Cyber / Privacy Liability

Privacy-Liability (1)

Comprehensive Protection Against a Wide Range of Cyber Threats

Cybercriminals are increasingly targeting healthcare organizations to exploit valuable patient records and disrupt critical operations.

Don't let cyber threats jeopardize your reputation and financial stability. Invest in cyber insurance and gain peace of mind knowing your practice is safeguarded against digital risks.

InsureGen Brokers provides a premium estimate for you based on the number of patient records and your estimated annual practice revenue. Contact us now for a quick quote on this cyber liability insurance coverage.

What Does Cyber Insurance Cover?

Cyber-Insurance (1)

Cyber insurance provides you with:

  • Experienced legal counsel to help defend your practice
  • IT security and forensic experts to determine how a data breach occurred and get your practice back to business quickly
  • Public relations support if a cyber breach has occurred
  • Data breach notification to patients and partners
  • Credit monitoring and identity theft restoration services for affected patients
  • Coverage for HIPAA fines (in certain circumstances)
  • And more!
Why Cyber Liability Insurance Is Essential

Many high-profile medical facilities have had their entire systems locked by cyber criminals & held for ransom, which has resulted in dangerous gaps in patient care and lost revenue to the practice. Having your system down for even a few hours results in lost visits & potential loss of patient confidence.

Many high-profile medical facilities have had their entire systems locked by cyber criminals and held for ransom, which has resulted in dangerous gaps in patient care and lost revenue to the practice. Cyber insurance carriers are at the forefront of emerging technology, providing policyholders with updates on new security strategies to mitigate risks and protect their practices.

Cyber Threat & Financial Protection

Comprehensive cyber liability insurance coverage shields your practice against cyber attacks and other digital threats and the costs associated with data breaches, including legal expenses, regulatory fines and potential lawsuits.

Risk Management & Breach Response

Cyber/privacy liability insurance carriers provide ongoing risk management guidance and immediate breach response assistance, including emergency IT security teams to quickly contain the threat and restore operations.

Reputation Management

A data breach not only impacts your practice financially but also tarnishes its reputation. Cyber security insurance coverage includes public relations support to manage your reputation and restore patient trust in the event of a cyber incident.

What Can You Do To Reduce the Risks of a Cyber Attack?

Cyber insurance provides risk management information on how to better secure your entire network and offers immediate assistance if your system is breached.

To reduce the risk of a cyber attack, there are four main things that you can do:

  • Implement multi-factor authentication (MFA)
  • Establish a formal procedure for electronic payments
  • Maintain offline backups
  • Patch all software regularly

Don’t Leave Your Practice Vulnerable

Invest in comprehensive cyber security insurance tailored to your practice and gain the IT expertise to identify a security problem quickly, get your systems up and running and notify patients of a potential data breach.

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