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Cyber Liability
Cyber Liability Insurance
What You Need to Know About Network & Security Breach Insurance.
JJ Wade & Associates is a leading provider of cyber liability insurance for a wide variety of companies in the Carolinas. As the regional member of TechAssure, the world’s only association of technology insurance specialists, we are able to advise our clients on the risks they face in today’s networked, global economy.
Unfortunately, many companies don’t realize that whether they experience a data security breach isn’t as much a matter of if it will happen as when.
When a security breach happens, you’ll need comprehensive protection from a broker that specializes in handling cyber risks, offers a full suite of integrated insurance solutions to help minimize gaps in coverage and understands how to tailor coverage to your business.
Cyber Liability policies are non-standard and contain many conditions and agreements that many agents/brokers do not understand. A good cyber program will contain coverage for both first-party (cyber liability) and third-party (cyber crime) and will address the costs associated with data breach notification and cyber extortion.