• Home
  • Get A Quote
    • Automobile
    • Bonds
    • Business & CommercialImage of right arrow
      • Commercial Auto Insurance Quote
      • General Liability Quote Form
      • Business Owners (BOP) Quote Form
      • Habitational / Investment Property Quote
    • Dental
    • Flood
    • HealthImage of right arrow
      • Health Insurance Quote
      • Disability Insurance Quote
      • Long Term Care Insurance Quote
    • HomeownersImage of right arrow
      • Homeowners Insurance Quote
      • Homeowner Flood Quote Form
    • Life
    • Motorcycle
    • Renters
  • Customer Service
    • Automobile
    • Business & CommercialImage of right arrow
      • Request ID Card for Commercial Auto Policy
      • Request General Liability Certificate of Insurance
    • Homeowners
    • Motorcycle
  • Claims
    • Automobile
    • Business & Commercial
    • Homeowners
    • Motorcycle
  • Blog
  • Make a Payment
  • Resources
    • Secure File Area
    • Refer a Friend
    • Important Links
    • Insurance Glossary
    • News Center
  • About Us
    • About Outcalt Kerns Insurance, LLC
    • Location Map
    • Partners
    • Privacy Policy
  • Contact
    • Contact Us
    • Join Our Newsletter
Home Page Contact Us
Insurance Insurance Insurance Refer
Home > Blog > Cyber Liability - Data Breach Calculators - Knowing Whether Your Company's Safeguards Have Any Gaps
TUESDAY, AUGUST 11, 2015

Cyber Liability - Data Breach Calculators - Knowing Whether Your Company's Safeguards Have Any Gaps


Cyber Liability is fast becoming the "mega-legal-construct" which all industries must heed its warnings.  As financial markets continue to be volatile all over the world the presence of nefarious data hacking endeavors will continue to rise.  Cybercrime costs the global economy nearly $575 billion dollars annually, of which the United States alone is subject to over $100 billion annually making them the hardest hit of any country, according to a report from Intel Security and the Center for Strategic and International Studies. Nearly 50% of all companies experienced a data breach at some point last year, and over 25% of those companies had no protection against it whatsoever, according to the USA Today.  To help you better understand what level of risk your business faces with cyber liability, data-breach calculators have been developed to help you ascertain your company's likelihood of an attack happening and costs associated (https://databreachcalculator.com/ & http://www.privacyrisksadvisors.com/data-breach-toolkit/data-breach-calculators/).  You can also go to https://www.privacyrights.org/data-breach/new to research industry horror stories to see if your company's safeguards are in better shape than your colleagues.  Even if you feel your company is protected well enough, the companies you contract to help you provide your customers the service they've become so satisfied with may not be, which directly or indirectly may affect your business. 

There are solutions to protect against these attacks, and Cyber Liability Insurance maybe all that stands between your company's ability to recover or its demise when and if an attack occurs.  Don't mistake this threat as trivial as a "slip-n-fall" liability claim, the odds are much more likely you will face a cyber liability claim, and the costs are likely to be even greater!  Contact
Outcalt Kerns Insurance for more information and help in understanding your company's level of risk.
Posted 2:14 PM

Tags: cyber liability, directors and officers liability, dando, westerville, sunbury, gahanna, worthington, new albany, columbus, professional liability policy, commercial insurance
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2017
  • 2016
  • 2015
  • 2014

  • westerville(43)
  • new albany(43)
  • gahanna(41)
  • sunbury(40)
  • columbus(38)
  • worthington(26)
  • commercial insurance(14)
  • johnstown(12)
  • lewis center(11)
  • business insurance(11)
  • auto insurance(9)
  • homeowners insurance(8)
  • directors and officers liability(6)
  • insurance(6)
  • cyber liability(6)
  • professional liability policy(6)
  • dando(6)
  • transportation network companies(5)
  • workers compensation(5)
  • emergency preparedness(4)
  • flood policy(4)
  • fema(4)
  • flooding(4)
  • nfip(3)
  • car insurance(3)
  • ridesharing(3)
  • personal auto(3)
  • flood insurance(3)
  • dublin(2)
  • life insurance(2)
  • ride sharing(2)
  • homeowners(2)
  • exchanges(2)
  • april(2)
  • winterization(2)
  • health insurance(2)
  • liability(2)
  • personal liability(2)
  • prevention(1)
  • uber(1)
  • carpentry(1)
  • equipment breakdown(1)
  • employers(1)
  • car battery(1)
  • accidental poisonings(1)
  • collector car(1)
  • house fires(1)
  • maintenance(1)
  • (1)
  • personal auto insurance(1)

View Mobile Version
Site Links Insurance Types Contact Information
Columbus Weather Forecast, OH
Get Social
Home Page
About Us
Get A Quote
Claims
Newsletter
Read Our Blog
Our Partners
Services
Contact
Auto Insurance
Home Insurance
Business Insurance
Life Insurance
Health Insurance
More Insurance Types
Outcalt/Kerns Insurance, LLC
1001 Eastwind Dr.
Suite 108
Westerville, OH 43081

PH: 614-890-0383
FX: 614-890-4809








Powered by Insurance Website Builder