If your company stores personal/confidential data, processes payments, sells services or products online, and/or deals with sensitive documents, then it's highly advisable to get cyber insurance.
In fact, any company that has any kind of online presence should have cyber insurance. Some examples would be e-commerce stores (incl. blogshops), cafes (that just have a website - which could be hacked), consultants (who often will have confidential info from clients) - the list goes on.
Imagine you're a consultant, and a hacker steals all your confidential customer data. Your clients could easily sue you for leaking their personal information and trade secrets. Cyber insurance will protect you from such liability. Often, businesses will combine cyber insurance with other coverage. Examples include a business package insurance policy (all-in-one policy that covers fire, public liability, money loss, etc.), and professional indemnity insurance.
You can get cyber insurance quotes here. Save up to 25% on your premiums when you purchase cyber coverage with Provide.
If your company stores personal/confidential data, processes payments, sells services or products online, and/or deals with sensitive documents, then it's highly advisable to get cyber insurance.
In fact, any company that has any kind of online presence should have cyber insurance. Some examples would be e-commerce stores (incl. blogshops), cafes (that just have a website - which could be hacked), consultants (who often will have confidential info from clients) - the list goes on.
Imagine you're a consultant, and a hacker steals all your confidential customer data. Your clients could easily sue you for leaking their personal information and trade secrets. Cyber insurance will protect you from such liability. Often, businesses will combine cyber insurance with other coverage. Examples include a business package insurance policy (all-in-one policy that covers fire, public liability, money loss, etc.), and professional indemnity insurance.
You can get cyber insurance quotes here. Save up to 25% on your premiums when you purchase cyber coverage with Provide.