CYBER LIABILITY
Protect your business from the financial and reputational risks of cyber threats with
cyber liability insurance.
Coverage helps safeguard against data breaches, ransomware attacks, and other
cyber incidents, including costs for legal fees, notification, and recovery. With flexible policies,
competitive rates, and responsive claims support, you can focus on running your business with
confidence, knowing your digital assets and customer information are protected.
EXAMPLE
An employee of an investment company installed peer-to-peer file sharing software on a company computer.
When configuring the service, the employee unintentionally shared personal identifying information of clients and
employees, which allowed identity thieves to gain access. After consulting with an attorney, the insured learned that he
was obligated to notify affected individuals of the breach. Additionally, it was determined that the insured would need to
hire an outside firm to help restore the computer system to its pre-attack functionality.