Do IT firms need cyber liability insurance?

Yes! Cyber liability is critical in today’s landscape: 

  • Covers ransomware attacks, data breaches, or business disruptions tied to cyber incidents. 
  • Often required by clients or licensors before sharing data or code. 
  • Supports response costs like investigations, notifications, and legal defense. 
  • Helps preserve your reputation by covering public relations, credit monitoring, and recovery. 

By Heather

Heather focuses on small business insurance at Gild Insurance Agency, writing clear, practical guidance that helps business owners understand coverage, manage risk, and protect their businesses.