Data Breach
Regardless of your size of business, in today's world there's little doubt that a business can be more and more easily targeted for cyber attacks. Ransomware has become commonplace.
Most notably, but not exclusively, cyber and privacy policies cover a business' liability for a data breach in which the firm's customers' personal information, such as Social Security or credit card numbers, is exposed or stolen by a hacker or other criminal who has gained access to the company's electronic network.
To mitigate the risk of civil litigation and other penalties when a data loss or theft occurs, a cyber liability or data breach insurance policy through CH Insurance can provide access to professional assistance to help businesses comply with applicable laws and regulations while ensuring remuneration for business exposure and losses suffered due to a cyber attack.
