Choosing The Right Cyber Liability
Developing the best game plan to protect your most important assets.
Cyber liability insurance is an insurance policy that provides businesses with a combination of coverage options to help protect the company from data breaches and other cyber security issues. It’s not a question of if your organization will suffer a breach, but when.
Cyber liability insurance can cover costs associated with data breaches and cyber attacks on your business. Those costs can include such things as lost income due to a cyber event, costs associated with notifying customers affected by a breach, costs for recovering compromised data, costs for repairing damaged computer systems and more.
Cyber coverage can be a crucial safeguard against the devastating financial consequences of a cyber attack. All policies are different and they can offers customized insurance solutions depending on your business’ level of risk, with coverage options available to address:
- forensic investigations,
- litigation expenses,
- regulatory defense expenses/fines,
- crisis management expenses,
- business interruption,
- cyber extortion, and
Has your business been phished, hacked or had your computer locked? Have friends received emails that you never sent? What if personal data is stolen and used?