cyber liability insurance
pROTECT your business FROM UNSEEN THREATS
In 2020, over 2 trillion data records were compromised — that’s more than 7 million per day; and in the U.S. the average cost per data breach was $3.64 million. These statistics may sound startling, but it’s important to be aware of these unfortunately common and unseen threats.
Reports in the news tend to focus on massive companies, but in reality, the majority of online crimes target small businesses. Large corporations can easily afford the losses from a cyber threat, but to a family-owned business, a critical data breach is much more devastating. It’s not just money or other assets that are taken — it’s your community reputation, customer trust and brand integrity.
Comprehensive cyber liability iNSURANCE
At a time when technology and the risks associated with it affect every person and business that we protect, Society offers leading-edge cyber liability insurance as an option for qualified policyholders. Cyber liability provides comprehensive data security coverage that addresses both first party losses and third party liability claims, breach response services, and claims handling backed by a team of legal, forensic and crisis management experts.
mitigate risk & keep your Business safe
How to Keep Your Restaurant Safe From Cyber Threats
Your business could be the victim of a data breach left to face tremendous financial costs, lost customers and a damaged reputation.
PCI DSS Compliance & Cyber Liability Insurance
Did you know that businesses are required to implement a set of security standards to protect credit card data?
Data Breach & Your Damaged Reputation
Handling electronic data is an unavoidable part of operating any business today, but what would happen if that sensitive information was the target of a cyberattack?