How to actually get cyber insurance

First things first, let’s talk about the ‘how’ of getting cyber insurance. There are really only a handful of ways to solve this problem. Here are your options:

• Call your insurance broker where you bought your business owner’s, homeowner’s, or renter’s insurance and tell them you  would like to purchase cyber insurance. The only drawback to this method is that your insurance broker may not offer cyber liability insurance
• You can try your luck by calling your current insurer if you have a business owner’s policy and ask them to add cyber coverage to your policy. But the issue you face is choosing from a complicated set of options and struggling to answer questions that you feel like you need a computer science degree to answer

‍There is a better way. You can use Telivy! Telivy is a digital insurance platform where you can get cyber insurance coverage in a matter of minutes. We are backed by over 30 years of insurance industry experience and have partnered with a number of top tier cyber insurance companies across the country to provide you the best options with near instant quotes. You’ll have the benefit of multiple insurance carriers competing for your business on our marketplace. Once you find a policy that you like, you can sign up for it with just a few clicks.

How to respond to a breach

If you’ve just been hacked or experienced a cyber attack, there are a few steps you should take immediately to limit the potential damage:

1. Disconnect the affected computer from your business’ network. Don’t just shut the computer down immediately. First disconnect your computer from your company’s wifi and any other networks. Be sure to forget all networks saved on the computer. This way you limit bad actors from further attack. When you startup your computer, it often will automatically connect with known networks. You want to prevent this from happening in case the hacker still somehow has access to your computer.
2. Document all aspects of the attack that you can. Note all affected devices, accounts, assets etc. Your record of all things affected by the breach will come in handy for things like filing a police report, filing an insurance claim, and just overall assessing the damage.
3. Plan against further attack. At the risk of being too obvious, change all your passwords immediately. Typically in the initial stages of a hack, it’s hard to tell where the vulnerability initially started so it's best to just change every password to be safe. 

If you’ve been hacked and you’re looking for cyber liability insurance, first, definitely secure your network and devices, but once you’re done with that, let Telivy get you covered in the time it takes to google 'cyber insurance'.