If you’re a business owner, you need commercial insurance. Many business owners seek assistance from experienced insurance agencies to make sure they have the right insurance policies. For companies in Brooklyn, NY, our team at VAC Insurance Agency can help navigate the various insurance options and select the ideal coverage portfolio.
Why Cyber Insurance Is More Important Than Ever
If your company has a website or an online record system, you are at risk of a hack. Many companies purchase cyber insurance to protect their online resources. The New York Department of Financial Services announced that Kaitlin Asrow, the acting Financial Services supervisor, has introduced updated guidelines for cybersecurity insurance. These changes arose from the state’s recognition that growing reliance on third-party service providers has led to a significant increase in cybercrime.
Many companies today trust their tech functions to managed service providers, cloud service providers, or data processors. Unfortunately, there has been a statewide increase in data breaches, creating downtime due to poor network capabilities and supply chain attacks. To protect your company, consider cyber insurance. Cyber insurance is intended to pay for financial losses caused by a cyberattack or data breach.
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\When you buy insurance, you want to be sure your policies are compliant with state regulations. Our team at VAC Insurance Agency can help reassure you by offering the best policies for your unique needs. Call us. We’re currently serving Brooklyn, NY.
