It can happen in every industry, and any business, of any size.
It happens every day. Cyber fraud is fast-paced and can be financially devastating. But it’s not just electronic exposure that puts you at risk. Privacy breaches that take place offline open organizations up to other high-impact data vulnerabilities.
General liability insurance is no longer enough for most businesses. And crime policies alone don’t always cover cyber intrusions.
Cyber and privacy liability insurance, in addition to a modern crime policy, have become an integral part of corporate risk management programs. If you don’t have the right mix of coverage, the stakes can be high, blazing a trail of economic losses and reputational damage.
Today’s best practices call for a proactive approach to in-house prevention protocols and insurance protection. Having a comprehensive and customized plan in place is critical to recovery. Find out what you need to know to assess your risk and fortify your defenses.
Download M&T Insurance Agency, Inc Risk Management Spotlight: Cybersecurity and Privacy Liability (PDF)