It can happen in every industry, and any business, of any size.
It happens every day. Cyber fraud is fast-paced and can be financially devastating. But it’s not just electronic exposure that puts you at risk. Privacy breaches that take place offline open organizations up to other high-impact data vulnerabilities.
General liability insurance is no longer enough for most businesses. And crime policies alone don’t always cover cyber intrusions.
Cyber and privacy liability insurance, in addition to a modern crime policy, have become an integral part of corporate risk management programs. If you don’t have the right mix of coverage, the stakes can be high, blazing a trail of economic losses and reputational damage. Today’s best practices call for a proactive approach to in-house prevention protocols and insurance protection. Having a comprehensive and customized plan in place is critical to recovery. Find out what you need to know to assess your risk and fortify your defenses.
Download M&T Insurance Agency, Inc Risk Management Spotlight: Cybersecurity and Privacy Liability (PDF).
Insurance products are offered by M&T Insurance Agency, Inc., not by M&T Bank. MTIA is a wholly owned subsidiary of M&T Bank.
This article is for informational purposes only and is not intended as an offer or solicitation for the sale of any financial product or service. It is not designed or intended to provide financial, tax, legal, investment, accounting, or other professional advice since such advice always requires consideration of individual circumstances. If professional advice is needed, the services of a professional advisor should be sought.