Cyber Liability Insurance
Hackers and criminals work quickly and even a secure computer or online system can be at risk from data thieves. Cyber Liability and Data Breach Response coverage is for you when secure passwords and internet-based protection isn’t enough.
Cyber Liability
If there’s a suspected theft or other loss of non-public information from your business computers, we’ll pay for a computer security expert and other expenses you need to recover from the loss, including:
- Credit monitoring and ID assistance
- Crisis management and public relations
- Forensic investigations
- Legal guidance
- Notifying affected individuals
- Payment card industry (PCI) fines, expenses, and costs — if customer credit cards or other information is stolen
- Regulatory proceedings taking place
This also applies to expenses related to cyber-attacks, like:
- Business that was lost because computer systems were unavailable
- Corrupted, damaged, deleted, or destroyed data
- Damage from materials found on your web site or social media site
- Failure of computer information security
- Paying an extortion demand
Limits: $50,000 and $100,000 with higher amounts available
Data Breach Response
We cover the costs for several kinds of expenses related to a loss, including:
- Advertising and public relations
- Credit monitoring and ID assistance
- Legal and forensic information technology review
- Notifying affected individuals
- Paying a reward for information
Limits: $10,000 for data security breach and $5,000 for identity recovery with higher amounts available