Cyber Liability

Your business is too important not to protect

cyber security

Be cyber-ready with Highstreet cyber insurance

Cybersecurity may not be top of mind, but it’s become essential. Hackers are aggressively targeting businesses like yours, and they show no mercy. One cyber attack can devastate your finances, operations and customers’ confidence — unless you have the right cyber insurance. Ask us how you can better protect your company, reputation and future.

Get a quote

cyber security

A false sense of security could put you in harm’s way

“My business isn’t big
enough to be a target.”
43%

of data 

breaches involve small and mid-sized businesses              

 

Source: 2022 Data Breach Investigations Report | Verizon

“Our security is
good enough.”
25%

of businesses 

are not implementing even the most basic security practices

 

Source: 2023 Travelers Risk Index Cyber Risk | Travelers Insurance

“We can survive
a cyber incident.”
75%

of SMBs 

could not continue operating if they were hit with ransomware

 

Source: Small and Medium-Sized Businesses Ransomware Survey, CyberCatch, April 2022

Everywhere you go, risk follows

When it comes to thwarting cyber-crime, knowledge is power. Be vigilant of the many vulnerabilities that surround you and the ways in which hackers exploit them.

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unsuspecting employees

Unsuspecting employees

It just takes one worker to click on a disguised phishing link and cause havoc.

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outdated software

Outdated software

Lucky for hackers you didn’t install the latest security patches.

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poor social media practices

Poor social media practices

Employees using social media platforms on company networks open businesses to the risk of hacks, viruses and privacy breaches.

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unencrypted wireless keyboards

Unencrypted wireless keyboards

From up to 250 feet away, scammers can detect your keystrokes to snag passwords, credit card numbers and private text.

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unshieldeds credit cards

Unshielded credit cards

Your credit card emits a signal. Using a signal reader, hackers can capture that data at a distance unless you shield it.

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vulnerable home routers

Vulnerable home routers

Outdated and unpatched household routers have become a popular target for threat actors.

It just takes one worker to click on a disguised phishing link and cause havoc.

unsuspecting employees

Lucky for hackers you didn’t install the latest security patches.

outdated software

Employees using social media platforms on company networks open businesses to the risk of hacks, viruses and privacy breaches.

poor social media practices

From up to 250 feet away, scammers can detect your keystrokes to snag passwords, credit card numbers and private text.

unencrypted wireless keyboards

Your credit card emits a signal. Using a signal reader, hackers can capture that data at a distance unless you shield it.

unshieldeds credit cards

Outdated and unpatched household routers have become a popular target for threat actors.

vulnerable home routers

Every day brings a minefield of cyber threats

Cyber-crime is growing exponentially. This is bad news for small and mid-size businesses (SMBs) which are three times more likely to be attacked than large companies. Less protection, awareness and IT staff make SMBs attractive targets. Let’s change that by informing you of the top five types of cyber treachery.

pishing and smishing

Phishing and Smishing

An email or text that baits an employee into installing malware.

malware

Malware

Pernicious software that enables hackers to remotely steal sensitive data and infect networks.

ransomware

Ransomware

The use of malware to lock systems and data, extorting money for their release.

	business email compromise

Business email compromise

Hacking into a business’s email to gain access to payment information.

trusted isnider threats

Trusted insider threats

Disgruntled employees and/or contractors (past and present) intent on harming the organization.

Cyber attacks can be catastrophic

The repercussions of a security breach can be far more prohibitive than expected. However, it need not be ruinous if you have the right cyber insurance.

  • Business interruption
  • Network interruption costs
  • State and federal fines and penalties for compliance violations
  • Lost revenue
  • Forensic expenses
  • Device costs
  • Audit fees
  • Lost payroll
  • Extortion costs
  • Data restoration
  • Legal defense costs
  • ID theft protection subscriptions for victims/clients
  • PR expenses
wake-up-call-hero

Consider this a friendly wake-up call

As a neighbor and local agent, we want what’s best for you and our shared community. Make cybersecurity one of your core competencies with 15 essential security measures. These can go far to thwart threats and minimize damages.

Download best practice

Don’t wait until it’s too late

Increase your odds of recovery after a security breach. Let Highstreet minimize the financial
hardship with cyber coverage that’s right for you.

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First-party coverage

Shield your business from the cost of investigations, legal fees and the other expenses of a data breach involving sensitive customer information.

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Third-party coverage

Protect yourself from being sued by a customer, vendor, partner or other party for allowing a data breach to occur.

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Industry coverage

Gain coverage relevant to your sector, such as healthcare, financial services, retail and non-profit organizations.

Get the FAQs

It’s a liability policy that protects businesses against financial losses caused by cyber breaches.

All businesses that store sensitive data online or on computers. Think credit card numbers, social security data, health records and customer data.

It depends on your policy. Most will reimburse you for network security, hiring legal counsel, paying a forensics vendor and restoring data and operations.

No. That’s the purpose of a cyber liability policy. However, you can add cyber insurance rider to your existing business owner’s policy. Or you may decide for a standalone cyber policy.

Good question. Cyber insurance covers intangible losses, such as data files, sensitive financial information and personal data. Crime insurance focuses on tangible losses such as physical loss of securities, money or merchandise.

The price varies. When calculating your premium, we’ll consider the types of sensitive data you collect, your security measures, your customer base and company size, as well as the revenue you generate.

  That depends on your policy.

Property damage, intellectual property losses, tangible crime, theft by employees, and preventive security measures.