This move is a response to the increasing prevalence of data hacks and leaks, especially in today’s digital-first world. The brokerage says that its plans protect against the financial fallout caused by network breaches, system failure, online extortion, business interruptions, and more.
More information is available at https://youtu.be/3yX_2IiNe4c
A company representative notes that the trucking industry is especially vulnerable to cybercrime as it relies on the internet to accept payments, book jobs, track shipments, and communicate with clients. Given the precious cargo that truckers ferry across the country, they are also an attractive target for hackers. Having the right insurance plan can mitigate the damage caused by cyber attackers.
A GROWING CONCERN
Cyber attacks cost a business $3.86 million per incident on average. Furthermore, online criminal activity has only gotten more sophisticated and thus harder to thwart, with data from CheckPoint showing that hacking incidents grew by 28% in the third quarter of 2022.
A spokesperson adds: “When it comes to data hacks, it’s a question of when – not if. Hence, smart truckers and operators know that cyber insurance is a must-have, not a nice-to-have.”
HELPING COMPANIES RECOVER
Cyber liability insurance can likewise cover expenses related to ransomware attacks or leaked data from stolen laptops and tablets. Such a policy ensures that truck fleet operators can recover quickly from cyber-attacks and is therefore a crucial part of resiliency planning.
ABOUT INSURANCE BROKERS OF ARIZONA
Insurance Brokers of Arizona offers comprehensive protection to both individuals and commercial entities. The company works with over 40 of the country’s leading insurers. In addition to cyber liability packages, it also offers vehicle, property, business, and medical supplement insurance.
A satisfied client shared this review: “Insurance Brokers of Arizona has been amazing to work with. They respond quickly and give great customer service on top of getting you the best rates. We definitely recommend them for your insurance needs.”
Prospective clients can request a quotation for cyber liability insurance at https://insurancebrokersofaz.com
Insurance Brokers of Arizona
690 E Warner Rd
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Study Champ journalist was involved in the writing and production of this article.