Cyber & Network Security
Your company takes advantage of the latest advances in technology, but is it ready to respond to the most recent cyber risks?
With all the advantages of new technology, there are accompanying exposures. Any company today can fall victim to a multitude of cyber crimes including malware/virus infection and contagion, web media that appropriates another’s intellectual property, loss of laptops or smartphones with sensitive customer or employee data, or trade secrets that have been compromised by hacker intrusions.
Cost of Loss
The damage caused by any of these losses could be substantial. The financial cost for an average data breach is more than $5 million. With computer-related events typically excluded from general liability policies, cyber liability insurance is now essential.
Assessing Your Exposures
All privacy and cyber liability insurance policies are different, and coverage terms can change as quickly and as rapidly as the risks they cover. It takes a specialist that can help you tackle the moving risks posed by technology, assess those exposures that threaten your company or organization and identify the coverage that matches your risk profile.
Our expert cyber team has been ahead of the game at every turn in the market. Our reputation has been built on our experience and resources devoted to developing thoughtful solutions that guard you against emerging cyber risks.
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News & ResourcesSee All
Insurance Marketplace Trends, Industry Issues and Outlook - Q1 2022
The Alliant Insurance Marketplace Insights & Observations Report for Q1 2022 provides insightful information on current market conditions, industry issues and outlook for each industry as a whole.
Specialty Podcast: S&P Global Warning - Cyber Will Be Factored Into Credit Ratings
S&P Global is warning companies that cyber risks are going to be factored into their creditworthiness as well. Ron Borys, Brian Dunphy and David Finz, Alliant, break down what this means for Directors and Officers.
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David Finz, Steve Pierce and Matt Walsh, Alliant, discuss the increasing threat of ransomware and cyber attacks on the construction industry. Businesses in the private sector have been warned to harden their cyber defenses, including construction, an industry not typically thought of as a potential target for a cyber attack.