Professional

Cyber Liability

Cyber Liability policies are intended to cover a variety of losses that may result not just from selling goods on the internet, but even just collecting data about their customers. Storing a name and contact info is all that’s needed to have an exposure.  

Cyber and privacy policies cover a business' liability for a data breach if stored personal information is lost, stolen, or compromised.  The policies cover a variety of expenses associated with data breaches, including: notification costs, credit monitoring, costs to defend claims by state regulators, fines and penalties, and loss resulting from identity theft.

Who needs Cyber liability – Anyone that

• Communicates with customers via email, text messages, or social media

• Sends or receive documents electronically

• Keeps information on file (customers, vendors and even employees personal information)

• Accepts credit cards