Up until about a year ago, when we sat down with our clients to discuss their insurance needs and brought up the subject of Cyber Liability Insurance Coverage, the clients would just look at us with this glazed look and tell us that this type of insurance coverage just wasn’t for them, and they also commented that their company couldn’t imagine a scenario where they would need this type of coverage. My how times have changed!! If your company conducts any type of commerce via the internet, especially if you are processing debit or credit cards, and if your company keeps any client information such as social security numbers, medical records, addresses or any additional vital information, acquiring a Las Vegas/Clark County, NV Cyber Liability Insurance Policy is an absolute must.
Please consider this for a minute: could your company survive a theft or a loss of its company’s data that is stored on its servers, your company’s website being suspended due to a power failure, or your company’s worst nightmare–your company’s website being hacked, or a false-claims accusation triggered by a Facebook, Twitter, Instagram, LinkedIn, Company Blog, or another company’s post? Chances are very high that the response would be no. Please note that a Las Vegas / Clarke County, NV Cyber Liability Policy is not your standard insurance product.