Embroker

Cyber risk insurance helps protect your company against computer-related crimes and the financial impacts of threats like ransomware; malware; data breaches and thefts; malicious acts of employees and other events that can damage your network, corrupt your data and impact your company’s reputation and customer confidence. Today, all business is digital, which means all companies are vulnerable to cyber events, from email phishing and social engineering to ransomware and other perils. If you operate a business that depends on any kind of digital tools and resources to serve customers, connect with vendors, manage payrolls, administer employee benefit programs, and collect sensitive user and customer data, you need cyber insurance. Types of cybercrime can include ransomware and other malware, data thefts, email phishing attacks, social engineering scams, breaches via the Internet of Things, and more.

Every type of organization, from global companies to mom and pop shops that use technology to do business, face cyber risk. As technology becomes more complex and sophisticated, so do the threats that businesses face. This is why every business and organization needs to be prepared with both cyber liability insurance and an effective cyber security plan to manage and mitigate cyber risk. At Travelers, we understand the complexity of cyber threats. We have solutions to help insure and protect your business assets. Cyber liability insurance is an insurance policy that provides businesses with a combination of coverage options to help protect the company from data breaches and other cyber security issues. It's not a question of if your organization will suffer a breach, but when. Travelers cyber insurance policyholders can also access tools and resources to manage and mitigate cyber risk — pre-breach and post-breach.