Cyber Liability Insurance in Jenks, OK

Email, cloud storage, video conferencing, artificial intelligence and many other recent technological advancements have all helped augment workplaces and enhance businesses’ capabilities. However, these tools can also require careful reassessment of relevant risks and exposures. Digital threats, including cyberattacks and data breaches, must be addressed with suitable insurance.

What Is Cyber Liability Insurance?

Also known as cyber insurance and data breach insurance, these policies have become a staple of many businesses’ loss control measures, regardless of size or industry. Even companies that may have previously relied primarily on manual labor and tangible assets now often rely on digital solutions to streamline operations and tackle new tasks. When cyber incidents disrupt these key aspects of your company, cyber liability insurance can offer critical financial aid.

What Can My Policy Cover?

Cyber liability insurance payouts may be available to your business in response to many common digital incidents. For example, if a cybercriminal successfully breaches your systems using a phishing message, you might receive financial aid to limit out-of-pocket consequences. Similarly, your policy could also help manage the fiscal implications of a malware infection or ransomware attack.

In response to various cyber incidents, your coverage may issue financial assistance for managing the following losses and expenses:

• Breach notification costs, such as those needed to inform clients and other parties that their information may have been compromised
• Hiring outside help, including digital forensics investigators, public relations firms and IT contractors
• Business interruption losses, including recouping revenue you were projected to earn if not for having to deal with the cyber incident
• Legal costs, such as attorney fees, settlements and judgments, should affected parties sue your business

How to Get the Right Coverage Near Me

If you’re looking for a reliable cyber liability insurance policy in Jenks, OK, contact HBI Insurance today for a free quote.