Tips for Cyber Liability Insurance in California

cyber liability insurance california

Smart business owners secure their company with cyber insurance in California.

With the rise of technology comes a growing risk of data breaches and cyber liability lawsuits. While you may have thought your computers were safe behind locked doors, this is certainly not the case anymore. All businesses are at risk of cyber attacks, be sure to secure yours with cyber insurance in California.

What Are the Risks?

Skilled hackers are now able to tap into devices within seconds, gaining instant access to sensitive data, emails, online bank accounts, employee records, and everything in between. If important information was to fall into the wrong hands, you could lose the business and trust of vendors, clients, guests, and your employees.

  • Liability
  • System Recovery
  • Notification Expenses
  • Regulatory Fines
  • Class Action Lawsuits

Cyber Liability Insurance Coverage

To protect your business from data breaches, cyber liability can step in should an incident occur. A policy can cover several types of risk, including:

  • Loss or corruption of data
  • Business interruption
  • Multiple types of liability
  • Identity theft
  • Cyber extortion
  • Reputation recovery

With your cyber liability insurance at hand, your business can protect against any possible risks with daily practices to prevent attacks and lower risks. You may be able to limit your cyber liability risk by:

  • Installing, maintaining, and updating security software and hardware
  • Contracting with an IT security services vendor
  • Using cloud computing services.
  • Regularly backing up data to a secure offsite location.

Protecting your business has never been easier with Chambers & Company Insurance Brokers! Our expert insurance professions allow you to receive optimum cyber liability insurance coverage for your business!

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