Cyber Liability
Cyber & Technology Liability Insurance protects businesses against financial losses resulting from cyber incidents, including data breaches, ransomware attacks, network disruptions, and technology-related failures within domestic operations.
It is designed to address both the direct costs of a cyber event and the legal, regulatory, operational, and reputational impacts that may follow.
Coverage typically includes breach response, notification costs, business interruption, data recovery, cyber extortion, and third-party liability arising from compromised data, systems, or networks.
Coverage may also include protection for:
Data breach and privacy liability: Coverage for claims, investigations, and expenses arising from unauthorized access to sensitive or confidential information.
Cyber extortion and ransomware: Protection for costs associated with ransomware attacks, extortion demands, and related incident response services.
Business interruption and system disruption: Helps mitigate financial losses resulting from operational downtime, network outages, or technology failures impacting business continuity.
Data restoration and recovery: Coverage for the restoration, recreation, or recovery of lost, corrupted, or compromised data and systems.
Regulatory and legal defense costs: Protection for certain legal expenses, regulatory investigations, penalties, and compliance-related obligations following a cyber incident.
Technology and media liability exposures: Coverage may extend to claims arising from technology services, software failures, digital content, or alleged errors in technology-related operations.
Cyber & Technology Liability Insurance is designed to help organizations strengthen cyber resilience, protect critical systems and information, and support operational recovery following cyber-related incidents and technology disruptions.