Insurance Center of New England, Inc.

Don’t let your business stay at risk any longer.

CALL our data breach experts today to learn about coverage:
Ben Garvey (413) 750-7131 & Lynda Gordon (978) 754-4427
Or EMAIL US now at cybersecurity@icnegroup.com.

Data Breach/Cyber Security

A data breach could happen to any company big or small.
Don’t assume that because you run a small company that
you won’t be targeted. Often times, id thieves target smaller companies because they know they do not have the high
tech data security systems in place like many larger organizations do.

Identity theft is the nation’s fastest growing crime.*

It is important to have a strong cyber security system in
place within your organization, as well as, to protect yourself against the possibility of a breach happening. Without the proper insurance, a data breach could wind up costing your company thousands of dollars if not more.

Frequently Asked Questions

  • What is considered a data breach?

    A data breach is a security incident in which sensitive, protected or confidential data is copied, transmitted, viewed, stolen or used by an individual unauthorized to do so.

    [X] Close

  • How easily can a data breach happen?

    A data breach could be as complex as a cyber hacker hacking his/her way into your network’s computer system or as simple as a laptop being misplaced or stolen or one of your employees inadvertently throws sensitive documents into a trash receptacle that is not secure.

    [X] Close

  • You are at risk for a data breach if your company handles or stores the following:
    • Consumer credit card data
    • Personal financial information
    • Social security numbers
    • Personal health information
    • Employment information
    • Business information of others
    • A company that handles or stores any information that could be used to steal one’s identity is at risk of a data breach.

    [X] Close

  • How could a data breach affect your business?

    Depending on the state your business is in there are multiple laws and regulations that you need to abide by in the event of a data breach. In most states, if your company is affected by a data breach you will be required to inform your customers or clients whose data may have been compromised or may be potentially at risk. You will also be required to offer those individuals with free credit monitoring for up to a year after the breach. You could be faced with substantial legal liability and regulatory expenses. It would be wise to obtain legal counsel. You also face the risk of losing clients and potential clients out of fear. Your company will have to pay out of pocket for these expenses unless the business has some type of data breach or cyber liability insurance.

    [X] Close

  • What is data breach/cyber liability insurance?

    Data breach, or as it is commonly called, "cyber liability" insurance is insurance coverage that is designed to specifically meet the expenses resulting from a data breach to your organization.

    Data breach/cyber liability insurance typically includes coverage for the following:

    • Expenses for data breach notification and credit monitoring services for affected individuals
    • Costs associated with forensics and legal assistance
    • Separate coverage limits for third party claims
    • Crisis management
    • And more...

    [X] Close

Note: A data breach is not typically covered by a traditional insurance policy.