Many independent business owners believe they are immune to a cyber attack or privacy breach. Perhaps they keep all their client files on paper, locked in a filing cabinet. Perhaps they have a laptop that’s not connected to the internet. The unfortunate fact is, 49% of all data breaches are due to a lost or stolen computer.
Having your client data exposed to a theft means a great many things. You will have to notify all your clients of the potential that their confidential data may be exposed. You will have to notify the Privacy Commissioner in your province. Worst of all, it means you might incur real financial loses, and consequently could result in you losing your business.
Legal expenses. For certain legal fees and defense expenses for civil proceedings as a result of a insured privacy breach.
Remediation expenses. For certain expenses which could include client notification, post-breach fraud or credit monitoring.
Business Interruption. This coverage is for certain kinds of loss of income as a result of an insured cyber attack.
We know that not every independent healthcare practitioner is the same. For that reason we can offer different limits to you. This allows you to choose what’s best for you and your business.
We can even provide coverage exceeding $100,000 for remediation, business interruption, and optional third party liability. As a result you decide what limits you need. Please contact us for more information.
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