brings unique experience in handling the complexities of
cyber attacks and
cyber crime, and can help ensure you're protected in the event of a data
breach, IT
damages or theft of sensitive company information.
Whether you're most concerned about liability, property
damage or
cyber breaches, take action today to protect your company with comprehensive Richmond business insurance.