I started my company in the summer of 2002 and we have had quite an
amazing journey since its inception. Among the successes, we have had several
setbacks that should have shaken us but we were able to recover. Although at
the time I was fully aware of the cyber-attacks gaining momentum, I really did
not pay much attention to it because I had invested a lot in security. With
time I decided to get Cyber insurance policy just in case of any unforeseen
events.
Sometime in 2011, I was awoken with a call from the head of my data
security department of a possible data breach and hack. Luckily for us, we just
lost a couple of data even though they were valued at about $250,000. When I
contacted my cyber insurance broker, it took me almost 3 months to realize they
were never actually going to pay for the damages. I too got tired with their
explanations and bureaucracies and gave up. I was later introduced to the
Greater National Group by a very dear friend and got the company insured in
less than two weeks. Filling the paper forms was never tedious and I had a Cyber
insurance professional assigned to me to answer all of my many questions.
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