Cyber Risk Insurance

Computer hackers are increasingly gaining access to corporate systems. Banks are at the forefront of this exposure.

Banks understand the importance of a good cybersecurity policy to ensure their bank has the controls in place to protect against cyber incidences including data breaches. FNBB Insurance Agency wants you to know that it is just as important to have the right insurance protection to mitigate against losses should an occurrence happen. All policies are different and coverage varies. We can help you evaluate and choose the right coverage for your bank.

In addition to financial coverage, there are other important considerations that you should ask.

• Will someone help guide me through the process if there’s an incident?
• Does the policy provide coverage for notifications to affected individuals, whether required or not?
• Does it provide a call center or partners to help with the next steps?

FNBB Insurance Agency, LLC works solely with financial institution risks and insurance carriers that are experts in providing protection.

After reviewing your current policies we:

• Educate you on the differences in policies
• Analyze the protection you currently have
• Provide alternatives to create a sound program
• Review and adjust protection as your bank exposures change

We address the following areas and much more:

• Information security and privacy
• Third-party systems and providers
• Release of non-electronic private information
• Regulatory defense and penalties
• Forensic/IT services to determine cause and prevention
• Notifications to those affected, required or not
• Credit monitoring
• Card change and reissuance
• Call centers for affected individuals
• Coverage for trademark infringement, copyright infringement, plagiarism and more

Note: Insurance products are not insured by any federal government agency. Not a deposit. Not FDIC insured and not guaranteed by this bank.