Cyber Liability Insurance
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What is it?
Cyber Liability Insurance helps protect a company that has been a victim of a cyber attack or data breach. Cyber Liability Insurance protects against a wide range of cyber incident losses that businesses may suffer directly or cause to others including costs arising from data destruction and/or theft, extortion demands, hacking, denial of service attacks, crisis management activity related to data breaches, and legal claims for defamation, fraud and privacy violations.
Why get it?
If your business collects or stores personally identifiable information on suppliers, customers or employees there is a risk that this information can be breached. According to a recent study by the National Cyber Security Alliance, 60 Percent of small and medium-sized businesses go out of business 6 months after a cyber attack. Most businesses do not have the resources to financially recover from a cyber attack or breach on their own. Cyber Liability Insurance can help cover those costs that are the result of a breach and keep you in business!
HOW WE HANDLE CYBER SECURITY ATTACKS
Assume a data breach can’t happen to you? Think again!
A data breach can result in your business closing overnight. Watch how to protect yourself from an attack, and what to do if your business is affected.
OUR HAPPY CLIENTS for Cyber Liability insurance
I have been a client of Preferred Insurance for several years. I recently had a claim and the process was made seamless. The customer service and follow up was excellent. They were able to get me the highest possible reimbursement in a timely fashion.
TYA LICHTIE
Real Estate Managing Broker
Your excellent representation of our claim with Pekin Insurance has produced amazing relief to our new business. I believe, without all the hard work you obviously have done to build the working relationship that you enjoy with Pekin, we would not have received any financial relief.
DIANE KORCZYK
Wagner Ford
I enjoyed working with Preferred Insurance Network thus far and look forward to continuing that relationship moving forward. They listened to my needs and ensured that I would be taken care of – and I was! Thank you for all your help! Really a big thank you!
DOMINIC IRPINO
Irpino Construction
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Preferred Insurance Network
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