Cyber Liability Insurance

As you begin looking into this crucial insurance for your company, it’s important to note that your pricing and coverage will depend largely on the details of your business, data, security measures, and online presence.

What You Need to Know About Cyber Liability Insurance

You don’t need to be a computer genius to see that cyber-attacks are increasing. Anyone who pays attention to the news has heard about the numerous high-profile hacks that have compromised the personal data of millions of American consumers, leaving them vulnerable to identity theft, mortgage fraud, and other cybercrimes.

According to the most recent Internet Security Threat Report by Symantec, data breaches exposed over 552 million identities last year.

Protect Your Business

A critical component of combating the risks posed by cybercrime and unintentional data breaches is purchasing a cyber liability insurance policy with Webber Advisors. Cyber liability coverage isn’t new, but the need for it is increasing as cybercrime rates rise.

Many business owners don’t realize that cyber insurance often needs to be purchased as its own policy. As you begin looking into this crucial insurance for your company, it’s important to note that pricing and coverage will depend largely on the details of your business, data, security measures, and online presence.

Webber Advisors works with technology companies at all stages, and our practice leaders understand the intricate, emerging products and exposures tech firms face. As a critical partner for technology clients, we provide solutions for a wide range of risks, including specific needs such as professional liability and exposure to business interruption resulting from international manufacturing operations.