Small Companies at Risk of Data Breach

Small companies are at risk of hackers and resulting data breach exposure, and should be buying Cyber Risk coverage, according to Markel (see here).

Although the thefts of records at large corporations such as Sony have garnered headlines, hackers are finding it simpler going after small-to-midsize companies

Cyber Risk insurance is easy to obtain, provides broad protection and is inexpensive (see here, and our prior post here).  Our range of markets can provide Cyber Risk and Technology Professional Liability to all types of technology exposures.

Specialty Insurance Expertise: Tennant Risk Services
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Comments

[Jared Balis]

Small businesses are definetely at risk for hackers. I think this is a great add-on policy for a company with important data that's at risk. Agents should definitely be presenting this to their small business P&C clients.