Independent Banker - August 2018 - 75

PREFERRED PERSPECTIVES
Mitigating cyber risk is not easy, but is also not an option
Travelers off ers community banks a full suite of cyber services.
C
yberattacks have increased in size, scope
and seriousness in recent years, aff ecting
industries across the board. That includes
community banks. Managing and mitigating
cyber risk is important for any business that
relies on technology, and with the information
and assets that banks are tasked with protecting,
having a multilayered plan can help safeguard
those assets and prevent a breach. Travelers
off ers community banks a full suite of cyber
services, from pre-breach expertise-such as
consultations with a Symantec™ cybersecurity
professional-to post-breach assistance that
helps policyholders respond to and recover from
an attack.
With the cyber threat ever evolving, it takes
resources and a dedicated team of insurance
professionals to properly position a company
against schemes such as ransomware, phishing
and social engineering, to name just a few.
Travelers makes traditional cyber coverage
available to community banks of all sizes, and
can also customize a policy to address specifi c
exposures. If you'd like more information, speak
with an independent insurance agent or broker
to fi nd out if your community bank is taking the
necessary steps in the fi ght against cyber crime.
Why Travelers?
Travelers has provided eff ective insurance
solutions for more than 160 years and addresses
the specifi c needs of the banking industry. We
have consistently received high marks from
independent ratings agencies for fi nancial
strength and claims-paying ability. With offi ces
nationwide, we possess national strength and
local presence. Our dedicated underwriters and
claims professionals off er extensive industry
and product knowledge. Coverage is provided
by Travelers Casualty and Surety Company of
America.
Edward Chang
2VP, Cyber Risk Management, Bond & Specialty Insurance
One Tower Square, Hartford, CT 06183
travelers.com

http://www.travelers.com

Independent Banker - August 2018

Table of Contents for the Digital Edition of Independent Banker - August 2018

Table of Contents
Independent Banker - August 2018 - Intro
Independent Banker - August 2018 - Cover1
Independent Banker - August 2018 - Cover2
Independent Banker - August 2018 - Table of Contents
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Independent Banker - August 2018 - Cover3
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