17
Jun

Why Your Business Should Have Cyber-Liability Insurance

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Why Your Business Should Have Cyber-Liability Insurance

Did you know that 72% of all data breaches occur in small or medium sized businesses? That’s right – according to the United States Secret Service & Verizon Communications, the majority of online attacks target small to medium sized
businesses.

Many of  these breaches could have easily been prevented by utilizing data security practices like using strong password
protection & setting up email spam filters to remove the bad links. Nonetheless these breaches should be a good indication of why your business should have cyber-liability insurance.

Your current New Jersey General Liability Insurance policy does not cover any losses due to the Internet. Purchasing cyber liability will cover any devices that are damaged due to a cyber
attack or an error by a host. Cyber liability insurance
is a great add-on to your New Jersey General Liability Insurance especially if you own a small to medium sized business.

Think about talking to an agent today about cyber-liability insurance!