Does your business need cyber coverage?
Take this quick quiz to find out if you do:
- Does your business use technology?
- Yes
- No
If you answered “Yes,” you NEED cyber coverage.
Think about it…any business that uses technology has exposure to loss.
- Data storage
- Credit card transactions
- Private info
- Viruses/malware
- Social media/websites
- Cyber extortion/ransomware
- DDoS (distributed denial of service)
- PCI fines and penalties
And here’s the kicker: Traditional liability policies exclude almost all cyber-related coverage.
It gets worse: the level of sophistication of cyber criminals is ever-increasing.
For example, have you considered that your smart fridge or smart coffee pot are potential targets for cyber attacks?
Sounds ridiculous but it’s true.
“These smart devices come with everything turned on, everything enabled, and very little security,” said Tom Kellermann of the U.S. Secret Service’s Cyber Investigations Advisory Board. “You can be extorted, stalked, robbed -and your home network can be commandeered to attack your work network.”
Your business, your livelihood, and all that you’ve worked so hard to build -only as safe as your weakest link or weakest password.
So if you’re still debating whether or not you need cyber coverage, you’re asking the wrong question, says Bob Ford, Senior Director of the Claims Division, American Insurance Center.
“Everyone needs cyber,” he said. “It’s more about which insuring agreement you need, not whether or not you need it.”
Don’t stick your head in the sand on this one and hope things work out for the best. As hard as you work in your business, cybercriminals are working just as hard to take it all away.
Cyber coverage is affordable and necessary to protect your business, your employees, your family, and your life’s work.
Our business insurance experts are ready and excited to help you protect all areas of your business. Give us a call or start your complimentary business insurance proposal here.
A little more about Blue Marsh Insurance…
When he founded Blue Marsh, Tom Davenport wanted to create a different kind of insurance company. One that’s built on personal relationships and a local presence. One where you, the customer, feel more like a friend.
As an independent insurance agency, Blue Marsh Insurance represents a carefully selected group of financially strong, reputable insurance companies. Therefore, we are able to offer you the best coverage at the most competitive price.
If you’re interested in starting a quote online or having us take a look at your current policies, click here!