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Small Business Cyber Insurance - Why is it Smart for You?

These days, all businesses who utilize mobile payments and/or credit card payments need to have

cyber insurance. A Cyber Insurance policy can help you recover unknowingly placing your business at financial risk.

A data breach is what most of you have read or heard about in the news. But there is so much more exposure which needs to be discussed.

Network Security coverage protects your business in the event of network security failure, which can include data breach, malware infection, cyber extortion, ransomeware, or business email compromise. Often times, the coverage will help with:

Legal Expenses

IT Forensics

Negotiation and payment of a ransomeware demand

Data restoration

Breach notification to consumers

Setting up a call center

Publice relations expertise

Credit Monitoring and Identity Restoration

It can also include, Network Business Interruption, Media Liability, Privacy Liability, Errors and Omissions, Social Engineering, Reputation Harm, Bricking......Quite a bit a coverage eh? All of these possibilities aren't really felt until it hits you in real time.....then, it can be a real time business saver.

Smaller businesses face an even greater risk because they often lack the funds to invest in the proper software and IT to keep hackers away. Then, when a breach hits, they don't have the resources to cover the costs of restoring their computer systems or surviving the businesses income losses.

Most of the Cyber Insurance policies have the ability to be custom fit to YOUR business. It is most important for you to completely understand what YOU would need versus what is being offered. Just like with all of your business decisions, make sure you make the right choice for your business.....but make sure you DO something.

If you need any help or information at all, just contact us at 909-481-7223 or email us at: You can also check further with Compliance & Safety First for any other Safety or Compliance issues you may have.

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Tel: 909-481-7222
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DELANEY Insurance Agency, Inc.

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