If your company handles or uses digital information, such as customer or employee data, you need to consider the value of cyber insurance before it is too late.

If you do not have a cyber insurance policy, your business could be solely responsible for all damages and costs that are necessary in order to recover from a data breach, virus, or other type of cyber-attack.

Cyber-attacks can be defined as illegal attempts to damage or destroy a computer network or system. From the millions of attacks launched by hackers every day, some of them succeed in breaching security systems and access companies’ data. Another growing concern is that more and more breaches come from a company’s own employees.

One Broker provides customized coverage that addresses the specific risks your business is currently facing, as there is no one-size-fits-all cyber risk insurance solution.

Coverage Highlights

One Broker helps you get cyber risk insurance covering first and third- party financial losses resulting from cyber-attacks and supports you from every angle – pre-breach, during and post-breach.

Our cyber experts will help you identify the cause of the data breach, contain the breach from spreading, mitigate the consequences and risks and return to your normal business operations.

Cyber insurance coverage typically includes:

• data loss

• business interruption

• computer fraud

• cyber extortion

• legal fees and expenses

• costs of notifying customers

• restoring personal identities of affected customers

• recovering compromised data

• repairing damaged computer systems

If your company falls victim of a cyber crime, you will benefit from the following services to get you through the crisis:

1. Forensic computer analysts to identify and stop the threat quickly

Forensic specialists are key to solving the breaches fast and minimizing risks, being familiar with the latest methods hackers use to commit fraud. Once the breach is stopped, analysts work to restore security and prevent further interruptions.

2. Specialized lawyers to advise on incident management and regulatory compliance

Experienced lawyers can help you navigate the complex circumstances your company is facing by providing you accurate legal advice and compliance recommendations.

3. Public Relations experts to manage communications

While you are making sure that customers and employees are protected, you also need to think about your company’s reputation and what information is released to the media. Public Relations specialists make sure the image of your business is not further damaged and compromised.

Data breaches could be the most challenging type of crisis you might have to face. However, it is in your control to get the right protection and coverage for your liability, as well as the right experts on your side to make sure you manage everything professionally.

Reach us at One Broker to get all the information you need and support from beginning to end.