Cyberattacks are the #1 threat facing businesses today. Cyber liability insurance covers the catastrophic costs of data breaches, ransomware attacks, and digital security incidents before they destroy your company.
Cyber liability insurance is divided into first-party coverage (your own losses) and third-party coverage (claims made against you by others affected by a breach).
Data Breach Response
Covers the cost of notifying affected customers, credit monitoring services, forensic investigation, and crisis management after a breach.
Ransomware & Cyber Extortion
Pays ransomware demands and covers costs of negotiating with cybercriminals and restoring systems and data.
Business Interruption
Replaces lost income and covers extra expenses during the period your systems are down after a cyber event.
Third-Party Liability
Pays legal fees, settlements, and judgments if clients or partners sue you for failing to protect their data.
Regulatory Defense & Fines
Covers legal defense and regulatory fines from HIPAA, GDPR, PCI DSS, and state data privacy law violations.
Social Engineering / Fraud
Covers losses from phishing, fake invoice schemes, wire transfer fraud, and employee impersonation scams.
Any business that collects, stores, or transmits sensitive data — including customer names, emails, payment cards, or health information — faces cyber exposure.