IMT offers a comprehensive cyber insurance solution designed to help businesses respond to a full range of cyber incidents, including breach of personal information, the threat of unauthorized intrusion into or interference with computer systems, damage to data and systems from a computer attack and cyber related litigation.
All entities hold personal information of individuals, whether it is their customers or their employees. In most states, entities are required by law to notify affected individuals whose personal information may have been breached. Even in states where no such law currently exists, there is a growing trend on the part of entities that become aware of a breach to notify affected individuals.
In today’s digitally interconnected world, every organization relies on data and on the networked computer systems upon which data resides. Many organizations rely on data, systems and their connection to the internet as their primary means of conducting business. For others, data and systems play an integral part in supporting the information necessary to run a business in today’s world. No organization can afford to lose important data and systems and hope to function at the highest level.
Cyber criminals act without warning and data and system losses from computer attacks, including significant out of pocket recovery costs and organizational downtime, can be devastating. Attacks like this have long been a persistent risk to organizations but their visibility has increased in recent years. Cyber attackers have shifted their attention to smaller entities in search of easier targets as larger entities have hardened their defenses.
Access the eRiskHub® site for assistance with planning and preparation in the event of a cyber attack or data breach.
Cyber Suite Coverage offered by IMT is a comprehensive cyber insurance solution designed to help businesses respond to a range of cyber incidents, including breach of personal information, the threat of unauthorized intrusion into or interference with computers systems, damage to data and systems from a computer attack and cyber-related litigation.
All companies that maintain data on clients, employees and others have a responsibility to safeguard that data. Businesses are vulnerable to data breaches and cyber attacks by computer thieves, and dishonest employees and data can often be lost through an accidental or inadvertent release.
All businesses need IMT Cyber Suite Coverage because:
IMT Cyber Suite Coverage goes beyond cyber insurance currently available by combining coverage for: