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Description
Cybercriminal activity is causing significant disruptions across businesses of all sizes, and the impact is alarming. On average, a ransomware attack costs around $5 million, and organizations typically take about 191 days to realize they have been compromised. With the frequency of cyberattacks on the rise, no business is immune to the threat. CNA provides a comprehensive range of cyber insurance products along with risk management resources designed for organizations of all scales, drawing from nearly twenty years of experience in the field. Our team of Underwriting and Risk Control specialists delivers customized, industry-relevant coverage options and equips businesses with essential tools to identify vulnerabilities and mitigate potential losses effectively. Moreover, in the event of a data breach, our experienced Claims professionals are committed to collaborating closely with policyholders, ensuring that they can maintain their focus on their core operations while navigating the challenges at hand. This proactive approach not only safeguards businesses but also fosters resilience in an increasingly perilous digital landscape.
Description
Cyber Liability Insurance is essential for anyone storing client information on devices like computers, mobile phones, or in office files. Even when utilizing third-party services such as warehouses, movers, or data storage companies, you still bear the risk of data breaches that may occur on their watch. This insurance policy acts as a protective measure for you and your business. Additionally, policyholders have the option to purchase an Optional First Party Breach Endorsement, which provides further protection against client data breaches that arise directly from your actions or those of your office staff. For NASW members, this extra coverage can be obtained for an additional premium starting at $20 annually. This endorsement extends its protection to your office personnel, including roles such as secretaries, receptionists, and administrative clerks. Opting for the Optional First Party Breach Endorsement is particularly advisable if you want enhanced coverage alongside any existing HIPAA protection included in your NASW RRG professional liability insurance policy. By securing this endorsement, you can ensure greater peace of mind regarding your data security responsibilities.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
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Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
CNA Insurance
Founded
1897
Country
United States
Website
www.cna.com/web/guest/cna/products/cyber
Vendor Details
Company Name
NASW Assurance Services
Founded
1979
Country
United States
Website
naswassurance.org/cyber-liability-insurance/