Cyber / Data Breach Insurance
from The Reis Group
We're Here for You
“If you haven’t suffered a data breach you’ve either been incredibly well prepared, or very, very lucky. Are you incredibly well prepared?” (Source: Verizon’s 2017 Data Breach Investigations Report Executive Summary)
According to Cisco Midyear Cybersecurity Report findings, “…we find we must raise our warning flag even higher. Our security experts are becoming increasingly concerned about the accelerating pace of change—and yes, sophistication—in the global cyber threat landscape”.
(Source: Cisco 2017 Midyear Cybersecurity Report)
“No one thinks it’s going to be them. Until it is.”
Our Commitment To Serve You
Most organizations understand that personally identifiable client, employee and business-partner information is a target for criminal attack, and that their organization’s handling of that information leaves it open to liability claims. However, many organizations are unaware of the frequency of those attacks, the exclusions found in existing insurance policies, and the potentially devastating effects of business expenses related to:
- Systems Remediation
- State, HIPAA and PCI requirements regarding the notification of individuals affected by breaches of personally identifiable information
- Regulatory fines
- Credit card reissuance
- Identity theft repair / monitoring
- Legal defense
- Public relations
- Lost business
Where to Find the Best Value
The Reis Group works with each commercial client to find the best option for Cyber/Data Breach insurance value and protection. We’ll explore options available through highly-rated insurance carriers in order to find the right policy for you. Call us to today to learn more or to request a proposal.
Helpful Cyber Risk Management Resources
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