We hear of a new one almost daily. Data breaches are becoming a fact of life. Owning a business, large or small, means that you have data. And, you are continually gathering new information.
Whether by hackers, cyber criminals, even your own employees negligence or intentional misuse, if your data is stored on a computer, it’s now a question of when rather than if it will happen to you. Cyber risks to your business can literally shut you down.
Arizona has enacted legislation that requires private entities to notify individuals of security breaches of information that involves personally identifiable information.
Can you continue to operate your business in the event that your computer and all sensitive customer information is hacked? What if your computer is totally disabled from an attack?
Cyber liability insurance offers the protection you need. Among the benefits are business interruption expenses and the cost of notifying customers in the event of a data breach.
Coverage can be tailored for your specific needs so that you will have the means necessary in order to continue conducting business.
Protecting your business from data theft is a critical responsibility for any business owner.