Cyber Liability Insurance
Cyber Liability Insurance provides coverage for losses sustained by a business from a data breach or cyberattack.
What Does It Do? Depending on the coverage you have, Cyber Liability Insurance offers protection against a variety of cyber threats such as:
- Data Theft
- Email Phishing Scams
- Employee Mistakes
- Hackers
- Malware
- Ransomware
- System Malfunctions
- Viruses
When Is It Needed? You need Cyber Liability Insurance if you work in a business that stores sensitive or valuable information, including (but not limited to):
- Credit Card Numbers
- Customer Lists
- Healthcare Information
- Social Security Numbers
- Software Codes
- Trade Secrets
A business that stores any type of client or employee personally identifiable information (PII) should have a Cyber Liability policy in place.
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