- July 29, 2025
- Category: News, Commercial, Tips & Advice
Cyber attacks aren’t just hitting the big players anymore. Today, small and mid-sized businesses across Nova Scotia and PEI are facing a growing wave of cyber threats. Ransomware, phishing, data breaches, and even employee error can trigger major losses.
The big problem? Many small business owners still assume their general commercial policy covers cyber risks. It usually doesn’t.
Why cyber insurance matters now
Even a single cyber incident can:
- Shut down your operations
- Lock you out of key systems
- Expose your clients’ private data
- Damage your reputation
More importantly, it can cost tens of thousands of dollars to fix. With remote work, cloud storage, and online payments becoming the norm, the chances of facing a breach are higher than ever.
What does cyber insurance actually cover?
A standalone cyber policy can protect your business from:
- Data breach costs. Notification, credit monitoring, and legal fees
- Business interruption. Lost income while systems are down
- Ransomware attacks. Ransom payments and recovery services
- Third-party liability. If clients or vendors are affected
- Cyber forensics and recovery. Hiring specialists to investigate and restore systems
Let’s get you covered. Get a quote today.
Who needs cyber coverage?
If your business stores client information, processes digital payments, uses email, or relies on internal software systems, you’re exposed. That includes:
- Professional services like accountants, consultants, and lawyers
- Retail and e-commerce businesses
- Medical or wellness clinics
- Nonprofits and municipalities
How Cluett Can Help
Cyber insurance policies aren’t one-size-fits-all. We’ll work with you to understand your setup and your risk level, then find coverage that fits. Not just from one insurer, but across multiple options.
If you’re not sure whether your current policy includes cyber protection, we’re happy to review it with you. No pressure. Just clarity. Reach out today to protect the business you’ve built.