UMA Cyber

Why Does My Business Need Cybersecurity Insurance?

Small Businesses – More than half of all cyber attacks are against small businesses. Experts believe that cyber criminals aim at small companies because they see them as easy targets. Small companies may not have the same resources as bigger conglomerates to combat crime crimes. Criminals are also banking on smaller companies having employees that are not trained well in terms of avoiding cyber crimes.

What Will My Policy Look Like?

Most cybersecurity insurance policies will consist of first-party and third-party covers. First party These sections of a policy will cover a business's financial loss that results from a cyber incident. In this case, a cyber incident is defined as any actual or suspected unauthorized system access, electronic attack or privacy breach, or system downtime.

Why Work with Transportation Insurance Brokers?

Cybercrimes are a risk to businesses in the transportation industry more than ever before as more companies are using technology and access to the internet to streamline operations. These types of companies are targeted by criminals who specialize in ransomware and cyber extortion.