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Small Business Cybersecurity Podcast - Episode 8: Cyber Liability Insurance

Episode 8: Cyber Liability Insurance

02/01/18 • 48 min

Small Business Cybersecurity Podcast

Most business and professional liability insurance policies do not include cyber liability for a data breach. Steve and Femi talk with special guest Tyler Delaney, CIC, of First West Insurance to discuss why small businesses need cyber insurance to cover liability of data loss/destruction, computer fraud, funds transfer loss, cyber extortion and personal information exposed by hackers or other criminals.

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Most business and professional liability insurance policies do not include cyber liability for a data breach. Steve and Femi talk with special guest Tyler Delaney, CIC, of First West Insurance to discuss why small businesses need cyber insurance to cover liability of data loss/destruction, computer fraud, funds transfer loss, cyber extortion and personal information exposed by hackers or other criminals.

Previous Episode

undefined - Episode 7: Government and Industry Contracting

Episode 7: Government and Industry Contracting

Early on, most agencies did not address cybersecurity as part of contracting. Now, it is standard language in all contracts, especially those in Government and Industry entities. The number one rule in contracting is that your small business must meet or exceed the cybersecurity protection level of your client. The U.S. Department of Defense has its own cybersecurity requirements for contractors. Being noncompliant can lead to cancellation of contracts and/or liability for damages, or more. Femi and Steve talk about what kinds of measures your small business needs to do in preparation for bidding on government and industry contracts.

Next Episode

undefined - Episode 9: Cybersecurity Training and Awareness

Episode 9: Cybersecurity Training and Awareness

Employees who are well trained are going to be a key part of your overall risk reduction strategy. Poorly trained employees are going to render investments you make in the technology sector to reduce your risks. Training does not have to be complicated. Steve and Femi talk about easy steps you can take to train your employees to safeguard cybersecurity risks.

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