Protect Your Professional Services Firm Before a Cyberattack Costs You Everything
Cyber Insurance Group builds cyber liability coverage around the real risks professional services firms face, not a generic policy. Licensed in 28 states, backed by 12+ A-rated carriers.
Compare your business across 12+ A-rated carriers in about 4 minutes, free and with no obligation. Your submission goes to a licensed agent who works cyber liability every day.
Technology Moved Faster Than Your Coverage Did
Most professional services firms we talk to haven’t thought about cyber risk until something already went wrong, or almost did.
You store customer data (names, payment info, maybe health records) and you’re not sure what your real exposure is if it’s breached.
You accept online payments or run point-of-sale systems, but have never confirmed whether a payment compromise is actually covered.
You’ve never been walked through what a ransomware attack would actually cost you in downtime, recovery, and lost business.
Your current policy, if you have one, was written before remote logins, cloud tools, and phishing emails became part of daily business.
We shop your coverage with A-rated carriers like
Why Professional Firms Are Attacked Through Their Client Lists
A professional services firm is trusted with other people’s most sensitive material: financial records, strategic plans, personal identifiers, privileged correspondence, and in many cases direct access to client systems. That concentration is the whole attraction. An attacker who compromises one adviser does not reach one victim, they reach the entire client book sitting behind that adviser, which is why professional firms are so often targeted as the route in rather than as the final destination.
Regulation reaches further into this sector than most firm owners expect, and it does not scale with headcount. Under the FTC Safeguards Rule, 16 CFR 314.2(h) classifies any accountant or tax preparation service as a financial institution, meaning even a solo practitioner must maintain a written information security program with access controls, encryption, and incident response planning. The IRS has issued repeated public warnings through its annual Security Summit about phishing campaigns aimed specifically at practitioners.
What a cyber liability policy absorbs is the part that follows the incident: the forensic investigation, the legal review of what you are obliged to disclose, the client notifications, and the business you lose while all of that is happening. Because the exposure and the reporting duty both change sharply from one discipline to the next, the coverage question is worth answering by practice type rather than by sector.
Our Comprehensive List of Cyber Coverage Operations
Don’t leave your organization’s security to chance. Explore our comprehensive list of coverage operations.
First-Party Coverage
If your systems go down or your data is stolen, this pays to get you back up and running, covering data recovery, lost income during downtime, and extortion demands, not just the IT bill.
See What’s CoveredThird-Party Coverage
If someone sues you because their data was exposed through your business, this covers your legal defense, regulatory fines, and settlement costs instead of coming out of your own pocket.
See What’s CoveredAdditional Coverages
Round out your policy with crisis PR support, breach-prep services, and employee security training, the pieces that keep a bad day from becoming a bad year.
See What’s CoveredThe Cyber Insurance Group Match
Our named process for finding the right coverage for your professional services business, fast and without the guesswork.
Tell us about your business
We ask what data you handle, what systems you run, and where your actual exposure lives before we talk price.
We match you across carriers
We compare options across 12+ A-rated carriers and explain the differences in limits, exclusions, and deductibles.
You’re protected
Nothing is bound until you approve. Once covered, we track renewals and revisit coverage as your business grows.
Real Cyberattacks on Professional Services Businesses
If you run an accounting, consulting, or professional services firm, your clients hand you their most sensitive financial data on trust, and a breach puts both that trust and your regulatory standing at risk at the same time.
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2025Wojeski & Company CPA FirmAccounting Firm
A ransomware attack exposed the personal information of more than 4,700 New Yorkers; the New York Attorney General’s settlement required the firm to pay $60,000 and overhaul its data security program.
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2024Sax LLPTop-100 U.S. Accounting Firm
A cyberattack compromised sensitive data for over 220,000 individuals; the breach went undisclosed for roughly 16 months before public notification.
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What This Means for Your Business
Professional firms sit at the intersection of client confidentiality duties and cyber liability exposure. For accounting firms specifically, an undisclosed breach (like the Sax LLP case above) compounds the underlying incident with a separate disclosure-timing problem once regulators get involved.
Real Licenses, Not a Marketing Claim
Cyber Insurance Group is a brand of The Allen Thomas Group, independent since 2003 and holding active insurance licenses in all 28 states we serve. No single insurer signs our paychecks. With 12+ A-rated carriers to choose from, our job is matching your business to the coverage that actually wants it.
Carriers we work with include Chubb, Travelers, The Hartford, Liberty Mutual, Nationwide, Progressive, Cincinnati Insurance, Auto-Owners, AmTrust, and Western Reserve Group. Not every carrier writes in every state.
See our full state-by-state license numbers, or meet the team behind the site.
Before You Decide
The objections we actually hear from business owners, answered straight.
Do professional services firms need cyber liability insurance?
Client data is the product in a professional firm, and the duty of confidentiality attaches to it. The exposure is rarely the stored file; it is an attacker reading your mail and using your standing with a client. Firms also increasingly have to evidence coverage before a client will sign.
What does cyber liability insurance cover for a professional firm?
Forensics and breach response when client material is exposed, notification where the data includes personal information, regulatory defense, funds transfer fraud where a payment is sent on a fraudulent instruction, and the billable time lost while systems are being restored.
What does cyber liability insurance not cover for a professional firm?
It is not professional indemnity. A client alleging your advice or work product was wrong is an errors and omissions claim, and the two policies are meant to sit alongside each other rather than substitute. Cyber also excludes deliberate acts.
Is cyber liability insurance required for professional firms?
There is no single federal mandate across professional services, which is why the answer depends on your discipline: accounting practices fall under the FTC Safeguards Rule, and law firms carry duties under their own professional conduct rules. Client contracts are often the binding requirement in practice. Our pages for accounting firms, MSPs and consulting firms go into the specific position for each.
How much does cyber liability insurance cost for a professional services firm?
Most small businesses pay between $400 and $8,000 a year, with the average landing around $1,500, driven mainly by revenue, headcount and the sensitivity of the client data you hold. See the cost guide, or get a number for your own firm.
My E&O or malpractice policy covers data issues, right?
Most professional liability policies exclude cyber events entirely or cap them far below the real cost of a breach response, which is exactly the gap cyber liability insurance is built to close.
Ready to See What You’d Pay?
Independent agents, 12+ A-rated carriers, and a licensed cyber liability specialist reviewing your submission.
No cost to get a quote. Nothing is bound until you approve.
What Did Your Clients Hand You?
Professional firms are attacked as the route into their clients. What matters is not what you do, it is what the client gave you access to.
Architecture & Engineering
Your deliverable is a working map of a building that exists and is occupied, and your archive holds decades of them.
See Design Firm CoverageCPAs & Accounting Firms
Why federal law treats your practice as a financial institution, the FTC 30-day reporting duty, and what accounting firm coverage should include.
See Accounting Firm CoverageConsulting Firms
Why advisers are attacked as trusted senders, and why funds transfer fraud is the gap in a firm’s existing program.
See Consulting Firm CoverageHR Consultants & PEOs
Administering a client group health plan can make you a HIPAA business associate, on top of the payroll data you already hold.
See HR & PEO CoverageMarketing Agencies
You hold your clients’ public voice and their ad budget, so an attacker can spend as them and publish as them.
See Agency CoverageMSPs & IT Providers
Why providers are targeted directly, where technology E&O and cyber liability answer different claims, and what MSP coverage should include.
See MSP CoverageStaffing & Recruiting
Form I-9 rules require you to retain identity documents for thousands of people who never became anyone’s employee.
See Staffing Firm Coverage