Cyber Liability Insurance
In our modern environment, you need to protect your business from hacks, cyber attacks and other online threats.
Cyber liability insurance is an insurance policy that provides businesses with a combination of coverage options to help protect the company from data breaches and other cyber security issues. It's not a question of if your organization will suffer a breach, but when. Travelers cyber insurance policyholders can also access tools and resources to manage and mitigate cyber risk — pre-breach and post-breach.
Cyber liability insurance can cover costs associated with data breaches and cyber attacks on your business. Those costs can include such things as lost income due to a cyber event, costs associated with notifying customers affected by a breach, costs for recovering compromised data, costs for repairing damaged computer systems and more.
Cyber coverage can be a crucial safeguard against the devastating financial consequences of a cyber attack. Many insurers offer customized insurance solutions depending on your business’ level of risk, with coverage options available to address:
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forensic investigations,
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litigation expenses,
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regulatory defense expenses/fines,
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crisis management expenses,
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business interruption,
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cyber extortion, and
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betterment.
Let us help you find the Cyber Liability insurance coverage that is right for your organization.