| What Is Cyber Liability Insurance? |
| Cyber liability insurance protects your business from the cost of cyber threats or breaches involving computer systems and data. That can include sensitive customer information, such as credit card numbers, Social Security numbers, account numbers, health records and driver’s license numbers. Cyber liability insurance is also known as cybersecurity insurance or cyber risk insurance. Learn More What Does It Cover? Some standard business insurance policies, such as a Business Owners Policy (BOP), may provide coverage for certain types of cyber incidents. For instance, if you lose electronic data as a result of a computer virus or hardware failure, your insurance may pay recovery or replacement costs. To extend coverage for a fuller range of cyber liability risks, you will need to purchase a stand-alone cyber liability policy, customized for your business. This type of policy can cover several types of risk, including: · Loss or corruption of data. · Business interruption. · Multiple types of liability. · Identity theft. · Cyber extortion. · Reputation recovery. Learn More |
