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Cyber Liability Insurance – 10 Reasons to Buy

By May 31, 2018 August 10th, 2018 Commercial Insurance
cyber liability insurance can save you from a data breach

It’s hard to turn on the news anymore without hearing about another organization that was the victim of a cyber attack. From Sony to the head of the CIA, it seems that no target is too big. And unfortunately, the truth is that no target is too small either. Just because you’re a small business does not provide you with immunity. Fortunately, a Cyber Liability policy can help protect your business.

Small business owners are affected by cybersecurity risks every day – whether it’s an embarrassing post on a social media account or an attack that leaks the private and confidential information of thousands of clients.

Hackers can easily cost business owners their life savings, or worse, put them out of business.

Here are 10 reasons why a cyber liability policy is an investment in your business.

And while this isn’t directly related to Newfoundland & Labrador, Cape Breton network security consultant, Jim Deleskie, shared his thoughts on cybersecurity with CBC’s Mainstreet Cape Breton recently. Take a listen.