Cyber Liability Insurance Requests at:
PHONE 209.634.2929
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GDI Insurance
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An Examination of Our Cyber Breach
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Our office suffered a 3rd party cyber breach on July 10, 2019. We've put together a case study that explains what we experienced, the costs we incurred, what we learned, and what we would change .
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The Event & The Extent
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Our computers and systems were crashing and we soon found out our Remote IT Company had been hacked and the hacker deployed ransomware via Remote IT Company's system to all of their clients's systems - nearly 400 businesses in all were impacted.
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The Costs
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There's a lot to consider
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Forensic Systems Audit
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Legal Costs
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Business Income
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Notification Expense
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Hardware & Software Replacement
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The Lessons Learned
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We learned a few big lessons through our trying Cyber Loss, the most obvious being that Cyber related losses are FAR MORE impactful to most businesses than anyone takes the time to appreciate.
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Interested In Cyber Insurance?
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Give us a call! We're happy to find the right cyber liability insurance policy.
209-634-2929.
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Your Business Insurance Customized
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Each program is analyzed specifically for your business and the cost vs. benefit outcome.
We take in consideration the following elements:
We take in consideration the following elements:
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Business Cash Flow
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Best Case Deductibles
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Long Range Planning Goals
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Tax Efficiencies
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Copyright © 2019
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