Specialty Insurance

Cyber security insurance: Creating a data safe zone

By June 26, 2019 No Comments

Cyber security is extremely important to modern businesses. Malicious entities no longer have to find their way into your physical office in order to steal proprietary information from the company. They simply move in through the back door – an unprotected cybersecurity environment provides all of the room they need to get things done.

Businesses have been hit to the tune of billions of dollars in the past few years alone. Even companies that are specialists in tech need the benefit of third-party expertise when it comes to cybersecurity insurance. Here are just a few of the reasons that the right kind of insurance creates a safe zone for your proprietary data and customer information.

The ability to rebuild

One of the most important aspects of any digital protection strategy is the rebuilding phase. If your data is compromised or stolen, you need the ability to get back in a timely fashion. People will not stand for a business that does not make its way back into full functionality quickly. Competitors are literally only a click away.

Upgraded hardware and software

If your cybers ecurity package does not function as it should, then you need the money to replace them with better options. As you are rebuilding, the security industry will likely have new and improved options for you to choose from. Technology moves at such an accelerated rate that cyber security cycles do not take long to implement. Insurance can be sure that you come back on the industry standard instead of having to simply replace your security package with the one that caused the problem in the first place.

Composing a cyber security structure

Information is not the only thing that hackers can steal when they get into your system. They can also destroy your structure, making it impossible to build up a proper security hierarchy in the future. You need the funds to rebuild that structure if it is compromised. This can usually only be accomplished through the appropriate amount of insurance.

Insurance for your cybersecurity keeps you from having to dig into your own pocket for unexpected emergencies or mistakes. Keep in mind that a digital back door can be opened from a single phishing email. Instead of playing the game of luck, make sure that you protect your proprietary information and customer data with the right cyber security insurance.

This is the only way that you can create a safe zone that your customers and employees can trust. It is also the only way that you can future proof your business against the threats that are sure to come down the road. 

When you are ready for a cybersecurity insurance package that works, call the dedicated experts at Brashears Insurance.