What's at Stake?
Cyber events can have a significant impact on your customers, your employees and your bottom line.
Think it can never happen to your business...consider these events:
- Your employee accidentally - or deliberately - sends an email containing private customer information.
- An employee laptop or smartphone containing private customer information is lost or stolen during travel.
- A credit card company calls to inform you that credit cards used at your business where compromised through your point of sale system.
- A hacker gains unauthorized access to your network and steals private customer and employee information.
What would a cyber event cost your company...consider these expenses that could result from a data breach or attack:
- Forensics and investigations
- Victim notifications
- Retrieval or restoration of data
- Crisis management
- Public relations
- Lawsuits
- Loss of customers
Businesses and organizations of all sizes at risk for a cyber attack or data breach. Even the most sophisticated systems have vulnerabilities and the human element of lost laptops, misplacing a paper file or opening an email attachment can affect your company. As no system is fool proof there is a need for cyber insurance to cover expenses associated with a breach. Travelers offers cyber insurance solutions that provide coverage and resources to help your business address the potentially devastating impacts of a variety of cyber events.
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