Cyber Liability Insurance
Protect your business from the first and third-party risks associated with e-business, the Internet, networks and other similar assets. Risks could include privacy violations, the infringement of intellectual property or virus transmission passed from first to third parties via the Web. Cyber Liability coverage also offers protection for Internet communications exposures.
As businesses increase their reliance on technology to store their data or clients’ data on computers, they face greater risk from computer attacks, viruses and security breaches. Traditional coverage — including Property, GL, Crime and E&O — typically fall short of covering information and network-related risks. Cyber Liability coverage fills the gaps by offering exceptional first- and third-party cyber risk coverage to address a broad range of exposures.
Cyber Liability Policies Can Cover:
- Both online and offline services
- Security breaches, mistakes and unauthorized employee acts, including virus attacks, hacking, identity theft or private information loss, and infringing or disparaging content
- Network information enterprise-wide, not just information on websites
- Theft of others’ trade secrets and proprietary or confidential information from the insured