Cyber Liability Insurance

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Cyber Liability Insurance

Cyber liability insurance protects businesses from the high costs of a data breach or malicious software attack. It covers expenses such as customer notification, credit monitoring, legal fees, and fines.

Traditional commercial general liability and property insurance policies typically exclude cyber risks from their terms, leading to the emergence of cybersecurity insurance as a “stand-alone” line of coverage. That coverage provides protection against a wide range of cyber incident losses that businesses may suffer directly or cause to others.

What does cyber liability cover?

  • Costs arising from data destruction and/or theft
  • Extortion demands
  • Hacking and denial of service attacks
  • Crisis management activity related to data breaches
  • Legal claims for defamation, fraud, and privacy violations.

We can help protect your business against damage to electronic data, virus or malware attack, liability to third parties, and also help recover the cost of:

  • Restoring and recreating data to your system
  • Restoring systems to pre-attack levels
  • Lost business and unforeseen expenses
  • Public relations services to communicate with outside parties concerning a computer attack, as well as your public response

We can help you assess the risks to your business and get you the protection you need in today’s data-dependent economy.