SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Between 2005 and 2010, more than 350 million personal records were exposed in reported data breaches alone. Those numbers include data, privacy and security breaches by cyber-criminals accessing sensitive company and customer information, as well as exposure from lost or stolen laptops, thumb-drives, or other mobile data storage devices.
The companies of the Utica National Insurance Group and the independent insurance agents representing them are offering coverage to help protect small businesses in the event of a data, privacy or security breach. Utica has introduced its new Cybersurance™ endorsement, affording protection to businesses with 25 employees or fewer, on Commercial Package policies (CPP) and Business Owners policies (BOP). The endorsement is also available for independent insurance agents themselves through Utica’s Agents’ Errors & Omissions insurance program.
Utica National has partnered with Identity Theft 911, one of the nation's premier consultative providers of identity and data risk management, resolution and education services, to provide businesses with data breach services which includes services before, during and after a breach. Services include incident response planning, breach severity assessment, assistance with notifications and meeting federal and state regulatory requirements, protecting affected customers and employees, and more.
“Big businesses are no longer the sole target for cyber attacks as the focus has shifted to small and midsize companies which are often unprepared and unprotected,” said Matt Cullina, CEO, Identity Theft 911. “With our assistance, Utica’s Cybersurance™ endorsement provides these vulnerable companies with a comprehensive solution to protect their customers, their business and their reputation.”
Such a breach can cripple a business – leading to lost customers, civil litigation and even a loss of livelihood.
Utica’s Cybersurance™ is available for businesses through independent insurance agents representing Utica National (see www.uticanational.com). Independent insurance agents can learn more by contacting their state’s agents’ association that handles the Errors & Omissions program for Utica National.
ABOUT UTICA NATIONAL
The Utica National Insurance Group traces its beginning to 1914, when its principal company, Utica Mutual, was founded as a workers compensation carrier. Headquartered in New Hartford, New York, Utica National today consists of 19 companies. Utica National is among the top 100 property/casualty insurance organizations in the country and among the largest headquartered in New York State. Utica sells its insurance policies through a distribution network of approximately 1,800 independent agents and brokers, and its products include a wide range of commercial coverages, as well as home and auto insurance. In addition, Utica is a nationally recognized insurer for various specialized markets, including the graphic arts trades, schools, libraries, religious institutions and volunteer fire departments, as well as errors and omissions coverage for insurance agents, and more. Utica National employs approximately 1,500 people nationwide. The Utica companies are rated “A-” or “Excellent” by A.M. Best. www.uticanational.com
ABOUT IDENTITY THEFT 911
Founded in 2003, Identity Theft 911 is the nation’s premier consultative provider of identity and data risk management, resolution and education services. The company serves 13 million households across the country and provides fraud solutions for arrange of organizations, including Fortune 500 companies, the country’s largest insurance companies, corporate benefit providers, bank and credit unions and membership organizations. Since 2005, the company has helped more than 150,000 businesses manage data breaches. For more information, please visit www.idt911.com.