Cyber exposures are an emerging and increasing threat to engineering firms like yours, as with any business engaged in electronic communications and internet-based information and commerce. Fortunately, you can protect your systems and operations by purchasing robust cyber insurance. Buying coverage with the ACEC BIT is easy.
Call 833-223-2248, request more information,
or email acecbit@greyling.com
Depending on the coverage selected, cyber liability insurance can cover these types of claims:
- Network breach liability if your system is hacked or compromised (third party liability)
- Privacy liability if an issue with your firm’s system causes the release of confidential information or government-mandated protected data
- Breach response costs, often mandated by law
- Data restoration for files corrupted due to a cyber event
- First-party business interruption if your firm cannot operate during a hacking event
- Cyber extortion if your firm must pay a ransom to unlock systems or files