As part of your business operations do you store information about your customers, such as email address, names, mailing address and payment data? If so, you need data breach insurance. Major data breaches happen daily – 783 occurred in 2014 alone. Despite the very threat, many business owners, especially small business, continue to… Read more »
Cyber threats are very real and very scary. Sony Entertainment is the latest victim of a large-scale cyber attack. This cyber attack might be the largest in US history and will cost Sony millions in lost revenue and litigation. Fortunately, Sony was wise enough to purchase a $60M cyber liability and data breach insurance policy…. Read more »
Whether you are a retail store that accepts credit cards or a medical office with extensive patient records, if your business retains information about customers you have an exposure to cyber liability and data breach. Fortunately, the insurance industry has developed innovative new products that provide comprehensive coverage at an affordable price.
Nearly every business collects information from their customers. Some of that data is fairly innocuous – names, addresses, email address, etc. However, other information is much more sensitive, such as credit card numbers, social security numbers, birth dates and other personal financial information. In addition, information about new products, patents, trademarks or other intellectual property might… Read more »