Cyber Insurance Canada with EasyCover
Cybercrime is becoming more prevalent.
Network security breaches and cyberattacks have become much more common. Statistics Canada compiled data from nearly every police organization in the country and discovered that in 2018 there were 7,727 victims and 32,968 separate cases of cybercrime.
All companies who have an on-line presence or use computers to carry out their business operations, regardless of their size or industry, are susceptible to data loss, viruses, network damages, information theft, and other digital threats. Traditional Commercial General Insurance policies will not cover your business for these types of risks. You need a specialized insurance program for these cyber exposures and threats.
Cyberattacks can put businesses in some serious hot water. Cyber threats can shut down your website or computers, access your confidential information, infect your systems and potentially your clients’ systems, and trick you or your employees into transferring money to a cyber criminal. Cyber insurance is one of the best ways to protect your business against these threats.
There is no enterprise that is immune to the debilitating impact of cybercrime. Media tends to report on privacy breaches that impact renowned, larger businesses, but 56% of cyber incidents actually target small businesses.
Fortunately, EasyCover offers a Cyber solution. Our Cyber Insurance policy coverage includes Network Security Liability, Privacy Liability, Network and Data Extortion and Business Interruption Income Loss coverage.