Cyber Liability insurance is designed to help protect you from claims and support your profitability in the event of a cyber breach or attack. Costs associated with defending a cyber claim are also covered.  Examples of the types of risks Cyber Liability insurance can assist with are inadvertent loss or release of customer personal information, cyber crime, cyber extortion/ransomware and business interruption due to a cyber event 

Cyber Liability insurance helps to protect you from claims and supports your profitability in the event of a cyber breach or attack.  

Cyber liability insurance is a type of business insurance product, which protects your business against both the legal costs and expenses (including compensation payments) related to cybercrime incidents. Your coverage may generally include cover for expenses and legal costs relating to the following: 

• Data breaches 
• Theft or loss of client information  
• Business interruption costs 
• Forensic investigation  
• Data recovery 
• Extortion  
• Fines and penalties 
• Crisis management costs (to restore your businesses reputation after an attack or data breach) 
• Legal costs from any ensuing civil action taken against you or your company