Panthera Insurance Partners offers cyber liability insurance that covers a wide range of risks, including:
The average cost of a data breach has increased to $4.45 million per event, according to a recent IBM Security report. Cyber liability insurance can help protect your business from the financial and reputational damage of a data breach.
Data Breaches
Data Breaches are security incidents in which unathorized parties gain access to sensitive or confidential information. Let us safeguard your sensitive information and maintain your customers' trust. We can provide protection to mitigate financial and reputational harm to your business.
Malware Infections
Malware, short for malicious software, is any intrusive software developed by cybercriminals (hackers) to gain unauthorized access to IT systems in order to steal data or disrupt system services or damage IT networks in any way. Examples of common malware include viruses, worms, Trojan viruses, etc.
Ransomware Attacks
Ransomware attacks are types of malware identified by specified data or systems being held captive by attackers until a form of payment or ransom is provided.
First-Party Liability
First-party cyber liability Insurance helps you respond to data breaches on your own networks or systems.
Third-Party Liability
Third-party cyber liability Insurance helps pay for lawsuits caused by data breaches on a client's network or systems.
Social Engineering
A sophisticated cyber attack that aims to deceive the victim into believing that the perpetrator is a familiar and trustworthy individual. Subsequently, the hacker may request critical information, such as passwords, or initiate unauthorized fund transfers to their account. Safeguarding against such threats is crucial in maintaining the security and integrity of your systems and information.
