The maintenance of client confidentiality has come under heavy scrutiny by federal, state, and local authorities
All industries are vulnerable to a data breach or cyber attack, including education, financial services, nonprofits, professional services, manufacturing, hospitality, and retail sectors
Some of the coverages include: unauthorized access and breach of data, transmission of viruses or malicious codes, theft or destruction of data, and cyber-extortion
Security & Privacy Liability
Security & Privacy Liability protects you from claims that your business failed to protect personally identifiable information. It also will respond to regulatory actions in connection with a security failure, privacy breach, or the failure to disclose these breaches.
Media Liability coverage protects you from claims of defamation, copyright infringement, plagiarism, and invasion of privacy.
Event Management & Breach Notification
Event Management & Breach Notification provides coverage for the cost of notifying the affected individuals as well as the cost of computer forensics, legal consultations, call center fees, and identity monitoring for victims of a data breach.
Crisis Management Coverage
This pays for the cost of hiring a public relations firm to mitigate damage to your reputation in the event of a data breach.
Cyber Extortion coverage responds if your business is under the threat of security attacks by an outsider in an effort to extort money, securities, or other valuables. It also covers you for the cost of an investigation to determine the cause of the threat.
Network Business Interruption
Network Business Interruption provides coverage for the loss of income and operating expenses when your business operations are interrupted or suspended due to an alleged failure of network security.