Why Choose Our Cyber Risk Insurance?

Tailored Coverage: Get coverage that matches the unique cyber risks faced by your business.

Incident Response Support: Access to leading cyber incident response teams to manage and mitigate damage quickly.

Proactive Risk Management: Benefit from risk assessments and ongoing support to strengthen your cybersecurity posture.

Our Cyber Risk Insurance Solutions

Data Breach Liability

This solution covers the financial impacts of data breaches, including the costs of notifying affected individuals, providing credit monitoring services, and managing legal fees associated with the breach. It helps mitigate the costs and reputation damage from a data security incident.

Cyber Extortion/Ransomware

Protects against the financial impact of ransomware attacks and extortion threats. This coverage includes the costs of paying ransom demands and expenses related to restoring and securing your data and systems to prevent further attacks.

Network Security Liability

Provides coverage for claims arising from unauthorized access to or attacks on your company’s network. This includes expenses related to data loss, network outages, and costs associated with managing and resolving network security incidents.

Business Interruption Insurance

Business Interruption

Coverslost income and additional expenses incurred when a cyber event disrupts your normal business operations. This includes coverage for revenue losses and the extra costs of mitigating the impact of the interruption on your business.

Privacy Liability

Protects against liabilities resulting from the unauthorized disclosure or theft of personal or corporate data. This solution covers legal costs, regulatory fines, and penalties related to privacy violations and data protection failures.

Media Liability

Covers claims related to online content, including issues such as copyright infringement, defamation, and other media-related liabilities. This protection is crucial for businesses that create or distribute content online.

Frequently Asked Questions

What exactly does Cyber Risk Insurance cover?

Cyber Risk Insurance covers a variety of elements, including costs from data breaches, business interruption due to cyber incidents, legal fees, and even ransom payments demanded by cybercriminals.

Who needs Cyber Risk Insurance?

Any business that handles sensitive information digitally or relies on digital systems to conduct business operations should consider Cyber Risk Insurance. This includes small businesses, large corporations, and even non-profits.

How are premiums calculated for Cyber Risk Insurance?

Premiums are based on various factors, including your industry, the size of your business, your data exposure, your cybersecurity measures, and your claims history.

Can Cyber Risk Insurance cover previous incidents?

No, Cyber Risk Insurance policies do not cover incidents that occurred before the policy start date. Coverage is only applicable for events that happen during the policy period.

What is the first step if a cyber incident occurs?

Immediately contact our 24/7 incident response team. Quick action is crucial to mitigate damage and manage the situation effectively.

How can I reduce my cyber insurance premiums?

Implementing robust cybersecurity measures, conducting regular risk assessments, and training employees on cyber safety can potentially lower your premiums by reducing your risk profile.

Get Protected Today

Don’t wait for a cyber incident to disrupt your business. Contact us now for a detailed risk assessment and customized insurance solution. Secure your operations against digital threats.

Insights

May 7, 2025

Navigating Life’s Twists and Turns: How Changes Impact Your Insurance Needs

  Life is a journey filled with exciting milestones and unexpected detours. Each significant event can bring immense joy and new responsibilities, but it also inevitably reshapes your personal insurance needs. Failing to adapt your coverage can leave you and your loved ones financially vulnerable when you need protection the most. At Tooher-Ferraris Insurance Group, […]

Read More
May 7, 2025

Home Renovations: Don’t Forget Your Insurance Policy

Dreaming of a stunning new kitchen, a spa-like bathroom, or a finished basement retreat? Home renovations are an exciting opportunity to improve your living space and increase the value of your property. But as you plan your project, it’s important not to forget a critical element: your homeowners insurance. Renovation projects, whether large or small, […]

Read More
May 7, 2025

Term Life Insurance: Affordable Protection for Individuals and Businesses

Term life insurance is one of the most cost-effective and flexible tools available for financial protection. It offers coverage for a specific period—typically 10, 20, or 30 years—and provides a tax-free death benefit if the insured passes away during the term. This straightforward policy structure makes term life insurance a smart solution for both personal […]

Read More
May 7, 2025

Why RV Insurance Matters For Your Home on Wheels

Owning a recreational vehicle (RV) means embracing freedom, flexibility, and the thrill of life on the open road. Whether you’re cruising across the country or camping for a weekend getaway, your RV is more than just a vehicle—it’s your mobile home, and it needs insurance coverage that reflects its unique role in your life.   […]

Read More
May 2, 2025

HR Legal Alert: IRS Releases 2026 HSA Contribution Limits and HDHP Deductible and Out-of-Pocket Limits

In Rev. Proc. 2025-19, the IRS released the inflation adjusted amounts for 2026 relevant to Health Savings Accounts (HSAs) and high deductible health plans (HDHPs). The table below summarizes those adjustments and other applicable limits.   2026 2025 Change Annual HSA Contribution Limit (employer and employee) Self-only: $4,400 Family: $8,750 Self-only: $4,300 Family: $8,550 Self-only: […]

Read More
April 16, 2025

The Power of Data: How Smart Plan Sponsors Use Analytics to Control Costs and Shape the Future of Health Care

Health care costs continue to rise at an unsustainable pace. For employers offering health plans, this upward pressure threatens not only budgets but also the ability to provide high-quality, competitive benefits. Yet some of the most successful plan sponsors are not only managing costs but actively bending the health trend. How? Through sophisticated use of […]

Read More
Skip to content document.addEventListener('DOMContentLoaded', function() { var videos = document.querySelectorAll('video.wp-video-shortcode'); videos.forEach(function(video) { video.muted = true; }); });