Category: Cyber Liability Insurance

6 Tips for Training Employees on Issues of Cybersecurity

Every business should assume that at some point, a party with malicious intent will attempt and possibly succeed in gaining illicit control over sensitive information and data. When this happened, the business becomes liable for the resulting damaged and losses to all involved, a responsibility that can cost hundreds of thousands of dollars. Though strong

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Do I Need First Party or Third Party Cyber Coverage?

When you first approach liability insurance related to cybersecurity risks, it may be difficult to know whether you need first or third party coverage. Luckily, it is relatively simple to determine which is most appropriate for you and your business once you consider a few key elements of what you do. It is all about

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Three Reasons Why Every Business Needs Cyber Liability Protection

With the ever-increasing concern about cybersecurity, businesses should consider integrating cyber liability insurance into their risk management program for several reasons. Here are three of the biggest. Cyber Threats Are on the Rise Cybersecurity is one of the biggest concerns faced by businesses today. According to Risk Based Security’s Data Breach QuickView Report, over 4.1

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