Cyber Liability Insurance Basics

Data breaches and cyber hacks are in the news daily lately. If these large corporations with huge IT staff, security protocols and large budgets can get hit, what do you think the chances a small business stands against hackers? Cannabis businesses are no exception to being targets for digital information theft. Part of the reason businesses are not purchasing cyber liability insurance is because they don't understand what it is or what it does. You may be required to carry coverage or just want to purchase it for your own peace of mind. Here are some cyber liability terms and claims examples to help you understand the importance of this coverage. 

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Even with the explanations above cyber liability coverage can still be confusing!  Please feel free to contact us with any questions about this or any other insurance coverage. We are here as a resource and happy to help.