What Cyber Insurance Covers
Cyber Insurance Is Serious Business
Unfortunately, data breaches and other cyber crimes are becoming way too common. In the past couple years, data breaches have resulted in major fines and legal fees - not to mention headaches - for a discount retail chain, one of the nation\'s largest banks, a well-known health insurer, an entertainment network and the federal government.
But it's not just large organizations that are susceptible to being hacked or getting a virus. Did you know that 55% of small businesses have experienced a data breach and that 53% have had multiple breaches?
"My business partner and I didn't even know Cyber Insurance was a thing, but we're glad it was brought to our attention. Smart Path Insurance able to get us covered quickly, and for much less than we anticipated."
Andrea, GoFasti LLC
"Getting a cyber policy was intimidating with all the difference coverages. Richard walked us through Tech E&O and Cyber for our software company and got us the best premiums and coverages in the market."
Marc D, MXS Solutions