Cyber & Privacy Liability
The average cost of a data breach PER RECORD:
Intellectual Property: $178
Employee Data: $168
Customer data: $160
A “record” refers to any single piece of compromised data, like a name, Social Security number, or home address so you could have 100 pieces of data for each customer!
Cyber attacks can happen to any size business at any time, and it’s more important now than ever before to protect your agency with cyber liability and privacy coverage.
Without coverage, you could lose your business because of:
- legal fees, credit monitoring services for affected customers, data restoration fees and extortion requests;
- Misstep without guidance on communicating with customers and regulators;
- Reputational damage.
It’s easy, inexpensive & valuable! To get a quote contact EandO@WaInsurance.org