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1030 US Hwy 80 W, Unit 723
Pooler, GA 31322

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Covenant Insurance Blog

Umbrella Insurance to Cover Health Business Security Breaches

SouthCoast Health Internet and Phone Services Down

In July 2023, SouthCoast Health experienced a notable interruption in their phone and Internet services that lasted for a considerable two weeks. This unfortunate occurrence led to considerable frustration among customers. Booking appointments became a cumbersome task, and to add to the dissatisfaction, many scheduled appointments had to be canceled.

Potential for Data Breach

Apropos of disasters, news of a data breach surfaced a month following the service interruption. No business or individual likes such a circumstance, as was evident from the tense atmosphere surrounding the Savannah area, a mere 25 minutes away from one of the SouthCoast Health locations in Pooler, GA.

Cyberattack at Community Health Services

Within the same year, a blow to their reputation appeared to come in the form of an attack by Russian cyber criminals on the Department of Community Health Services. Although the Community Health Services are located further from Pooler, the effects were no less real. The infection spread to multiple U.S. agencies, bringing home the reality of what cybercrime can affect.

The Demand for Effective Protection

In light of such incidents, it is abundantly clear that no level of protection is excessive when preventing concurrent and future security breaches. This is fundamentally important, especially with patient lives and data at potential risk. At Covenant Insurance, we extend our hand and our services, urging businesses and individuals to put in place foolproof safeguards to prevent company hackers from taking advantage of any vulnerabilities.

Reputation and Cyberattack

Your reputation stands as a testament to your professionalism and reliability and is, therefore, a key factor in drawing in and retaining customers. However, the possibility remains that reputation could take a nosedive following a publicized breach. Thus, it is vital to stay on guard and prioritize data protection.

Beyond Financial Hardship

When a breach affects more than just financial standing, the consequent events can lead to unpleasant outcomes, such as lawsuits filed by distressed parties. Under normal circumstances, business liability insurance may not aid in recovering all costs related to a major healthcare privacy violation. This is where the highest umbrella insurance level comes in, offering a financial cushion and much-needed peace of mind during such crises.

Business Umbrella Insurance

Having business umbrella insurance is not just advisable but necessary, especially in a healthcare field with high demands for data security. The coverage is meant to mirror your asset value as closely as possible without overlooking related legal costs. Contact Covenant Insurance in Pooler, GA, today, and we will guide you through the necessary steps to safeguard your company from unforeseen cyberattacks.