This page contains a brief video explainer of Cyber Liability Insurance. Below the video are a "get started" button that takes you to a request form, a link to a pricing guide, use cases and common gaps in coverage with Cyber Liability Insurance.
Use Cases
Should be considered mandatory for any business who transacts business electronically or possesses sensitive data.
There are SEVEN main coverage elements of a good Cyber and Data Breach insurance program
Coverage for indirect costs like public relations and marketing agencies
Payment of regulatory fines and penalties imposed by government entities
Common Gaps
If your Cyber coverage is not a stand-alone policy, it is very likely to have many gaps
No first-party coverage to reimburse you for direct expenses tied to your system recovery
Ransomware or extortion payments have to made by you and then reimbursed by insurance later
Limits or exclusions on phishing, social engineering and fraudulent transfer attacks