Small businesses have enough to worry about without a hacker opening them to litigation for losing their customers’ personal information. An online presence is the lifeline of a small business, but that presents specific problems. Pismo Beach, CA’s Neff & Associates Insurance Services Inc. wants small business owners to know about cyber insurance.
For example, what could you do if a hacker locked your computer screens while deleting your files? Backing up your information is vital to your small business’ longevity. Cyber insurance can help. What would happen if you turned on your computers upon opening your business only to find a ransom screen on your monitors? Don’t panic; cyber insurance can help.
Who Needs Cyber Security Insurance?
Rest assured, every business "Big Boys" has such insurance. They have more to lose. If a hacker got hold of their records, small companies could be wiped out, so cyber insurance could be a lifeline.
You need cyber insurance if you:
• Store important information on computers, such as customer information and how it pertains to your service or product.
• Have a substantial customer base.
• Enjoy high profits from or simply because you have expensive digital resources.
What Kind Of Coverage You Need
Cyber insurance includes first-party coverage, which covers everything pertaining to you. Investigation lost revenues due to business closing and alerting customers while providing them with anti-fraud resources. Liability coverage takes care of court costs and settlements. These are the basics, so ask your insurance carrier for more specific products.
You didn’t go into business for any reason other than selling what you believe in and making a profit so you could take care of your family. Pismo Beach, CA’s Neff & Associates Insurance Services Inc will help with cyber insurance when you call or drop by to learn more about it.