As the facts emerge, one thing is becoming clear - a data breach is a serious issue every small business needs to
understand and plan for. Data Breach Consumer Just the Facts
Data Breach Defined
Loss, theft, accidental release or accidental publication of Personally Identifiable Information (PII) and
Protected Health Information (PHI) including: Social security number, bank account number, credit or
debit card numbers, driver's license number, patient history and medications
How a Breach Can Occur
Stolen or lost paper and electronic files; stolen or lost laptop, smartphone, tablet or computer disks; stolen
credit card information; employee error or oversight; theft or release due to unauthorized access (such as
by former employees or vendors); hacking
Who Needs Data Breach Coverage?
Any business, small or large, that handles or stores any private customer, patient or employee data is at
risk. Businesses such as healthcare practices, law offices, accounting offices, retailers, restaurants or
financial services are at a higher risk for a data breach because of the quantity and type of sensitive
information they handle and store.
How Data Breach Insurance Can Help
1) Offers time-saving professional services to help quickly restore your business' reputation, guide
you in handling a breach and assistance with regulatory compliance
2) Covers response expenses, including mailing notification letters, credit monitoring services and
3)Provides coverage for defense and liability expenses in the event you're sued because of a breach
If you would like to learn more about this valuable coverage, please contact Tim Russell CPCU at 203.255.2877.