What is cyber extortion?
Cyber extortion is an online crime which hackers hold your data, website, computer systems, or other sensitive information hostage until you meet their demands for payment. It often takes the form of ransom ware and distributed denial-of-service (DDoS) attacks, both of which could paralyze your business.
Cyber liability insurance provides coverage to mitigate the financial impact of these attacks. If your business operations rely on digital tools, online customer management software, or internal applications, you are also vulnerable to cyber extortion.
Make sure you have the right policy in place. Let us help you. Contact us for more information about Cyber Liability Insurance.