Protect Your Business from Digital Threats
In today’s digital world, cyberattacks, data breaches, and ransomware attacks are not just risks for large corporations — they’re a growing threat to businesses of every size, including those right here in Marble Falls, Burnet, Horseshoe Bay, and across Central Texas.
At Galloway Insurance, we offer customized cyber liability insurance solutions to help safeguard your business from costly financial, operational, and reputational damage caused by cyber incidents.
What Does Cyber Liability Insurance Cover?
A cyber liability policy can provide protection for:
- Data Breach Response Costs – Notifying affected customers, providing credit monitoring, and managing PR after a breach.
- Cyber Extortion and Ransomware – Covers payments and response costs if criminals demand a ransom.
- Business Interruption Losses – Helps recover lost income due to a cyberattack that disrupts your operations.
- Legal Fees and Fines – Covers costs associated with lawsuits, regulatory fines, and defense expenses
- Network Security Liability – Protects you if your systems are compromised and spread malware or viruses to others.
- Third-Party Claims – Defense and settlement costs if you’re sued for failure to protect confidential information.
Depending on your needs, coverage can be tailored to provide broader protection against emerging cyber risks.
Why Cyber Liability Insurance Matters for Small Businesses
- Small businesses are increasingly targeted because they often lack extensive cybersecurity defenses.
- Recovery costs after a breach can be crippling without the right insurance.
- Most general liability policies do not cover cyber risks.
- Protecting client data builds trust and strengthens your business reputation.
No matter your size, if you store customer information, process payments, or operate a website, you need cyber liability protection.
What Types of Businesses Need Cyber Liability Insurance?
- Retailers and e-commerce businesses
- Healthcare providers and medical practices
- Financial services and CPA firms
- Real estate agencies
- Construction and contracting companies
- Professional service providers (lawyers, consultants, marketers)
If you handle sensitive client information, a cyber policy is essential.
Our Promise: Insight, Expertise and Relationsip
At Galloway Insurance, we believe in more than just selling policies —we’re here to build lasting partnerships with Texas business owners.
- Insight—We understand your needs.
- Expertise—We understand Insurance.
- Relationship—You will love doing business with us, we care.
- Here to Help—When you call, we answer… When you come by, we’re here.
- Community—We make significant investments in our community because of your choice to do business with us.
Frequently Asked Questions (FAQs)
Is cyber liability insurance included in general liability policies?
No, general liability insurance typically does not cover cyberattacks or data breaches. Cyber liability requires a separate policy.
What is the average cost of a cyberattack for a small business?
According to industry reports, the average cost of a small business cyberattack can exceed $200,000 — often enough to shut down unprotected businesses.
Does cyber insurance cover ransomware payments?
Yes, many cyber policies include coverage for ransomware payments, along with the costs to investigate, restore systems, and recover lost data.
Can I get cyber coverage even if I have a small business?
Absolutely. In fact, small businesses are often more vulnerable, and affordable cyber liability policies are available to meet your risk profile.
What steps should I take after a data breach?
Immediately notify your cyber insurance provider, secure your systems, inform affected parties as required, and work with breach response teams — which your policy can help pay for.