Property managers sit on a rich store of personal and financial data: tenant applications, background and credit information, and the accounts that move rent, deposits, and vendor payments. That makes them an attractive target.
Application and payment portals hold sensitive tenant data, and email is used to move money to owners and vendors, which invites business email compromise. A breach can expose tenants and disrupt the flow of funds a property depends on.
Coverage typically addresses breach response, tenant notification, liability from exposed data, and funds lost to fraud where covered. It also gives a small management company expert help in a crisis.
If you hold tenant data or move money by email, this coverage is worth reviewing. Explore cyber insurance for Florida businesses or start a quote.
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