As you’ll recall reading in Part 1 of this four-part series, a ransomware attack is where extortionists infect your systems with a virus (a.k.a. malware)that locks up your data files or entirely shuts down your IT operations until you pay
$250,000 Cyber Insurance Policy
Provided by Royal Group LLC
Without cyber liability coverage, your firm is responsible for thefinancial damages associated with any data breaches involving sensitive information.
• Your business and financial security depend on how well protected they are from a lawsuit or claim
• $250,000 policy with no deductible ($1,000,000 policy available for additional premium)
• Includes investigation (who and what was compromised), coverage for fines & penalties,
credit monitoring and notification, and legal defense and liability expenses.
• Breach Hotline available to clients 24/7/365 in the event they experience a possible security incident.
All BobaGuard clients automatically receive $250,000 coverage, there is an option for $1M in coverage for additional cost and has some requirements of the insured that have to be met.