Cyber Insurance

Online security that lets you look out for your community.

Our exclusive cyber program offers a solution that’s tailor-made for local governments in British Columbia, and is exclusively available through the MIABC’s brokerage arm, CRIS.

We know that every system upgrade, remote device, and incoming call can represent a new risk to your data or a social engineering attempt to steal funds. With our reliance on digital communication only increasing, there is more opportunity for breaches to occur. That’s where cyber insurance can help.

There are a lot of ways that cyber insurance can help improve the security of your operations.
- Studies show that 24% of data breaches are from human error, like an employee misplacing their mobile device in an unsecure location.
- Expenses related to data breaches can accumulate quickly, and it can cost hundreds of thousands of dollars just to determine the nature and scope of a security breach.
- There are federal and provincial laws that mandate the steps you need to take in the event of a security breach.
We also offer these additional coverage options through our cyber insurance offerings.
- Accidental corruption or destruction of your data because of human error.
- Programming error.
- Malfunction or failure of your computer network.
- Natural disaster (only with respect to the corruption, destruction or damage to your data).
- Any other unintentional and unplanned outage of your computer networks, or any negligent act or failure to act by your employees relating to the failure to maintain/upgrade your computer networks.

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If you are interested in learning more about our Cyber Insurance offerings or have questions about cyber risks, we would be happy to help!

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Online security that lets you look out for your community.

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