Most business owners know the feeling… they head into the office early one morning, anxious to get to work on a critical meeting the next day. But when they arrive, they discover that their network is down, their email isn’t working, and the files they need are gone. Then they learn that their network is going to be down for at least a full week – maybe more. The cause: Their six and a half-year-old server just died.
Faced with the growing threat of hacks and data breaches, more and more businesses are looking toward cyber liability insurance to protect themselves. Being proactive about cybercrime is a good thing. Unfortunately, many cyber insurance policies have gaps in coverage that can leave your business vulnerable.