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What Is Cyber Liability Insurance?
In today's digital world, businesses of all sizes are at risk of cyberattacks. A data breach can expose sensitive customer data, such as credit card numbers, Social Security numbers, and medical records. This can lead to financial losses, legal liability, and damage to your business reputation.
Cyber liability insurance can help protect your business from the financial losses that can result from a cyberattack. Our policies cover a wide range of risks, including:
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Data breaches
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Malware attacks
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Ransomware attacks
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Website hacks
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Social engineering attacks
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Employee negligence
Why Businesses Need Cyber Liability Insurance
Cyber attacks are becoming more common and more sophisticated. In 2022, there were over 600,000 data breaches worldwide, exposing the personal information of over 4.4 billion people. These attacks can have a devastating impact on businesses, costing them millions of dollars in lost revenue, legal fees, and reputational damage.
Why Choose Kansas Preferred Insurance Group?
Whether you're a small business or a larger corporation, Cyber Liability Insurance provides an essential layer of protection against the uncertainties of business operations. Working with a trusted advisor at Kansas Preferred Insurance Group can help you determine the appropriate coverage limits to ensure your business is well-protected against unexpected events that could have a significant financial impact.