Cyber liability insurance provides coverage to help protect businesses from data breaches and other cyber security issues. In todays world it is no longer a question of “if” your organization will suffer a breach, but rather “when.” At Skipworth we have access to multiple carriers with a slew of cyber insurance options which provide access to tools and resources to manage and mitigate cyber risk both pre and post breach.
01. IDENTIFY RISKS.
Your risk assessment must take into consideration internal, external, industry and geographic factors in order to properly structure your coverage.
All cyber policies are not created equally, and you don’t want to find out too late that something is not covered. Know what is included, and what is excluded before there is a problem.
When an attack or breech is discovered response time is critical. Having the right team behind you to shut down access and perform a forensic investigation is vital.