Cyber Liability Insurance
Protect your business in the digital landscape
Our world is more connected now than ever. The disruptive impact of the internet years ago and more recently social media had immeasurable positive economic impact. However, in making the world smaller, those willing to do harm pose more of a threat. Hackers both here and abroad are constantly looking to exploit weaknesses in cyber security systems and like the viruses they deploy, they are constantly changing their ways to stay ahead of the game.
To that end we are advising our clients who handle sensitive information on networked computers to evaluate and include a cyber liability endorsement or standalone policy to their insurance package. Most of our clients face some cyber exposure, whether that be sensitive employee or customer information or the data they rely upon to conduct their business (e.g. inventory records, copies of purchase orders, payroll information). Conversely, most general liability policies specifically exclude cyber liability. While we find most clients make every effort to insure known risks for tangible physical property such as their property and inventory, the intangible yet very real risk of a data loss is often overlooked.
Our policies can include the following in the event of a security breach:
- Third party liability
- Consumer Notification
- Credit File Monitoring
- Data Reconstruction
Proactive Services May Include:
- Risk Assessments
- Encryption Software
- Mobile security app (for iOS and Android devices)
Call Mills-Shellhammer-Puetz today to discuss your Cyber Liability Exposure.
Mills-Shellhammer-Puetz & Associates Insurance tailors cyber liability insurance to businesses in Sioux City, South Sioux City, North Sioux City, Dakota Dunes, Sergeant Bluff, Dakota City, and surrounding areas. Licensed in IA, NE, SD and More