Cyber Threats Are Rising — Is Your Business Properly Covered?

Share
Cyber Threats Are Rising — Is Your Business Properly Covered?

Businesses across Coquitlam, Port Coquitlam, and Port Moody are increasingly exposed to cyber threats as reliance on digital systems continues to grow.

From payment processing and scheduling systems to customer databases, most operations now depend on technology. This creates more efficiency—but also more entry points for cyber attacks.

Key Risks

Common cyber risks include data breaches, ransomware attacks, phishing scams, and payment fraud. Many of these attacks begin with a simple email or compromised login.

Even a single incident can lead to:

  • Business interruption and downtime
  • Loss of revenue
  • Exposure of sensitive customer data
  • Reputational damage

Coverage Overview

Cyber insurance helps businesses respond quickly and reduce financial impact. Coverage may include recovery costs, lost income, legal liability, and access to specialized incident response teams.

It is important to note that most standard commercial policies do not include cyber protection, leaving many businesses exposed without realizing it.

Local Reality

We are seeing more businesses in the Tri-Cities affected by phishing attempts, invoice fraud, and ransomware. In many cases, business owners only discover gaps in their coverage after a loss has occurred.

Get Covered

Tri-City Insurance can help review your current policy, identify risks, and ensure your business has the right protection in place.

Read more