Cyber Liability Insurance

Safeguarding Against Data Breaches

You don’t have to be a technology company to have cyber crime worries. Almost all businesses and entities these days have an internal computer network, a website, or some kind of Internet activity that can be targeted by cyber criminals.

What’s more, some companies are even more susceptible than others, such as healthcare organizations that store private medical data and restaurants whose patrons provide credit card information. And cyber crimes are typically not as a result of hackers but due to simple negligence or error, whether it be an employee leaving a laptop with sensitive information at a café, or a medical center improperly disposing old health records in the dumpster.

Standard business insurance policies don’t typically cover liability for activity in “cyber space.” Problems can include privacy breaches, copyright infringement, libel, defamation, transmission of viruses, among others. Not only can you be held liable for damages you cause. Costs associated with notifications and legal help can be astronomical. If you’re in a regulated industry and the government gets involved, your expenses could be even higher.

At DiNicola Insurance Services, we help our clients identify cyber protocols that create a defensive barrier to computer crime, and we offer a variety of cyber liability insurance policies that pay for costs associated with cyber errors and cyber crime, including damages caused to someone by your computer operations, such as:

  • Erroneous transmission of private data
  • Cyber theft of customers’ banking or credit card information
  • Reputational damage your firm might cause to another business or person via a blog post

You can also get coverage for costs you might incur to manage a cyber-related crisis, including legal costs. Additionally, some insurers offer business income coverage under a cyber security insurance policy that aids the policyholder if a network security breach disables income flow.

Back up your cyber barrier with technology insurance.

DiNicola Insurance Services provides commercial insurance, employee benefits, and risk management services in communities throughout the San Francisco Bay area, including San Mateo, San Jose, Alameda, and Marin County, California. To get started on a complete insurance program for your business needs, contact us by phone at 855.247.1912 or by email, or you can complete and send the form on this page.