My Account
Click to Call
Get Directions
Cyber insurance is a type of liability coverage that can come in handy for most businesses. Virtually every business has an online component these days, and cyber problems can cause serious damage. If your business doesn’t have cyber insurance, contact us at Martin Insurance Team in Evergreen Park, IL.
Data Problems
One of the main problems that encourage people to get cyber insurance is data breaches. These happen to businesses of all sizes. You don’t have to be a large, well-known business for this to happen. When a data breach happens, your company information, banking records, passwords, and other important information can be put out there for all to see. What is especially damaging is that the data you have on your customers, and employees, can be posted online after one of these breaches. That means credit card numbers, personal information, etc.
Your Liability
The problems really start to mount when your customers have their data stolen. Even if it isn’t used right away, it can be posted online so that it can be used at any time. Many people have to cancel credit cards, put a hold on their credit, etc. And if the data is used right away, it can end up costing them a lot of money. This is why so many companies have had to make payouts to their customers for data breaches. If this happens to your business when you have cyber insurance, they handle much of the aftermath so that your business doesn’t go bankrupt. It’s important to have this coverage if your business has a website, but it is even necessary if you simply use a computer system for storing customer data.
Get Your Cyber Insurance
To protect your business against catastrophic fines and lawsuits filed against you. Get cyber insurance to keep your business protected. Call us today at Martin Insurance Team in Evergreen Park, IL to find out more.
