Are You Having Difficulty Understanding the Importance of Cyber Liability Protection?
Cyber breaches are on the rise and taking longer to resolve. For businesses that experience a cyber breach, it takes an average of 14 days to resolve the attack and costs an average of $17,696 per day.¹ In spite of this, you may be find you don’t realize just how important cyber liability protection can be. You may even be noticing that there’s a general lack of awareness about the exposure; how cyber policies work; or perhaps even assumptions that existing policies will provide coverage for this type of risk.
We’ve created a short video about cyber liability protection to help address some of the common misconceptions about cyber risk.
The video will help you develop a basic understanding of cyber risk, the types of companies that are commonly exposed, what happens when a company faces a breach and the importance of having cyber liability coverage to protect your business.
The Hartford’s Cyber Liability Solutions
The Hartford has cyber liability solutions for business of all sizes. To learn more about our offerings, check out our other marketing tools on cyber coverage for technology and life science companies as well as non-technology companies.
For Technology and Life Science Companies
- Cyber Risk Podcast – Listen to The Hartford’s Joe Coray, Vice President of Marine, Technology & Life Science, as he discusses The Hartford’s cyber coverage solutions for technology and life science companies.
- FailSafeTM Coverage Analyzer – The Hartford’s FailSafe suite of technology professional liability products offers flexible coverage solutions for your clients’ errors and omissions exposures. Use this coverage analyzer to compare the benefits of addressing your clients’ cyber risk with our FailSafe suite of products.
- Cyber Risk Questions to ask Technology Clients – Asking the right questions is important to help evaluate your client’s exposure. These questions can help you identify a potential cyber exposure and open a discussion with your client.
For additional information, contact Fogle Insurance Group, your Technology & Life Science Practice underwriter.
- CyberChoice Overview Guides – The Hartford’s CyberChoice suite of professional liability products is designed for non-technology companies across a broad spectrum of industry classes. The CyberChoice suite offers coverage options for a broad range of common third party and first party risks of small, medium and large companies. Learn more with the CyberChoice 1.0SM Overview flyer and CyberChoice 2.09SM Overview flyer.
For additional information, contact Fogle Insurance Group – your Hartford Financial Products underwriter.