Every type of organization, large or small, faces cyber risk. Cyber liability can help you prepare for it. Cyber liability is an insurance product used to protect businesses from internet-based risks, and more generally from risks relating to information technology infrastructure and activities. Risks of this nature are typically excluded from traditional commercial general liability policies or at least not specifically defined in traditional insurance products.
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What Is Covered?
Coverage provided by cyber liability policies may include first-party coverage against losses such as data destruction, extortion, theft, hacking, and denial of service attacks; liability coverage indemnifying companies for losses to others caused, for example, by errors and omissions, failure to safeguard data, or defamation; and other benefits including regular security-audit, post incident public relations and investigative expenses, and criminal reward funds.
We can work with you to determine what coverage best fits your needs. We’ll walk you through the process, every step of the way, to make sure your policy provides protection and peace of mind.