Cyber Risks Insurance

cyberWhy We Need Protection- In today’s data-driven world, organizations of all sizes have had a cyber-attack or data breach, with 34 percent of incidents affecting businesses with fewer than 250 employees. It’s not a question of if your organization will suffer a breach, but when. Just one stolen laptop, one resourceful hacker, one virus or even one lost paper record of customer data or your company’s financial records can create enormous financial and reputational consequences for your business.
FITCyber-Health-Insurance-FITFITCYBER coverage is available for organizations of all sizes, from small businesses to large nonprofit organizations. Offered as a stand-alone policy or as part of a comprehensive suite of other liability coverages, FITCYBER provides a combination of coverage options to help protect your business.
Insuring agreements cover first and third party expenses such as material costs of a breach, including forensic analysis, credit monitoring, fees to determine the nature and extent of the breach, as well as notification costs that are legally mandated in 47 states and include:

Crisis management event expense
Security breach remediation and notification expense
Computer program and electronic data restoration expenses
Computer fraud

Funds transfer fraud
E-commerce extortion
Business interruption and additional expenses
Electronic Media Liability Coverage