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Mitigating Cyber Risks: Why Businesses Need Cyber Liability Insurance

In today’s digital age, Georgia-based businesses are more reliant on technology than ever. While depending on the use of technology to manage critical data, including customer records and details, can benefit businesses, it can also have risks. The threat of cyber-attacks via data breaches and malicious online activities like hacking and virtual thefts can cripple a business. 

Our knowledgeable insurance agents at Garrison Insurance Group in Lilburn, GA can help you protect your digital investments! 

What is a Cyberattack?

A cyber-attack happens when outsiders deliberately attempt to access and tamper with computer systems networks and compromise digital data.

Virtual attacks are often carried out by individuals who want to steal sensitive data, disrupt business operations, or cause intentional damage to businesses and organizations by hijacking their most essential data. 

Examples of Cyberattacks Waged Against US Businesses 

  1. Malware Attacks
  2. Phishing Scams
  3. Denial of Service Attacks
  4. Brute Force Attacks
  5. Insider Threats
  6. Social Engineering 

Cyber liability insurance offers policyholders specialized coverage that can protect them from the financial fallout caused by data breaches and cyber-attacks. 

Protect Your Business from Virtual Threats with Cyber Liability Insurance

When a business experiences a cyberattack, its operations can be impacted for hours, days, or even longer when nefarious cyber criminals hold their data hostage and demand payment to unlock critical customer files. Get protection from financial loss with cyber insurance, which can provide protection from liability, cover regulatory fines and penalties, and support Lilburn, GA area businesses in online reputation management. 

Insurance professionals can work with business owners to help them implement a policy that provides customized cyber insurance coverage and peace of mind when they know their customer data is protected. 

Schedule A Consultation Today

Contact a licensed insurance agent at Garrison Insurance Group to start protecting your data today! 

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