All it takes is one cyber attack to devastate a business.
$5.85 million. That's the average total cost of a single data breach in the U.S. How would you fare if your organization was targeted? And not just by savvy hackers hitting your networks. The damage could occur even from a stolen or lost laptop that ends up in the wrong hands.
The amount of coverage your business or organization needs depends on your level of risk.
Maybe your company collects credit card information for online sales. Or, you maintain a data base of personal information for lead generation. Just about any organization that uses technology to do business faces cyber risk. Which is all of us! And as technology becomes more complex and sophisticated, so do the threats we face – which is why every business and organization needs cyber liability insurance.
Luckily, Travelers has specialized cyber coverages and risk solutions that can help organizations be protected and prepared.
Visit travelers.com/cyber : Traveler's website designated to helping you understand your cyber coverage options.
Please call me with any questions or to review your coverage options.