Why You Need Cyber Threat Protection

Cyberattacks threaten your business operations, revenue stream, intellectual property, client data, and reputation. Protect your company from digital hazards.

  • Cybersecurity was a 2023 hot button for executives, according to Forbes.
  • Grant Thornton’s International Business Report reported that 47% of mid-market leaders surveyed said cyberattacks were an ongoing threat to their business.
  • Hacked once? Expect a return visit. According to IBM’s 2022 Cost of a Data Breach Report, 83% of companies experiencing a data breach were hit multiple times.
  • A 157-year-old college in rural Illinois was forced to close after a ransomware attack locked them out of their data. They never recovered from the lost enrollments and network damage.

What a cyber policy can do for your business

A well-structured cyber policy can help with:

  • Lost income
  • Customer data breach notifications (legally required in most states)
  • Free credit monitoring for affected customers (legally required in most states)
  • Legal defense, state fines, damages, and settlement awards
  • Reputational damage and public relations support
  • Restoration of computers and networks
  • Technology improvements to prevent future hacks

Our agents can help you decode complex cyber jargon and match you with a customized policy.

Apply in confidence

Insurance companies will scrutinize your cybersecurity. They’ll ask questions like:

  • How much personal data do you collect and store, including paper files?
  • Do you use antivirus software, strong passwords, and multifactor authentication?
  • Do you have a written cyber incident response plan?

Evaluate your cyber hygiene before submitting your application. We’ll help you prepare and put your best foot forward.