Cyber Liability Insurance for Commercial Businesses
In today’s electronic world, Cyber-crime is a significant risk for any business. Whether your commercial business is big or small, the risks simply cannot be ignored.
Depending on the nature of your business will depend on the extent of the risk, but essentially all business owners need to take appropriate measures to protect their customer data, their electronic systems, including website, marketing platforms and email and their reputation.
Whilst there are security measures that can be utilised within your business to protect your hardware and software from incidents such as viruses, hacking and identity fraud, if you do experience a Cyber-attack, your business could also suffer financially.
E-risks insurance protects your business against losses arising from Cyber related crime and ensures you are able to cover costs such as compensation for customers if their data is breached.