What is Cyber Liability Insurance?
Cyber liability insurance protects your business from losses related to data breaches, cyberattacks, ransomware, and privacy violations. From legal costs to recovery, it’s essential for any business with digital assets or sensitive customer information.
Cover Your Business From:
Data Breaches
Hacker Attacks
Ransomware & Extortion
Business Email Compromise
Privacy Violations
Legal & Regulatory Expenses
FAQ
What does cyber liability insurance cover?
It covers costs related to data breaches, cyber extortion, system restoration, legal fees, notification of affected parties, and regulatory fines.
Who needs cyber liability insurance?
Any business that stores customer data, processes payments, or relies on technology is vulnerable and should consider this coverage.
Does it cover ransomware attacks?
Yes, many policies cover ransom payments, investigation costs, system recovery, and legal obligations after a ransomware event.
Are regulatory fines and penalties included?
Some policies cover regulatory defense costs and fines related to data privacy laws, but coverage can vary—review your plan’s terms.