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Cyber Criminals Are At It Again!

We have been seeing an increasing number of claims involving cyber attacks, viruses, malware, phishing and other situations where electronic systems are being compromised both by directed effort and innocent mistake. These incidents can cause loss or damage to electronic data, forensic expenses, loss of income, network security and privacy lawsuits, extortion losses, notification costs, and damage to your business’ reputation. Most standard commercial insurance policies provide only limited (if any) coverage for these types of claims, and something as simple the use of email in your business can expose you to the risk of a breach or cyber event. We strongly recommend that each of our commercial customers reach out to discuss how they can benefit from additional coverage.

Additional links and resources regarding Cyber

Cyber Info Videos from CHUBB

Email Fraud and Ransomware Attacks