Cyber crimes continue to increase. Just recently, Chipotle announced that their Point of Sale system had been breached. This latest round of hacking could have affected tens of thousands of people over a period of three weeks (the company has not released official numbers).
This latest event only serves to remind us that ANY company that has a point of sale system that processes credit card information is vulnerable. While the best way to protect customer is to test and harden POS systems and isolate them from other networks, the best way to protect the company is to make sure they have a cyber liability policy in place that will respond.
We offer a number of markets and can insure nearly any type of cyber liability risk. Call us today to discuss any accounts you may be working on.
ABOUT CINCINNATI INTERMEDIARIES
Cincinnati Intermediaries is an insurance wholesale broker focused exclusively on the placement of management and professional liability insurance. They have sound expertise in Management Liability, E&O, D&O, Miscellaneous Professional, Cyber, Architects & Engineers, Financial Institutions, Lawyers and Non-Profits. Headquartered in Cincinnati, OH, they operate nationwide and are able to assist retail insurance agents with placement of coverage nationally. Cincinnati Intermediaries represents the majority of the admitted and surplus lines insurance carriers that focus on professional liability insurance in the United States.