abney
associates internet security news
The
Hartford Steam Boiler Inspection and Insurance Co. (HSB), part of Munich Re,
has launched HSB CyberOne, a new cyber risk insurance coverage for small
businesses. The new product expands HSB’s suite of products and services
designed to protect smaller commercial organizations from the growing threat of
information security exposures.
Computer
viruses and other computer attacks can result in lost business income and
expenses to restore systems and recover data. With a small business at
significant risk of losing critical information that is essential for daily
operations, damaging its reputation and potentially being exposed to costly
litigation, more companies are purchasing cyber insurance.
HSB
CyberOne provides coverage with limits up to $100,000 to protect the risks
typical of small organizations. It helps policyholders recover from damage to
systems caused by a computer attack and also provides defense and liability
coverage for certain lawsuits that allege third-party damage resulting from a
failure by the insured to adequately secure its own computer system.
Other
insurers can add HSB CyberOne to a group of their small business policies so
it’s more affordable than products underwritten one policy at a time. It can be
included as part of a business owners product (BOP) or a commercial multi-peril
(CMP) policy.
abney
associates internet security news
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1 comments:
People are really funny; they are in chaos up to something that doesn’t exist. Government is like parents who are scaring their kids with monsters under their beds, and in this case the monster was the cyber war.
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