“TJX data breach: At 45.6M card numbers, it’s the biggest ever” (Computerworld.com, 2007)
“2012 Sets New Record for Reported Data Breaches” (Riskbasedsecurity.com, 2012)
“Target Data Breach Spilled Info On As Many As 70 Million Customers” (Forbes.com, 2014)
Year after year the headlines have become more and more alarming. Each new data breach seems to be larger and more far-reaching than the one before. As a business owner, if these escalating cyber security issues have not spurred you to take action to protect your business, then perhaps the costs incurred by the breached companies will do the trick. Target for instance incurred more than $250 million in breach-related losses.
Now, your company may be a “David” compared to the Goliath companies we are talking about, but it’s critical to note that, with more and more regularity, hackers are targeting companies with fewer than 100 employees. Today, any small, mid-sized, or large business that handles or stores private customer, patient, or employee data would be wise to not ignore the inherent risks.
Do we have your attention yet? Dowling Insurance wants to assure you that as our client you will be in great hands when it comes to managing your Cyber Liability insurance needs. Our team is well-versed in the multiple forms that a data breach can take, including the loss, theft, accidental release, or accidental publication of information such as social security numbers, bank account numbers, credit or debit account numbers, driver’s license numbers, and patient histories and medications.
What types of businesses do we recommend carry a specific Cyber Liability policy? Dowling Insurance has worked with many different kinds of organizations to protect their customers’ and employees’ information, including restaurants, healthcare practices, non-profits, retailers, law and accounting offices, and financial Services. We help find the best cyber liability insurance policies for businesses in Greater Boston, Cambridge, throughout Massachusetts, and across New England.
Designing the proper Cyber Liability policy requires in-depth analysis of your business and how you might be susceptible to a breach. Thus, you need an insurance agent that is willing to spend the necessary time evaluating your specific needs and risks. The team at Dowling Insurance will ensure you understand the details of your coverage and, should your business experience a data breach, assist you in recovering any expenses incurred, restoring your business’ reputation, and finding a solution to prevent any future exposure. This is what we call The Dowling Difference. For more information, please call us at 781-848-7652 or fill out our online Get a Quote form.