The right commercial insurance can provide protection well above standard policies. If you’re a business owner in Flowood, MS, cyber insurance is becoming more critical with each passing year. At Insurance Protection Specialists, we work with clients year-round to properly protect their commercial investments.
When Businesses Collect and Store Information
Commercial cyber insurance is advisable for any business that collects, stores, or processes private cuonsumer information, including names, addresses, payment details, and even Social Security numbers. The right policy can help prevent liability issues if you are the victim of a breach or hacking attempt.
Accepting Online Payments
Accepting online or remote payments means scanning credit cards, using online invoicing, and selling products to individuals. Cyber coverage helps protect your own liability if you experience a hack or breach.
Remote Businesses
Remote businesses that store data and information on the cloud can also benefit from cyber insurance. When you rely on remote logins, email-based operations, digital communication tools, and third-party software, it’s essential to have the right amount of coverage. Businesses that could face significant downtime if their systems were to be breached can also benefit from cyber insurance.
Knowing what type of commercial insurance you need as a business owner is one of the most important aspects of building a business. At Insurance Protection Specialists, we specialize in providing clients with valuable insurance advice to help protect their investments. To learn more about cyber insurance, contact us. We’re currently serving Flowood, MS.
