Key Coverage Recommendations To Protect Your Business
- Privacy Liability - Covers loss arising out of the organization's failure to protect sensitive personal or corporate information in any format
- Security Liability - Covers failure to prevent the entrance or spread of a virus/hacker attack
- Website Media Liability - Covers libel, slander and copyright infringement from your website content
- First Party Cyber Extortion - Covers expenses to respond to a threat to harm or release data as well as covers ransom payments as necessary
- First Party Data Breach Response - This is normally a separate sublimit to provide coverage for customer notification, credit monitoring expense, computer/legal forensic expense and credit/identity repair expense if a breach occurs
- Regulatory Defense and Penalty - Covers the expenses and fines during regulatory proceedings brought by state or federal agencies to enforce privacy regulations
- Crisis Management - Covers expense of retaining a public relations form to help mitigate damage to your reputation, brand or image
