Sophia is a traveling equine veterinarian treating horses all around the southeast. To collect payments for her services while making house calls, Sophia uses an online payment system. Unfortunately, one day her payment system was hacked compromising sensitive client information and payment details.
Thankfully Sophia has Cyber Insurance and immediately contacted her insurance company to file a claim. As part of her policy, Sophia had a team of cybersecurity experts to investigate and resolve the issue. The policy also covered the cost of notifying her clients, providing credit monitoring services, and any potential legal fees.
Without the crucial protection of cyber insurance, Sophia would have been left to troubleshoot this issue and cover all the costs associated with the cyber breach. This could have had a devastating impact on the financial stability of her veterinary business.
Download a PDF to share with your veterinarian clients.
For more information, contact the Victor Small Business team at info.smallbusiness@victorinsurance.com.
* The claims scenario is strictly documented for illustrative purposes only and provides an example of what a policy could cover. It is intended to provide a general overview of the program described. Please remember only the insurance policy can give actual terms, coverage, amounts, conditions and exclusions. Program availability and coverage are subject to individual underwriting criteria.
