Your patients' medical records may be at risk!

All healthcare practices, no matter their size, are vulnerable to cyber attacks & breaches.

CyberDot offers a lot more than just basic cyber insurance coverage

Our cyber insurance coverage also includes a team of cyber security gurus ready to assist your business in case of a cyber-attack or data breach.

Our cyber insurance coverage also includes a team of attorneys ready to consult your business in case legal issues arise due to a cyber-attack or data breach.

Our cyber insurance coverage also includes a team of marketing professionals ready to repair your business reputation and minimize brand damage in case of a cyber-attack or data breach.

YOUR HEALTHCARE PRACTICE NEEDS CYBER INSURANCE

The HIPPA Breach Notification Rules require all healthcare practices to report data breaches of more than 500 records within 60 days.

$
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is the average cost per lost or stolen health record due to a cyber security breach

2017 Ponemon Institute Cost of Data Breach Study: Global Overview

healthcare companies reported a cyber security breach in 2017

2017 Protenus, Inc. Protenus Breach Barometer

patient records were lost or stolen due to cyber security breaches in 2017

2017 Protenus, Inc. Protenus Breach Barometer

45% more cyber security breaches happened in 2017 compared to the record-setting year of 2016

Identity Theft Resource Center

CyberBreach

61% of SMBs have been breached in 2017 vs 55% in 2016

2017 Ponemon Institute State of SMB Cybersecurity

60% of SMBs go out of business within 6 months of a cyber security breach

National Cyber Security Alliance

Your patients' medical records are at risk!

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No healthcare practice, regardless of size, is immune from a cyber breach.

Stolen health care records sell on the black market from 10 to 20 times the value of a stolen credit card number.
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For breaches involving more than 500 records, healthcare organizations are required by law to notify affected individuals as well as the local media.

Can your business recover after experiencing a data breach?

The Office for Civil Rights is currently investigating the latest reported data breaches.

Name of Covered EntityStateCovered Entity TypeIndividuals AffectedBreach Submission DateType of BreachLocation of Breached Information
Allegheny County, PennsylvaniaPABusiness Associate150509/22/2023Hacking/IT IncidentNetwork ServerYes
Clover Health LLCNJHealth Plan283409/22/2023Unauthorized Access/DisclosureNetwork ServerNo
Health First, Inc.FLHealthcare Provider1417109/22/2023Hacking/IT IncidentEmailNo
Arkansas Total Care, Inc.ARHealth Plan57809/21/2023Hacking/IT IncidentNetwork ServerYes

How we can help

Our goal is to help you find the most effective and affordable cyber insurance policy for your business and provide you with professional cyber security advice.

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Save your money

Our cyber security and insurance professionals will fit your business with the best valued cyber insurance policy.
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Your time is valuable

We will respond to your questions, provide you with quotes and bind your cyber insurance coverage within 24 hours.
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Get the answers

Our cyber security professionals are also licensed and experienced insurance agents. We will answer your cyber security and insurance questions.

WHAT DOES CYBER INSURANCE COVER?

Cyber insurance covers your first and third-party risks. 'Third-party risks' refers to the costs and losses associated with any litigious claims veiled upon you by your customers or other third parties and 'First-party risks' refers to the policyholder's losses.

THIRD-PARTY COVERAGES

Coverage for lawsuit defense, investigation, settlements and judgments that arise against your company the party responsible for keeping sensitive data safe and failing to do so due to a cyber event.

Network Security, Data Security, Media Content and Privacy Liability

Coverage for lawsuits made by affected or potentially affected victims of a cyber-attack. The lawsuits may be alleging your failure to protect sensitive information, transmission of malware to other systems, as well as the publication of data that results in defamation, invasion of privacy or infringement of intellectual property rights.

Regulatory, HIPAA, and PCI Defense, Fines and Penalties

Coverage for costs associated with fines and penalties incurred due to a violation of HIPAA, PCI, GLBA or GDPR regulation rules as a result of a cyber event.

FIRST-PARTY COVERAGES

Coverage that is designed to cover the costs to your business as a result of a cyber-attack or a data breach.

Data Breach Response

Covers expenses the insured incurs to hire a 3rd party incident response team, public relations & legal experts, as well as the expenses related to customer notification and credit monitoring in connection with a specific cyber event.

Notification Costs

Covers the costs associated with notifying affected and potentially affected individuals or companies whose sensitive information has been compromised. With notification laws being occasionally updated and significant penalties that follow non-compliance with those laws, it’s important to act swiftly after the breach happens.

Reputation Income Loss

Covers loss of profits due to adverse publicity that may arise post cyber event and bring to light your failure to protect confidential information.

Ransomware Extortion

Covers the payments to a cyber extortionist that is holding your data hostage or is threatening an attack. Just like Kidnap & Ransom policies, Cyber Liability policy provides critical assistance. An ability to pay the extortionist on the spot, often in the requested cryptocurrency and professional negotiating with the extortionist.

Cyber Crime

Covers loss of money taken by the criminals from your company’s accounts.

Social Engineering

Covers loss of money in the case you or your employees fall victim to a social engineering scam. Scam artists, through social engineering scams like phishing, can use fraudulent instruction to acquire money from your or your employees.

Business Interruption

Covers loss of profits and extra expense due to disruption in business operations resulting directly from unauthorized access or use of a computer system, transmission of malicious code or virus, or a Denial of Service Attack.

System Failure Interruption

Covers loss of profits and extra expenses due to computer system failure and disruption of business operations as a result. The system failure could be due to hardware or software glitches, human error, a cyber-attack, etc. This coverage could be written on an All Risk (broad coverage) or Named Peril (only specifically named types of system failures are covered). Typically, power outages and software upgrades may not be covered so it is important to review exact wording in the policy.

Contingent Business Interruption

Covers extra expenses and loss of profits due to a cyber-attack of a critical business partner. For example: the hacking of your data storage provider that stores sensitive data of your customers.

Computer System Property Damage

Covers the cost to restore hardware damaged because of a specific cyber event.

This information is for marketing purposes only and is not a complete description of all products and services offered by Berkley Cyber Risk Solutions. Not all products and services in every jurisdiction and the precise coverage afforded by any insurer is subject to the actual terms and conditions of the policies as issued.

WHY BUY INSURANCE FROM A COMPANY THAT KNOWS LITTLE TO NOTHING ABOUT CYBER SECURITY?

Your Customer Data May Be At Risk

CyberDot is your cyber insurance solution:

  • Automated online Cyber Insurance platformc
  • Backed by A+ rated insurance carriers
  • A team of cyber security-and licensed insurance specialists who understand your cyber insurance and security needs

Get coverage

Running a business is challenging enough without having to worry about cyber liabilities and lawsuits. You are one click away from getting the vital coverage your business needs.
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