Cyber Risk Awareness is Critical to Long Term Viability

If you do business with others, you likely have a Data Breach exposure. With the increased incidence of cyber-attacks, every business owner should have a vigilant plan to help avoid a loss. Not doing so could significantly impact your well being.

A successful strategy begins with a sound IT platform. But what happens if an attack occurs? Whether it impacts personal information, credit card transactions, or other sensitive data, the cost to properly handle the loss and associated fines can be staggering.

Financial risks include incident investigations, customer notifications, crisis management, business disruption, regulatory sanctions, and even class action lawsuits – and that’s all before reputational damage is considered.

Protect your entity by:

• Evaluating IT platform vulnerabilities

• Identifying the potential expense of an event

• Consulting a Cyber Risk Insurance Professional to access coverage protecting you should an attack happen.

Learn more using HUB International’s Data Breach Cost Calculator at: https://www.hubinternational.com/business-insurance/cyber-risk-solutions/tools/data-breach-cost-calculator.

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Jim Sampson, REBC, RHU, ChFC, CLU
HUB International Insurance Services
1001 E. Harmony Road, Ste. A-137
Fort Collins, CO 80525
Russ.Henninger@HUBInternational.com
(970) 420-1352

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