We believe it’s critical to your practice to be prepared with both cyber liability insurance and an effective cyber security plan to manage and mitigate cyber risk.  In partnership with our technology vendors; Archway & Crum & Forster, we will be conducting several zoom educational sessions over the next few months on Cyber Security and planning.  

Here are some stats for you to think about:

• In 2019, the cost of cybercrime reached over $2 trillion dollars.  In 2020, those numbers will potentially double.  Cybercrime is bigger than all the drug cartels in the world.

• The average cost per stolen record in America is $220 (that’s just in initial damage) As an example, if you have 5000 compromised records it could cost you over a million dollars.

• At least five of our clients have been attacked by these cybercrimes in the last 10 months.  The systems are very vulnerable since the sudden onset of remote access due to the Corona 19 Virus.  

There are many reasons to consider a Cyber Policy, please give us the opportunity to discuss those reasons with you either via a phone call 631-269-9696 or email scolumbus@jacka-liquori.com or please join us for our upcoming educational series on Cyber Security, planning, managing and mitigating risk.