Professional Liability Services can help you find the right Cyber Security coverage to fit your needs.
As an independent agency, we have a variety of top-rated carriers at our disposal, which allows us to find nearly the perfect fit coverage for everyone. Complete the form below and get a quote today.
WHAT IS CYBER INSURANCE?
When a breach occurs, cyber insurance covers the range of expenses that can arise. These include identifying and solving the breach, recovering data, customer notifications, crisis management and PR communications, possible credit monitoring expenses, legal expenses, potential fines from compliance regulators, extortion costs from ransomware, and general business interruption.
Most prevalent threats to Law firms
Business Interruption
Business interruption occurs when a law firm has a loss of income as the direct result of a system failure or impairment due to a failure of network security.Fraudulent Funds Transfer
Fraudulent funds transfer is a common issue for law firms, which are often businesses with large, free cash flow. Fraud attempts often start with phishing emails that gain access to an employee's credentials. Hackers use that information to directly access bank accounts or send fake invoices to misdirect funds.Business Email Compromise
Business email compromise is when an intruder gains access to a firm's email accounts, often leading to an attempt at installing ransomware or requesting a fraudulent funds transfer.
Here are a few things you can be doing to help prevent a cyber Security breach
Back up your data - Backing up your business’s data and website will help you recover any information you lose if you experience a cyber incident or have computer issues.
Secure your devices and network - Ensure you set your computers, operating systems and security software to update automatically. Updates may contain important security upgrades for recent viruses and attacks.
Encrypt important information - Make sure you turn on your network encryption and encrypt data when stored or sent online. Encryption converts your data into a secret code before you send it through the internet, reducing the risk of theft, destruction or tampering.
Use multi-factor authentication when possible - Multi-factor authentication (MFA) is a verification security process that requires you to provide two or more proofs of your identity before you can access your account. Most common practices will send a verification code to your phone or email.