Commercial
Cyber Liability Insurance
Protection from an ever changing digital world.
Commercial
What is Cyber Insurance?
Cyber insurance can protect your business from the risk to your tangible and intangible property.
If you utilize computers in your business, you are at risk of a cyber-attack. A staggering number of small and medium-sized organizations get attacked each year – many without the support of cyber insurance coverage. If your systems or data are compromised, it can put you out of business or cause a significant monetary loss. Cyber insurance will protect you from these exposures.
Did you know?
Cyber attacks occur every 40 seconds in the US.
Do You Need Cyber Insurance?
Any business that utilizes a network and computers is at risk of a cyber-attack.
Without cyber insurance, you could be on the hook for state and federal fines and penalties, a forensic investigation, breach notification costs and even a class action or third-party lawsuit.
First and third-party cyber coverages
First party coverages are meant to cover claims you make against your own insurances. This includes loss of income during a covered business interruption and costs to notify clients of a data breach.
A third-party claim is one that is brought against your insurance by aother individual or business.
Cyber insurance covers the following first-party and post-breach expenses:
- Privacy attorney
- IT Forensic investigation
- Compliance with required notifications
- Regulatory fines
- Class action lawsuits resulting from a breach
- Credit monitoring for affected individuals
- PR firm to manage the crisis
Cyber insurance policies with Diebold risk advisors are designed specifically for your business.
We Can Help
Protect
what's important.
Get started today with a Diebold Risk Advisor and experience the difference.Â