Let’s talk in plain language real quick…
Cyber liability insurance is quickly becoming as necessary an insurance policy as general liability or property coverage. The recent world pandemic, Coronavirus (COVID-19) has pushed more employees to remote work, created even more opportunities to hackers to exploit vulnerabilities in your technology.
No one expects you to be a cyber attack guru. You run a business and even if that business is technology related something as simple as an employee forgetting to reset a generic password could cost you thousands, or even millions of dollars depending on the type of data digital intruders are able to get their hands on.
Don’t sleep on cyber insurance. In most cases, for most businesses, the cost is minimal and coverage is broad.
Get a policy today (preferably from Rogue Risk) and consider it an an investment in the longevity of your business.
And while I hope you never have to use it, if that day comes, you’ll be patting yourself on the back for making the right decision.