What is a Data Breach?
The term data breach has been all over the news lately. It happens when personal information is compromised and falls into the wrong hands. Whether someone is stealing your customers’ credit card numbers or your employees’ tax information, it can wreak havoc on your business. Here are a few examples of how a data breach can happen:
- Laptops, backup drives or smartphones are lost
- Stored documents are left unsecured on your premises.
- A database is hacked.
If you’re a business owner (no matter what the size or type of your business), consider adding data breach coverage.
Here’s How ERIE Can Help
ERIE partners with CyberScout, a leading provider of data risk management solutions, to offer business owners Data Breach Response Expenses Coverage,[1] which will help cover:
- Expenses to notify affected individuals of the data breach
- Legal and forensic costs to determine the extent of the data breach and how to best respond
- Services for affected individuals such as credit monitoring, a help line and identity restoration case management
- Access to data security resources for your business
- Crisis resolution for your business
Get in touch with a local ERIE agent to learn more about the coverage. By adding this to your business policy, you can rest assured knowing you have the right tools to help you if a data breach should happen.