Cyber Liability Insurance
With cyber threats like ransomware and social engineering becoming more and more common, it’s vital for small and medium sized businesses to protect against them. Even when initial threats are quarantined, the operational and legal affects can be costly for most businessowners. For this reason, we are providing our clients with the coverage options thru Wingman Insurance, a leading Technology and Cyber Liability carrier focused on protecting you from first and third-party threats. Whether its unauthorized access, theft, destruction or compromised data – our Wingman policy will have you covered.
You may run a Quick Quote now for coverage to protect your business from some of the key Cyber threats listed below:
- Ransomware -This is a cyber attack caused by malware on a system that encrypts, blocks, or erases data from a network. To give back access to data, ransomers require payment (often in Bitcoin) in exchange for the decryption key.
- Theft – Stolen devices and the personal information contained within them can result in restoration and replacement costs, notification expenses, legal fees and necessary reputation repair
- Virus or Malicious Code can handicap any business, making repair and restoration necessary
- Breach Notification -Expenses can include mailings, websites, credit monitoring and more and are often mandated by each state where you have customers
- Social Engineering -This is a cyber crime where an employee is tricked into paying money to a fraudulent account, often by spoofed email addresses- it will look valid but will be a fake.
- Business Interruption - There is often costly downtime while businesses close to remediate or recover from cyber attacks
- Cyber Extortion -When malicious software gets installed onto your system and blocks your access to your data until a sum of money is paid. Coverage is available for damages, whether that means fighting or complying with the demands.
As a small business, your data is your life. Because no business is exempt, we strongly recommend coverage thru Wingman to cover against these common, virtually inevitable cyber threats.
If you’re still not sure whether you need Cyber Insurance, Take Wingman’s 4-question quiz:
You may use the Quick Quote tool on this page, or give us a call to obtain your quote!
