The need for cyber insurance is real.
If you answer yes to any of these questions, you need a cyber insurance policy:
- Does your business accept credit card payments?
- Does your business bank online?
- Does your business use Facebook, Twitter, or LinkedIn?
- Does your business store sensitive customer or employee data?
Cyber Insurance protects businesses from computer, network and Internet based risks. The policy covers both first and third party loss. Every business that uses the Internet, accepts credit cards, or uses a system network needs cyber insurance.