Hiscox Description
Hiscox can help protect your business against hackers and malware with cyber security insurance for small-businesses. Cyber security insurance protects businesses from computer-related losses and crimes. This includes targeted attacks such as malware, phishing, and the occasional misplaced laptop containing confidential information. You may be responsible for the cost of notifying the affected parties and providing credit monitoring even if the data was not exploited. A ransomware demand could cause you to lose your business or result in a phishing attack. Cyber insurance policies are designed to protect privacy, data, as well as network exposures. There are many regulations and statutes that govern the use and protection cyber security information. Notification requirements for breaches of this information also continue to grow.