Introduction 

According to the Identity Theft Resource Center, businesses experienced 571 breaches in 2018, exposing over 415 million employee and customer records. When looking at this, the potential for you or your company to be breached has a very high possibility when not owning the proper cyber liability insurance. Cyber liability insurance, sometimes short for cybersecurity, privacy, and media liability insurance, helps your company respond in the event of a cyberattack or data breach. If your network or computer systems are hacked into or corrupted by a virus cyber liability insurance can be essential for you. 

Introduction to Professional Liability Cover 

There are numerous ways that cyber breaches occur. Hackers can send fake phishing emails or even plan multiples ways to trick others into entering private information. While there are certain measures to avoid, any such issues that occurs will be given the slightest change. It is best to ensure that we maintain a safety net. This ‘safety net’ for many of the business will be the Professional Cyber Liability Insurance Cover. What does this cover protect, you ask?   It protects the business against cyberattacks is with strong internal safeguards.  

Introduction to CIII Professional Liability Insurance Cover 

It is critical that we obtain such a professional cyber liability cover that would allow for the company to function normally without the worry of financial liability and breaches. This is why the coverages provided by CIII Insurance service are important. These coverages would include repairing any damaged software or hardware, protecting the company’s reputation with a marketing and public relations response and costs, such as paying for credit monitoring for customers. Therefore, you must ensure that a professional liability cover is intact for your business.  

Call to Action 

Whether it be the Professional Cyber liability insurance, standard home insurance, Auto insurance or business insurance, our industry leading professionals are here to help you. CIII Insurance Services is more than happy to help you save your time and money, let us know!