Cyber Liability Insurance
Malware, phishing, social engineering, data breaches, and ransomware – these and other types of cyberattacks impact every type of business across all industry sectors. No business large or small is immune from cyber threats today.
At Baldon Group, we offer clients Cyber insurance to protect against bad actors looking to disrupt an operation and damage its reputation, steal confidential employee or client information for profit, and extort a business for monetary gain. We can tailor a policy to fit your business and industry-specific cyber needs.
Inside Cyber Coverage
A Cyber policy can be designed to include:
- Legal expenses
- Data restoration
- Public relations expertise
- Defense and settlements for third-party liability due to a cyber incident
- IT forensics
- Breach notification to customers
- Credit monitoring and identity restoration
- Legal expenses, fines, and/or penalties incurred due to a regulatory investigation by government
- Negotiation and payment of ransomware demand
- Call center setup
- Business interruption as a result of cyber loss
Cyber policies vary therefore it’s important to work with an expert to get the best policy-fit for your company. We are ready to go over what’s available in the market and put a plan together for your organization.