Is Your Business Protected from Cyber Attacks?

Written By: Michael Dollar

Date: April 24, 2017

Recently, Troup County’s entire computer system was hit by a cyber attack. According to the LaGrange Daily News, a virus took down all of its computers – even the sheriff’s office, tax records and 911 – making it impossible for county employees to access anything. The hackers were after more than just customer data. They wanted money, too. They demanded thousands in ransom money to remove the virus. Fortunately, the county had purchased a cyber insurance policy from Hutchinson Traylor.

That meant they were able to get the right people in place as soon as they knew they were hit by the virus. Had they not, things could have been a lot worse. With cyber criminals targeting our local government, this subject is hitting a lot closer to home than we would like. But it begs the questions: Would you know what to do if it happened to your business? Does your company have cyber coverage?


Although you probably hear more about cyber criminals targeting large industries, last year, 14 million small businesses like yours were hacked. And 50% of small businesses say they do not have anything in place to deal with the crisis. From what we’ve seen, it could cost your company more than just money but months trying to run damage control, both internally and with your customers.


Remember The Three B’s of Cybersecurity:

  • Be aware. All it takes is one unsuspecting employee to click on a link in a phishing email.
  • Be organized. Protect your digital assets just as you would your physical assets.  Conduct regular audits of your equipment.
  • Be proactive. Take steps now to mitigate any threats.


Check Your Policy

Check your policy now to make sure that you have cyber liability and data breach coverage as part of your business insurance package. Unfortunately, there are some insurance companies that haven’t caught up with the times. Some offer general business liability coverage. However, this only protects against injuries on your premises suffered because of your product and trademark/copyright infringements.


Protection should include first-party coverage for losses you might suffer, business interruption and lost income. It should also include third-party coverage for losses that your clients may suffer if their information was compromised. It can also offset the cost of notifying anyone who may be affected by the cyber attack.


If your policy doesn’t include cyber coverage, call Hutchinson Traylor today. HT offers several, customizable plans so you can choose the one that’s right for your business.


For more than 85 years, Georgia families and businesses have counted on Hutchinson Traylor for the best property and casualty, life and health insurance, as well as financial products and services. Known as a leader in the region, HT was recently named a 2016 Best Practices Agency by the Independent Insurance Agents & Brokers of America – an award given to only a small, elite group of top-performing agencies in the country. Call them today at 800-432- 2997 to talk with a caring, friendly agent. With offices in LaGrange, Columbus and Moultrie, Hutchinson Traylor is with you every step of the way.


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