IDENTITY THEFT & DATA BREACH
Why Is Identity Theft & Data Breach Insurance Critical For You
Latest statistics show there were more than 850 major data breach incidents in a single year; 174 million records were compromised. Thousands more organizations lost data to hackers and opportunists.
In a health sector survey, 94 percent of polled organizations suffered at least one data breach in the prior two years. The average price tag for cleaning up and compensating victims was $2.4 million.
So, how do you rate your chances of getting snared and surviving? Are you protected with reliable Cyber Insurance?
The fact is that as digital data collection and storage soars -- the switch to electronic medical records is a prime example -- so does the risk of that data being compromised.
There are lots of things you can do to protect yourself and reduce the risk. High on your list of priorities though should be Cyber Liability Insurance from Schweickert & Company, located in California.
The Schweickert & Company’sIdentity Theft & Data Breach Program
We've been protecting businesses and healthcare organizations throughout the western United States for almost 35 years, with an unrivalled reputation for service, support and value. In the case of Cyber Security Insurance, as with many other specialist Business Insurance plans, that includes complimentary risk management guidance.
The Schweickert & Company Identity Theft & Data Breach Insurance program is built on experience and expertise in this fast-growing sector, with both standard provisions and additional options for high value data and specialist data service providers.
This is critical because, in this relatively young area of security, new risks constantly arise and you need to be able to count on experts who know these risks and understand how they might apply to your organization.
Identity Theft & Data Breach Insurance Program Features
Features of your Cyber Liability coverage can include:
• Coverage for the impact on your own organization of data loss, including valued operational data loss, incident management and business interruption.
• Coverage for regulatory notification compliance and associated costs.
• Breach of client and employee privacy liability.
• Liability for transmission of computer viruses and other malware
• Infringement of domain names and data copyright.
• Costs for damage limitation programs, including media activity.
• Protection against computer theft, extortion, errors and omissions.
In some business scenarios you may be required to undergo data security audits or provide Cyber Insurance certification to clients. We can help you with that. And if you ever need to make a claim, Schweickert & Company's team of insurance experts can answer your questions, help smooth the process and get you back on an even keel as quickly as possible.
Because Cyber Liability Insurance is a relatively new field, you also want to be sure that you're paying a competitive rate for your protection and that you're not paying for coverage you don’t need.
Competitive Cyber Security Insurance Rates
At Schweickert & Company, our experience and our reputation means we can secure some of the lowest rates possible, and our coverage is customized precisely to the needs of your business. We monitor both your needs and the changing regulatory environment to ensure you're always properly protected.
So, even if you already have Cyber Liability Insurance, you may we can offer a better service, more comprehensive tailored coverage and a better price. Our experts will review your existing coverage at no charge.
In fact, whether you're renewing or just starting out with Cyber Security Insurance, you could save time and money by using our Free Quote request button on this page. There's absolutely no obligation but it's critical that you act now. Don’t wait until it's too late.