Statistics show that there is a cyber-crime every 30 seconds. As the frequency and sophistication of these attacks increase, it is no longer a matter of if you will be attacked – but when. Cyber security is the protection of your hardware, software and data from attacks, damage or unauthorized access. It applies to your smartphones, devices, computerized systems, networks and data centers.
Businesses of any size can be affected. In fact, smaller businesses are often at greater risk. A data breach can have a detrimental effect on your reputation and financial stability. Imagine the impact on your business having to tell your clients their personal data was stolen? – As of November 1 st , 2018, new privacy rules came into effect whereby Canadian companies must disclose data breaches – failure to do so can lead to hefty fines up to $100,000 per violation.
At The Hull Group, we understand the insurance products available to protect you against cyber risks. We also know who to contact in order to get you a cyber risk assessment that will assist you in identifying, analyzing and evaluating your exposures. In addition to cyber insurance, there is also an ongoing security option that will help you prepare, combat and recover from a cyber breach.
Make sure you know your cyber risks and have the right security in place to ensure you and your customers are protected.
Let our experts at The Hull Group get you the right protection – we have you covered.
Click below to find out more information about our commerical insurance services, and how The Hull Group can make the difference for your company.