errors and omissions insurance Cyber Risks and Errors Omissions Insurance | Axis Error & Omission
Error Omissions
Error Omissions
Submit your information below so we can contact you with a FREE quote
[All fields are required.]
Actual Annual Revenue:
Verify:
=
I have read and agreed to theTerms & Conditions
Error Omissions
Error Omissions

Cyber Risks and Errors Omissions Insurance


Professional service firms that conduct business on the Internet face significant threats to their cyber security on a daily basis. Most do not realize the inherent errors and omissions risk they are exposed to, as businesses are commonly granted access to client data in the form of names, addresses, social security numbers, tax identification numbers, credit, medical or other sensitive information. A cyber risk insurance policy is an errors and omissions insurance policy, meaning that it covers liability for professionals who encounter specific risks due to the nature of their business. For an Internet-based business, this may include cyber extortion, unauthorized disclosure of client data or other sensitive information and hacking. An unauthorized disclosure could be a simple breach of your computer system, the loss of a laptop containing confidential information, or an employee copying proprietary data onto a disc or jump stick without permission. A security breach can lead to an errors and omissions claim, or require notification of all parties affected and the provision of at least one year of credit reporting. Axis Insurance Services LLC can help defend you and your business from such a claim, and cover the associated costs of meeting the requirements of state reporting and rebuilding your company’s reputation for safety.  Don’t wait until it happens to you. Recent breaches of security on major gaming and blogging systems have shown that no one is immune to cyber risk. Let Axis show you how we can help protect your business.

Comments

comments

Blogged on: July 8, 2011 by Mike Smith
Error Omissions
Error Omissions
Submit your information below so we can contact you with a FREE quote
[All fields are required.]
Actual Annual Revenue:
Verify:
=
I have read and agreed to theTerms & Conditions
Error Omissions
Error Omissions