Today, businesses are increasingly reliant on technology to do business. Even the most traditional “brick and mortar” enterprises rely on information technology to conduct day-to- day operations. Technology has positively affected organizations in a number of ways, including decreased operational costs, increased speed to market and improved customer service. This increased reliance on technology, however, comes with a downside.
Hackers, malicious software, rogue employees and hardware loss or theft are all very real risks to your insured’s business. Fuller Insurance has the insurance products which are built with these risks in mind. Specifically designed for qualified small and middle market businesses with less than $200 million in annual revenues, this product has limits of up to $10 million and provides worldwide coverage.
Data Privacy Liability & Network Security Liability
Miscellaneous Professional Services
Negligent act, error or omission in the performance of defined professional services.
Notification and Credit Monitoring - Voluntary notification coverage available.
Crisis Management Expense - Covers cost to hire public relations firms, crisis management firms and law firms to mitigate reputational damage.
Data Privacy Regulatory Proceedings Expense - Includes fines levied in violation of HIPAA, HITECH, FACTA.
Cyber Investigation Expenses
Information Asset Recovery available.
Business Interruption and Cyber Extortion.
Credit card information is stolen, paper files are not shredded, a business laptop is stolen. You can be confident that Fuller Insurance’s Data Breach insurance will provide swift solutions to help safeguard and restore your business’ reputation and customers’ trust, and provide you, your customers and employees with help before and after a breach.
Any business that handles or stores any private business, customer and patient or employee data is at risk for a data breach. When a data breach happens, most businesses are required by law to take action or face the possibility of civil litigation or other penalties. Before the unthinkable happens, you need the tools and information to confidently assess the situation and manage the crisis.
Small Business Statistics
Loss, theft, accidental release or accidental publication of Personally Identifiable Information (PII) and Protected Health Information (PHI) including:
Any business, small or large, that handles or stores any private business, customer, patient or employee data is at risk. The following businesses are at a higher risk for a data breach because of the quantity and type of sensitive information they handle and store: