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Coughlin Cyber Liability insurance
protects your business

Cyber Attacks are costly,
and things are getting worse.

Cyber crime costs organizations $2.9 million every minute, and major businesses lose
$25 per minute as a result of data breaches, according to RiskIQ research. According to
the Hiscox Cyber Readiness Report 2021 the average financial cost of cyber attacks
to a US small business over 12 months is $25,612. No matter the size of your company,
threats against your data and identity theft loom ominously.

Yes, I need more information about how Cyber Liability insurance can protect me if I'm attacked.

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THE FINANCIAL LOSS COULD BE DEVASTATING

If your confidential data were accessed, you could be facing more than $25,000 in costs!

In the past 12 months, 23% of small businesses suffered at least one cyber attack, with an average annual financial cost of $25k. Costs include legal counsel, IT forensics, customer notification, customer call center support, credit monitoring and public relations expenses. This cost does not take into account the enormous customer losses that could negatively affect your revenues for a long time.

COUGHLIN CYBER LIABILITY INSURANCE PROVIDES COVERAGE FOR:

Privacy Liability: Fills the gaps between state and federal-specific definitions after a data breach

Privacy Regulatory Claims: Legal defense expenses, fines and penalties assessed by federal, state and local authorities

Security Breach Response: IT forensics, customer notifications, PR and credit monitoring services

Security Liability: Addresses the human element and allegations of a "Security Wrongful Act"

Multimedia Liability: Defamation, libel, slander, copyright and more

Cyber Extortion: Expenses and payments (within limits) to a harmful third party to avert potential damage

PCI-DSS Assessment: Compliance assessments and expenses involving cardholder information

Cyber Deception Extension: Extensions respond to an intentional or misleading material facts contained or conveyed within an electronic or telephonic communication(s) that are believed to be genuine

Business Income and Digital Asset Restoration: Provides for lost business and earnings, expenses and digital-asset restoration costs

DID YOU KNOW?

The cost of Cyber Liability Insurance is a small investment
when you consider the average cost of a data breach.

Yes, I need more information about how Cyber Liability insurance can protect me if I'm attacked.

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178 Myrtle Boulevard, Floor 2, Larchmont, NY 10538
Toll Free : (800) 542-0661 Tel: (914) 834-1234 Tel: (212) 593-0200

 

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