Cyber Liability: What’s at Risk and What It’ll Cost You - Video

    Posted by Soules Insurance on Fri, Sep 13, 2019

    According to industry experts, the average cost of a data breach is nearly $6 million. And while many organizations understand the importance of preparing for a breach, few understand what it could cost to recover from an attack and what cyber criminals might be after.

    Read More

    Tags: Cyber Insurance Coverage, Cyber Coverage, Cyber Security, Cyber Risk, Cyber Insurance, Cyber Liability, Cyber Hack, Cyber Attacks, Cyber Breach

    Do you know the benefits of cyber liability insurance?

    Posted by Soules Insurance on Tue, May 22, 2018

    When cyber attacks like data breaches and hacks occur, they can result in devastating damage. Businesses often have to deal with business disruptions, lost revenue and litigation after the attack. It is important to remember that no organization is immune to the impact of cyber crime. As a result, cyber liability insurance has become an essential component to any risk management program.

    Cyber Liability insurance policies are tailored to meet your company's specific needs and can offer a number of important benefits, including the following:

    Read More

    Tags: Cyber Coverage, Cyber Security, Cyber Risk, Cyber Insurance, Cyber Liability, Cyber Hack, Cyber Attacks, Cyber Vulnerability, Cyber Breach, Business Insurance, Commercial Insurance

    Discover The Cyber Threat To Small And Midsize Businesses

    Posted by Soules Insurance on Thu, Jan 18, 2018

    Half of all small and midsize businesses (SMBs) in the U.S. experienced a data breach in the past year — and 55% experienced a cyber attack. So why are so many SMBs not making cyber insurance a priority?

    According to the Insurance Information Institute, 34% of SMBs do not believe they will be the target of an attack, while 37% cited cost as a reason. Take a moment to explore the figures surrounding the cyber landscape in the infographic below.

    Read More

    Tags: Cyber Insurance Coverage, Cyber Security, Small Businesses, Small Business, Cyber Liability, Cyber Breach, Midsize Businesses

    Securing Your Company's Mobile Devices

    Posted by Soules Insurance on Mon, Apr 3, 2017

    Because of the convenience they offer, smartphones and tablet devices have become a ubiquitous presence in the modern business world. As usage soars, it becomes increasingly important to take steps to protect your company from mobile threats, both new and old.

    Gone are the days when the most sensitive information on an employee’s phone was contact names and phone numbers. Now a smartphone or tablet can be used to gain access to anything from emails to stored passwords to proprietary company data. Depending on how your organization uses such devices, unauthorized access to the information on a smartphone or tablet could be just as damaging as a data breach involving a more traditional computer system.

    Read More

    Tags: Securing Mobile Devices, Cyber Liability, Mobile Security, Company Cell Phones & Devices