Cyber liability insurance more necessary now than ever GMG Most people are concerned about the possibility of identity theft. We frequently read stories about the data breaches that businesses of all sizes face; but what does it really mean when data is "breached?" For starters, there's a few different types of breaches that all business owners should be aware of. Insurance Agency First, phishing is the most personal type of attack where hackers send out emails, texts or other com muniques under false pretenses to steal your personal information. Next, ransomware is a type of software that accesses and encrypts important files on your server, making them inaccessible and potentially de- stroying them, until the victim makes a payment to a specified entity. The third type of breach is completed via malware, which is used by hackers to compromise or destroy valuable files. Simply put: when data is compromised, you need coverage that isn't. At GMG, we provide the coverage you need to prepare for any cyber threat. As an inde pendent insurance and risk management firm licensed in over 40 states, we connect you with the services and coverage that make all the difference when the unthinkable happens. To start customizing your insur- ance plan to protect your business from today's risks contact us at 215-497-9240, contact@gmgins.com or visit GMGins.com Data breaches like these challenge companies, tarnishing the trust they've built with customers and interrupting their business. Without insurance cov- erage that equips for today's breach-ridden times, these breaches can also subject businesses to financial losses, through expensive fines and lawsuits Submitted by GMG Insurance Agency Cyber liability insurance more necessary now than ever GMG Most people are concerned about the possibility of identity theft. We frequently read stories about the data breaches that businesses of all sizes face; but what does it really mean when data is "breached?" For starters, there's a few different types of breaches that all business owners should be aware of. Insurance Agency First, phishing is the most personal type of attack where hackers send out emails, texts or other com muniques under false pretenses to steal your personal information. Next, ransomware is a type of software that accesses and encrypts important files on your server, making them inaccessible and potentially de- stroying them, until the victim makes a payment to a specified entity. The third type of breach is completed via malware, which is used by hackers to compromise or destroy valuable files. Simply put: when data is compromised, you need coverage that isn't. At GMG, we provide the coverage you need to prepare for any cyber threat. As an inde pendent insurance and risk management firm licensed in over 40 states, we connect you with the services and coverage that make all the difference when the unthinkable happens. To start customizing your insur- ance plan to protect your business from today's risks contact us at 215-497-9240, contact@gmgins.com or visit GMGins.com Data breaches like these challenge companies, tarnishing the trust they've built with customers and interrupting their business. Without insurance cov- erage that equips for today's breach-ridden times, these breaches can also subject businesses to financial losses, through expensive fines and lawsuits Submitted by GMG Insurance Agency