Cyber Liability Insurance
Manage targeted attacks by cyber criminals.
Cyber Liability insurance is crucial in today’s digital landscape to protect businesses from the financial fallout of cyberattacks, data breaches and other cyber incidents. This coverage provides a safety net against potential costs, such as legal fees, data recovery and reputation damage.
Cyber Liability Insurance: First-Party Coverage
Cost of legal representation
Cost associated with credit monitoring
Cost of notification and public relations
Cyber extortion costs
Cost of IT forensics
Cost of data recovery
Cyber Liability Insurance: Third-Party Coverage
Cost of legal and defense
Compensation claims
Costs associated with investigations by a government regulator
Penalties and fines associated with breaches of the Privacy Act
