With a plethora of commercial insurance options available, it can be challenging to determine which ones you need. Cyber insurance is one type that often gets overlooked, yet it’s becoming increasingly crucial for many businesses today. If you’re considering cyber insurance, we’re here to assist. Reach out to us at D & E Insurance Agency in Muskogee, OK.
Business Operations on Computer Networks
Work functions are increasingly shifting to computer networks. The vast amount of records a business needs to maintain no longer requires extensive physical storage space, thanks to digital storage solutions. However, this makes business computer networks a prime target for hackers seeking access to this data. Your business likely stores everything from payment information to personal employee data on its network. If this data is stolen, it can be sold or even publicly disclosed, leading to a significant and costly cleanup process.
Data Theft Consequences
Once data is stolen, substantial costs may be incurred in restoring the business to its pre-breach state. You may need to compensate those affected by the data breach. There could also be significant legal costs associated with it. A cyber insurance policy can cover all these expenses, helping a small business recover after a costly data breach.
Securing Cyber Insurance in Oklahoma
If your business could benefit from cyber insurance, we can help you acquire it. To discuss this type of insurance and how it works, contact us at D & E Insurance Agency in Muskogee, OK. We can provide more information and get you started.
