Insurance coverage can lessen the blow of a security breach
Add this to your list of worries: hackers breaking into your business.
And security experts warn that it’s a messy and expensive affair to deal with hacking.
“The list of damages is endless,” said Lisa Leach Goth, president of Charles Leach Insurance in New Bethlehem. She noted that hacking attempts such as phishing emails can lead to sensitive information being stolen, a company’s production line being shut down, or computer hardware being destroyed.
Bill Ridge of Ridge Insurance Agency in Cranberry Township cautioned about the cost of legal and financial fallout connected to a security breach.
“If a business has, let’s say 3,000 people’s information, and they get hacked; now that’s 3,000 people you have to buy credit monitoring services for along with all kinds of other costs.”
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