The Hartford Insurance Data Breach and Cyber Liability Insurance is available for quoting in Denver Colorado.  What is covered and Do you need it? 

Small Business Statistics *• 64% of data breaches investigated in 2010 were from organizations withfewer than 100 employees• 95% of all credit card breaches are against small businesses• 52% of small business owners reported they have no data security policy

Loss, theft, accidental release or accidental publication ofPersonally Identifiable Information (PII) and Protected HealthInformation (PHI) including:• Social security number• Bank account number• Credit or debit card numbers• Driver’s license number• Email address• Patient history and medicationsHOW A BREACH CAN OCCUR• Hacking• Theft or release due to unauthorized access (such as by formeremployees or vendors)• Stolen or lost paper and electronic files• Stolen or lost laptop, smartphone, tablet, or computer disks• Stolen credit card information• Employee error or oversightWHO NEEDS DATA BREACH COVERAGEAny business, small or large, that handles or stores any privatebusiness, customer, patient or employee data is at risk. The followingbusinesses are at a higher risk for a data breach because of thequantity and type of sensitive information they handle and store:• Healthcare practices• Law offices• Accounting offices• Retailers• Restaurants• Financial ServicesHOW DATA BREACH INSURANCE CAN HELPOffers time-saving professional services to help quickly restoreyour business’ reputation, guide you in handling a breach andassistance with regulatory compliance• Covers response expenses, including mailing notification letters,credit monitoring services and public relations• Provides coverage for defense and liability expenses in the eventyou are sued because of a breachINSURANCE COVERAGE DETAILSCoverage includes:• Legal & Forensic Services to assess whether a breach occurredand assistance with regulatory compliance if it is determined thata breach occurred ($5,000 sub-limit applies)• Notification to impacted customers and employees and associatedexpenses such as letter preparation and mailing costs.• Crisis Management/Public Relations to inform your customers abreach has occurred and to help restore your business’ reputation• Good Faith Advertising Services to organize and create a mediaresponse ($5,000 sub-limit applies)• Monitoring Services to pay for credit, fraud, public records orother monitoring alerts, if warrantedAvailable Limits: $10,000; $25,000; $50,000; $100,000Per Claim Deductible: $1,000 for $10,000 and $25,000 limits;$2,500 for $50,000 and $100,000 limitsDEFENSE AND LIABILITY EXPENSE (3RD PARTY)• Coverage for civil awards, settlements and judgments thatyou’re legally obligated to payAvailable Limits: $50,000; $100,000; $250,000; $500,000No deductible appliesDefense costs are within limits SERVICE DETAIL SAccess to a Data Breach Web Site Providing: • Tips and resources to help you minimize the chance for a breachand safeguard PII and PHI• Legal requirements by state• Information on how to create a data breach incident response plan• Guidance on what needs to be done if a breach occursTeam of Breach Experts Who Will: • Assist you if you believe a breach has occurred and determinethe potential severity of the breach• Consult on “next steps” to address a breach situation