Category: Cyber Insurance

Many businesses rely heavily on computers in their operations. While this brings efficiency, it also exposes the businesses to several risks. Incidents related to computer systems could result in sizable costs for a business. Cyber insurance is one of the best measures to mitigate these risks. Sometimes referred to as cybersecurity insurance, it’s an essential cover in today’s digital world. Reach out to us at MTC Insurance Agency Group in University Place, WA, to get this coverage.

Cyberattacks

In today’s world, hackers frequently target companies, and cyberattacks can inflict a lot of harm. Some businesses have even been forced out of operation because of these attacks. Having cyber insurance can protect you against this type of financial loss. General liability insurance or commercial property insurance generally doesn’t cover this type of attack.

Data Breaches

Another threat to the business’s system is a data breach. Many companies store a substantial amount of private information in their systems, including employees’ personal information and customer account numbers. If these details are leaked to others, it can lead to many costly problems. Data breaches can be extremely expensive for some businesses, so it’s important to be protected in case one happens to you.

Get Cyber Insurance in Washington

Without cyber insurance, a cyber threat can cost your business so much that it fails to stay afloat. Call us at MTC Insurance Agency Group in University Place, WA, to get your cyber insurance policy.

Have you been wondering how to protect yourself and your digital assets from hacking or theft? If so, you’re among the millions of Americans who use cell phones, the internet, and internet-connected devices to transmit secure data that may be at risk of having their personal information breached.

The insurance pros at MTC Insurance Agency Group in University Place, WA can help you choose the best cyber insurance options to protect your online identity and digital assets from theft. 

Why You Need Cyber Insurance 

Since we’re all "always connected", having cyber insurance is one of the best ways to help shield and safeguard your personal and digital data from hacking or theft. 

Licensed insurance agents can explain the benefits of having cyber insurance as part of your risk management strategy.

• Cyber Insurance Protections
• Data Breaches 
• Network Intrusions
• Ransomware Attacks
• Cybercrime

What is cybercrime and why do I need insurance to protect myself or my business against it?

Cybercrime refers to criminal activities that happen on the internet. These digital crimes are carried out using computer networks, technology, and internet-connected devices to target or impersonate businesses and individuals on the internet. 

What are digital assets?

Digital assets encompass all of your resources that exist in a digital or electronic format on the internet. Examples of common digital assets include the following:

Digital Media – Photos, videos, multimedia content

Intellectual Property – Copyrighted software, code, e-books, artworks, patents, and trademarks. 

Online Accounts– Email accounts, social media accounts, personal profiles, online banking accounts, cryptocurrency wallets, and digital cloud storage accounts. 

We Can Help!

When you’re ready to take the next step and safeguard your digital assets in University Place, WA, contact the cyber insurance experts at MTC Insurance Agency Group for a quote!