Call Us Today707-782-9200
Home » Beyond Basic Business Insurance: Your Need for Cyber Risk Mitigation
August 15, 2022
Agency

Beyond Basic Business Insurance: Your Need for Cyber Risk Mitigation

In today’s data-driven environment, businesses face more cyber risks than ever before. Cyber risk is a growing threat to all companies, regardless of size. A basic business owner’s policy may not include coverage for cyber threats. 

 

What Are Cyber Threats? 

 

The term cyber threat can apply to a variety of situations. In general, it implies that various internet threats pose some risk to your business, your employees or your customers. a close up of a computer keyboard 

 

Your business may be at risk of a cyber threat if:

  

  • You conduct business online. 

  • Your business uses electronic fund transfers or credit card payments. 

  • Your business interacts with customers online. 

  • You utilize cloud storage for your company’s payroll, customer sales or other information. 

  • You use computer systems to link your businesses from multiple locations. 

 

Exploring Cyber Risks 

 

Every business owner needs to reduce their risk of cyber threats. You should have security systems in place to combat cyber threats, and they should be updated frequently. 

 

Cyber risks may expose your customers’ or even your employees’ data to threats. It can also include leaking information about your company’s products or business plans.  

 

Working with your business insurance provider will help ensure you have coverage in the event of a high-risk event. Be transparent with your customers and employees about what steps you take to protect their private information. Having the highest level of security in place to prevent attacks is essential 

 

Contact Your Business Insurance Provider 

Small businesses today must protect themselves from all forms of cyber-related threats. Contact your business insurance provider today to learn more about protection from cyber threats. 

Tags: commercial, coverage, cyber, insurance, liability

Leave a Reply

Your email address will not be published. Required fields are marked *

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

©2024. All rights reserved. | Powered by Zywave Websites

Proudly serving Petaluma, CA, Sonoma County, CA, Napa County, CA, Marin County, CA, Solano County, CA, Sacramento, CA, and surrounding areas. Licensed in CA, AZ, CO, FL, GA, ID, IL, IN, MI, MT, NV, NJ, NM, NC, OH, OR, SC, TX, UT, and WA.