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In today’s ever-changing world of technology, it’s important for companies to have proper cybersecurity measures in place that will protect the longevity of their digital infrastructure.

However, it’s not hard to imagine a scenario where a virus on your system contaminates someone else’s, or your computers are hacked and important data stolen. When this happens, there are the risks that come with breaches of privacy, potential defamation, copyright infringement or even fraud.

Many people think that their Commercial General Liability insurance will cover them, but this is not the case. Most Commercial General Liability policies have specific electronic data exclusions. That means cyber risks aren’t covered, leaving your company vulnerable to all kinds of suits – such as cyber-libel triggered by a simple ill-advised email, or the theft of confidential data. That’s why Axis Insurance has created insurance policies to mitigate the risks faced by companies in the cybersecurity space.

Axis Cyber Risk Assessment

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