Cyber Insurance for 'Ransomware' and Extortion Situations - Rekerdres and Associates

Cyber Liability Insurance is on the forefront of a lot of business owner’s minds. ‘What if I get hacked? What if my business ends up in news headlines?’

Recently, ‘Ransomware’ is a more specific threat gaining momentum in cyberspace.

Executives hear about ‘WannaCry’ or ‘Petya’ security breaches…how these hackers hold confidential data for ransom. The attackers demand a certain dollar amount, in exchange for NOT releasing the sensitive data.

There is insurance that covers this situation, so that when the ‘worst nightmare’ comes into being, your business is covered.

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