Protect Your AZ Business’s Sensitive Information With Cybersecurity Coverage

by DAVIS BROWN PRC Agency

Are you protected from cybercriminals? If you own a business, you definitely need to be protected from various cyber liabilities!

Insurance Brokers of Arizona in Gilbert announces its cyber liability insurance policies. The policies protect you from various cyber threats and cover losses from a security breach.

Learn more at https://insurancebrokersofaz.com/cyber-liability-insurance

The newly updated insurance options feature several new provisions that allow you to protect your sensitive information and find peace of mind that your assets are financially protected. According to the Insurance Brokers of Arizona, it has become particularly important during this time that business owners purchase cyber insurance.

New data shows that the threat of cybercrime has increased due to more people transacting their businesses online. To adapt to this phenomenon, Insurance Brokers of Arizona offers coverages for network and informational security liability, regulatory defense expenses, and funds transfer fraud, among others.

Still, the agency notes that there is no “one-size-fits-all” policy for companies. Each business is unique, and the group tailor fits its coverages for you. This is why they ask you to schedule an initial assessment with them first so they can determine the best policy for you.

All cyber insurance policies cover data breaches. Based on the latest financial reports, more than 50% of small businesses have experienced some form of a security breach. Experts note that a data breach can not only affect your business operations but also damage the reputation of your company. Customers are less likely to use the services of a business that has low cybersecurity.

A cyber insurance policy can mitigate these risks and protect you from financial loss. You’re reminded that cybercrimes are usually not covered in general liability insurance, which more businesses are required to have.

A spokesperson for the company said, "Most businesses today face a threat of data breach, computer hacking, or a stolen smartphone containing sensitive information. As a business owner, it is important that you not only understand your risks but protect your business from this threat with an insurance policy designed to provide a combination of coverage options."

Don’t know if this is the right policy for you? Call Insurance Brokers of Arizona today to speak with an experienced broker.

Go to https://insurancebrokersofaz.com/cyber-liability-insurance so you can learn more!