Does Your Business Need Cyber Insurance?

If you own a business, you know that there are many commercial insurance policies that you may need. There are quite a few, which can make it harder to determine which ones you need. Cyber insurance is just one type of commercial insurance. It’s a crucial type for many businesses, and it’s becoming increasingly necessary for businesses of all sizes. If you may need cyber insurance, give us a call at Ed Thompson Insurance Agency in Omaha, NE.

Computer Data

Businesses increasingly depend on computer networks to get business done. Records are being digitized, and several other functions are being transferred to computer systems. When a company has a lot of data in its system, it’s vulnerable to hacking attempts. Businesses of all sizes these days are being targeted and having their data stolen. That data can then be leaked or even held for ransom. It’s often sold to people who have nefarious intentions. This data usually includes personal information for customers and employees, which can be dangerous if it falls into the wrong hands.

Protection Against Risk

With the risk of data theft, it’s essential to be protected against it. That’s what cyber insurance does. With cyber insurance, you have some protection against the aftermath of a hack that steals your data. If you were to lose customer and employee data, your cyber insurance could cover many of the expenses that follow. This includes making remuneration to those whose data was plundered. This can save a business that might have gone under from the weight of those costs.

Securing Cyber Insurance in Nebraska

When you have a computer network full of data, you can protect your business with cyber insurance. To get started, contact us at Ed Thompson Insurance Agency in Omaha, NE, to learn more.