As more and more businesses rely on technology to store and manage sensitive information, the risk of cyber attacks and data breaches continues to grow. Cyber liability insurance is designed to protect businesses from the financial damages of a cyber attack, including the cost of data recovery, legal fees, and lost revenue due to business interruption.
At Fox Insurance Group, we understand that no business is immune to cyber attacks, and the consequences of a breach can be devastating. That’s why we offer customizable cyber liability insurance policies to fit your specific needs and protect your business from the risks of cyber crime.
Our cyber liability insurance coverage can provide protection against a wide range of cyber risks, including:
Data breaches: If your business experiences a data breach, our coverage can help cover the costs associated with notifying affected individuals, credit monitoring, and regulatory fines.
Cyber extortion: If your business is the victim of a cyber extortion attempt, our coverage can provide the funds necessary to pay the ransom and get your business back up and running.
Business interruption: If a cyber attack or data breach disrupts your business operations, our coverage can provide financial protection for lost revenue and extra expenses incurred during the interruption.
Cyber liability lawsuits: If your business is sued as a result of a cyber attack or data breach, our coverage can help cover the costs of legal defense, settlements, and judgments.
At Fox Insurance Group, we work with you to determine the right amount of coverage for your business, based on your unique risks and exposures. Our team of experts is always available to provide guidance and support in the event of a cyber attack, so you can get back to business as usual.