​Why Your Business Needs Cyber Insurance

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Even with firewalls, anti-virus software, and IT support, no business is immune to cyber risk. Consider:

• Phishing & Social Engineering – employees can be tricked into sending payments or sharing sensitive data

• Ransomware Attacks – hackers encrypt your files and demand payment

• Data Breaches – exposure of customer, employee, or patient information

• Business Interruption – downtime from system outages or malware attacks

• Regulatory Fines – HIPAA, PCI, and state-level privacy laws carry heavy penalties

 

What Cyber Insurance Covers

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Cyber insurance can provide:

• Incident Response Costs – for IT forensics, legal services, and breach notification

• Data Breach Liability – protection if customers or employees sue after a breach

• Ransomware & Extortion Payments – coverage for ransom demands and negotiation expenses

• Business Interruption & Recovery – lost income due to downtime and system restoration costs

• Regulatory Defense & Fines – compliance penalties and investigations

• Third-Party Liability – if a vendor or client is impacted through your systems

• Crisis Management & PR – to repair your reputation after an incident

 

Why Work With Peloton

 

• Tailored Programs – cyber coverage designed to fit your industry, size, and budget

• Healthcare & Professional Focus – deep experience with HIPAA-driven and client-driven requirements

• Risk Management Resources – training, checklists, and vendor management tools

• Fast Service – responsive support for applications, renewals, and cyber claim guidance

 

Risk Services That Strengthen Protection​

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We go beyond insurance placement to help reduce exposure:

• Cyber Readiness Reviews – assess your current policies, procedures, and vendor contracts

• Employee Training Tools – phishing awareness and safe email practices

• Incident Response Planning – building a response playbook before an attack happens

• Contract & Compliance Review – ensure you meet client, payer, and vendor security requirements

 

FAQs

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Isn’t my general liability policy enough?

No. Traditional liability policies generally exclude data breaches, ransomware, and cybercrime.

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Do small businesses really get targeted?

Yes—small to mid-sized businesses often lack strong defenses, making them attractive to cybercriminals.

 

How much does cyber insurance cost?

Premiums depend on your industry, size, data stored, and security practices. We’ll help you find affordable protection.

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Will cyber insurance cover ransom payments?

Yes, most policies include extortion coverage, subject to limits and conditions.

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Stay Secure in a Digital World

Your business runs on technology—make sure it’s protected. Peloton Insurance Brokers helps you prepare, protect, and recover when cyber threats strike.​