You can do everything right and still get breached.
No system is foolproof. A single data breach can be a business-closing event, and most small businesses never see it coming. CoCard Anderson offers cyber liability coverage built for merchants like you.
The numbers small businesses can't ignore
Restaurants are a stark example. The figures below are industry estimates, and the same risk hits every business that takes cards.
Roughly half of all cyber breaches hit small and medium businesses, not just big companies, and the global average cost of a breach runs into the millions once you add notifications, lawsuits, and downtime. Can your business weather a storm that size?
Four pillars of cyber liability
Modern cyber coverage is built from four components. We help you understand which ones your business needs.
Errors & Omissions
A third-party form covering negligence or errors in your product or in the performance of your services, including an indirect breach of customer data.
Network Security
First- and third-party coverage for unauthorized access, transmission of a virus or malicious code, theft or destruction of data, cyber extortion, and business interruption.
Privacy
First- and third-party coverage for data exposed by a hacker, a lost device, a rogue employee, or failure to properly destroy physical records.
Media Liability
A third-party form covering infringement of intellectual property and advertising or personal injury arising from your business activities.
A small policy beats a business-closing event
Per-record notification and monitoring costs alone run $200 to $400, and the average breach exposes tens of thousands of records. We'll help you size the right coverage before you ever need it.
Don't wait for the breach.
Talk to CoCard Anderson about cyber liability coverage that fits your business and your budget. A real person will walk you through it.
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