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Instant Insights / October is National Cyber Security Awareness Month

Insurance companies are expecting cyber-related losses across all business lines over the next 12 months.

Analysis

You’ve been hacked. Now what?

Data breaches happen fast. Here’s a look at what happens next, and where cyber liability insurance can provide assistance.

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Some breaches, like ransomware, are obvious, because they won’t let you use your systems without paying a fee. But malware, phishing and other breaches can be elusive because they run in the background and secretly steal your data. (Shutterstock) Some breaches, like ransomware, are obvious, because they won’t let you use your systems without paying a fee. But malware, phishing and other breaches can be elusive because they run in the background and secretly steal your data. (Shutterstock)

You just discovered your business suffered a data breach.

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