On the morning of December 11, 2019 one of South Florida’s largest car dealerships was paralyzed by a cyber attack. Arrigo Automotive Group was a hacked with ransomware during one of the busiest months of the year for the local dealership. The hack left employees without work for days until new computers were installed at a price tag of $285,000. [Source: WPBF News] These scenarios have become all too common in our digital age as cities, organizations, and small businesses rely heavily, or even solely on servers to store their respective data. How will you cope when your company’s data is held hostage until a cryptic Bitcoin payment demand is met? Cyber insurance can aide with expenses such as: notifying customers of a breach, restoring personal identities of affected customers, recovering compromised data, and repairing damaged computer systems. Do not hesitate to contact our office to learn more about the importance of cyber liability insurance.

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