Closing The Gaps: Cyber Shield
We know big corporations often make headlines for data breaches and cyber-attacks. This makes it seem like small businesses don’t have to worry about becoming the victim of a cyber-attack, but this couldn’t be further from the truth. 61% of data breaches directly affect small businesses, and 81% of small businesses are contractors. This means that contractors are at a higher risk to be the victim of a cyber-attack than any other kind of business.
So, what can you do to protect yourself?
There are many ways you can protect your business, like making sure software is up to date, installing firewalls, using anti-virus and anti-malware programs, requiring multi-factor authentication, and the list goes on and on! However, even the most secure networks used by the biggest corporations in the world can still be hacked. These major corporations have all the time, money, and resources they need at their disposal to rectify the situation. Meanwhile, 43% of businesses don’t feel financially prepared to face a cyber-attack in 2022, should one occur.
That’s where Cyber Shield comes in!
Cyber Shield is Pekin Insurance’s commercial cyber insurance product built to help protect you and your business from cyber-attacks. Within the Cyber Shield package, you’ll find coverage for things like computer attacks, identity recovery, cyber extortion and more.
We also offer a MAX version of the product, which includes even more coverages that can protect your business, like computer fraud and misdirect payment fraud.
Check out this chart for a full list of the coverages included in Cyber Shield and Cyber Shield MAX!