Cyber Liability Insurance

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Cyber-attacks are growing rapidly and on a Global scale; no Country, Government, Business or Individual is immune and it is costing business millions of dollars annually. A Cyber-Attack is defined as:

“An attempt to damage, disrupt, or gain unauthorized access to a computer, computer system, or electronic communications network.” (Dictionary.com)

There have been thousands of attacks against companies like Yahoo, AOL, SONY, eBay, Home Depot, and Target to name a few, but small to medium business (#sme) is even more vulnerable and cyber-attacks are frequent against #sme due to less sophisticated data security. Examples include ransomware demands, privacy breaches, network data breaches, copyright infringement, and email fraud. One only has to imagine what may happen if Rogers or Bell sustains a cyber-attack. Many reading this will have been victims of cyber-attack, when speaking with our clients and business friends it seems at least 1 in 5 have sustained a cyber-attack.

Although mostly excluded by traditional insurance, affordable Cyber Insurance coverage is now available through Fenn & Fenn Insurance Practice Inc. at a competitive cost.

With heavy reliance on electronic transactions and communications you and your organization are likely exposed to a potential cyber-attack. These can emanate from multiple sources both inside and outside your company involving people including your employees and intrusive technology that targets sensitive data, processes, property, and customers and private employee information. Both the direct and indirect consequences can be devastating to a #sme – including: loss of revenue, legal/regulatory charges, fines and penalties, loss of reputation and bankruptcy.

Cyber-insurance protection today for #sme is robust and includes expenses following an attack, such as: Client Notification Costs including consultants; Re-Coding (including consultants and expenses); Business Interruption Insurance, and Ransom Negotiators. It also extends third party liability insurance coverage offering protection if you receive an action from another party, such as a client, as a result of a successful cyber-attack against your company.

Fenn & Fenn Insurance Practice Inc. is your best choice for dependable advice, product and premium for insurance against cyber-attack. Dial 1866 269 8799 to speak to one of our specialists or contact us by e-mail at hello@fenninsurance.com.

Insurance Brokers with a PASSION for Professionalism

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Fenn & Fenn Insurance Practice Inc.

Arrange a Consultation

Speak with our professional Insurance Experts

Call Fenn & Fenn Insurance Practice Inc.today at
1866 269 8799 or email us at hello@fenninsurance.com.

Contact us to arrange a complimentary informational meeting with no obligation. We look forward to meeting with you and sharing our expertise,advice and Passion for Professionalism.

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We look forward to meeting you!

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Fenn & Fenn Insurance Practice Inc.
Fenn & Fenn Insurance Practice Inc . Canadian Insurance Brokerage Specializing in Industrial, Commercial and Institutional Insurance
70 Main St. S., Newmarket, ON L3Y 3Y6, Canada
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Fenn & Fenn Insurance Practice Inc.
Fenn & Fenn Insurance Practice Inc . Canadian Insurance Brokerage Specializing in Industrial, Commercial and Institutional Insurance
70 Main St. S., Newmarket, ON L3Y 3Y6, Canada
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