The David Agency Insurance

Cyber Liability Insurance

Chicago Cyber Liability Insurance

Overview

Nearly all companies have some kind of network, database or online presence that makes them vulnerable for litigation. According to the FBI Computer Crime and Security Survey, over 70% of American companies endanger their financial stability by not having insurance that will cover Internet liability.

The following are some common scenarios for which you can be held liable:

Your employee slanders another company in a blog or social media site, or posts content on the company website that infringes on copyrighted material.
You fail to follow federal or state regulations involving notification of customers whose personal data has been compromised.
A lost or stolen company laptop results in theft of customer data.
You unknowingly pass along a virus or other type of malware to your clients.
The David Agency can help you conduct a cyber risk assessment to identify your company’s risk profile so you can take appropriate actions to eliminate those risks. We can also work with you to determine if cyber liability insurance is an appropriate option.

Coverage is affordable and available to both large and small businesses. You can estimate the cost of recovering from your data breach by using our data breach cost calculator. Make sure that you are navigating this new terrain safely.