When your house is on fire — you call the fire department. When you need medical assistance — you call the paramedic. But who do you call when your cyber security is breached?
Many organizations rely on collecting, storing, and transferring personal information about their employees and customers on their network. This puts organizations at risk for cyber attacks that can lead to severe damages — including lawsuits, fines, and serious financial losses — regardless of size.
In today’s digital age, it’s crucial for organizations to have the ability to respond and defend against the ever-evolving digital threat. On average, Canadian organizations took 173 days to identify a breach and 60 days to contain one.
MBC provides an insurance product which delivers a cyber liability exposure solution; it covers network business interruption, ransomware, extortion, social engineering, intellectual property risks and more — plus full post-breach crisis management assistance.
Coverage Highlights:
- Security & Privacy Liability
- Network Interruption & Recovery
- Privacy Regulatory Defense & Penalties
- Network Extortion
- Reputational Damage
- Multimedia & Intellectual Property Liability
- Event Support Expenses
- Electronic Theft, Computer Fraud & Telecommunications Fraud
- Social Engineering Fraud
- Post-Breach Crisis Management
Let's build a program
that fits your business.
Talk to an MBC commercial advisor — no call centres, no runaround.
