Can Your Agency Afford to Weather a Data Security Breach?
A full 80 percent of businesses that experience a data breach do not recover. One can hardly turn on the television or pick up a newspaper without seeing another major story about the latest data breach. While headlines are grabbed by large corporate brand names, it is reported that almost half of all data breaches involve companies with less than 500 employees.
Cyber-attacks have increased significantly since 2009. Data breaches are extremely common among smaller businesses. Data held by small business is considered low hanging fruit for hackers because they know small businesses lack security resources.
As part of our continuing effort to provide our members with cutting edge coverage, we are offering a slot-rated Data Breach Program for MEMBERS ONLY with a short form application for stand-alone coverage through Beazley.
As a Beazley Breach Response policyholder, you will have access to risk management policies and procedures, training and other tools. In addition, when you have a covered breach, they are ready to deliver a well-coordinated response. If you would like more information feel free to call IIAI, 800-272-9312 and ask for information on agency data breach coverage.