The internet is one of the most important assets for your business. It has also never been riskier than it has been in the last five years. Both of these are true, creating a situation where going online is a critical risk and a primary business opportunity. Commercial insurance can cover some of the financial liabilities in online threats. Cyber insurance is another essential frontier in threat management. Talk to your Emmaus, PA insurance experts at Patrick McNealis Insurance and Financial Group, for your options.

Phishing Scams

Phishing is a form of cyber fraud where scammers impersonate you to get an employee or a customer to give them personally identifying or financially sensitive information. Once the phisher has someone’s information, they can cause all kinds of havoc. Phishing and other “social engineering” scams work because people tend to trust unless given a reason not to. Phishers say, “there is no patch for human stupidity.”

Phishing scams net billions of dollars a year, and they can put your customers in serious jeopardy.

Data Breach

A data breach is when a hacker or computer criminal gains access to your files. Many data breaches are the result of phishing or other social engineering scams. When a data breach happens, many customers – even thousands on a large enough website – can find their lives compromised by criminals. Insurance can’t stop this danger, but it can limit your liability due to the actions of malicious others.

Cyber risks are only going to grow in the years ahead. Dangerous people attack and exploit online spaces. Your insurance experts are ready to help you find the cyber commercial insurance package that’s right for your business. Call or visit your Emmaus, PA insurance experts at Patrick McNealis Insurance and Financial Group for an estimate today.