Cyber Liability Insurance

Think Your Organization is Secure?

Do This One Thing to Ensure You’re Covered.

Let’s assume your organization has done absolutely everything possible to ensure its data is secure and its systems are protected. Does that mean you’re now immune to a cyberattack such as a ransomware incident? Absolutely not.

Ransomware is a lucrative business for cybercriminals. From their perspective, their work is paying off, and as a result, their operations and attacks are becoming more and more sophisticated. Even the most secure networks and organizations are at risk of falling victim to these ever more frequent, ever more advanced attacks.

So, that begs the question: what can your organization do to manage this risk? Aside from making sure you’re following cybersecurity best practices, you can help manage this risk by subscribing to cyber liability insurance.

Cyber liability insurance generally covers your organization’s liability for a data breach involving sensitive information, such as Social Security numbers, credit card numbers, account numbers, driver's license numbers, and health records. Cyber liability insurance can also cover things such as lost income due to a cyber event, costs associated with notifying customers affected by a breach, costs for recovering compromised data, costs for repairing damaged computer systems, etc..

While we at EON don’t offer cyber liability insurance, we highly recommend it for all our clients, and we’d be happy to work with you and your insurance agent on finding the right policy for your needs. Give us a call, and we can help make sure you’re appropriately managing this very real, very concerning risk.

Helping you think ahead,

The EON Team