The importance of the Cyber Liability Insurance for the Business

The importance of the Cyber Liability Insurance for the Business

Are you protecting your business and your clients again CYBER ATTACKS?

 We are living in a cyber society where most of the information is available on the Internet and databases stored in local servers or in the clouds.  This information is always at risk due the actions of hackers or due to the manipulation of records from third parties including employees, vendors, etc.  Most of members of the staff have access to the client’s information and it is very difficult to control the manipulation of the records if the organization does not have a Cyber Security Risk Management Plan in force.  Some information could be deleted or used for illegal actions.   The owner of the business will be responsible for any data breach and should have Cyber Liability Insurance.

 A business may not have a high volume of data related with credit cards or health care information.  But always they have confidential information including personal or business related.  The interaction with third parties in the cyberspace creates a high risk for the security of your client’s information.  If there is breach your business will be responsible and therefore the right action plan is to transfer the risk to an insurance company by buying a CYBER LIABILITY INSURANCE.

 The General Liability insurance does not have coverage for Data Breach.  It could be added through an endorsement or with a separate policy.  Act now before you have a data breach that could be get your business out of the market.

For a no cost consultation please contact me at 239-821-9164 or by email:

nef@es-insurance.com