Is Cyber Insurance Needed For Your Business?

Cyber crime is the fastest growing crime in the world, but most attacks are not covered by standard property or crime insurance policies. Systems are critical to operating your day to day business but their downtime is not covered by standard business interruption insurance. Data is one of your most important assets yet it is not covered by standard property insurance policies. Portable devices increases the risk of a loss or theft.

Third party data is valuable and you can be held liable if you lose it. Complying with breach notification laws costs time and money. Retailers face severe penalties if they lose credit card data.  Social media usage is at an all-time high and claims are on the rise.  It’s not just big businesses being targeted by hackers, but lots of small ones too.

Your reputation is your number one asset, so why not insure it?

Emerging businesses and entrepreneurs have different needs than long standing firms and they require a risk management plan that is scalable as a new entity grows. Various types of business insurance are required by law, while others are recommended for your particular industry. Consultants, entrepreneurs and startups are just as much into facing unknown risks as small businesses & industry experts. Comprehensive cyber policy will safeguard from financial ruin in facing cyber attack regardless of the industry and the size of your business!

BlackFire takes pride in providing free, no obligation multiple cyber insurance quote along with cyber security report. With just a few pieces of your business information, you will get instant pricing comparison from multiple insurers!  We also keep cash flow of every business in mind and offer multiple payment options to suit your need.

Not sure if your current business insurance have sufficient cyber coverage or what insurance you should have as a part of your business insurance solution portfolio?  Simple!  Connect with us for your complimentary business policy review of cyber & data breach insurance  along with other business coverages.  Talk to us and get started.