Cyber Risks
Cyber and Privacy Insurance cover a business' liability for a data breach in which the firm's customers' personal information, those arising from website media content, as well as property exposures from: (a) business interruption, (b) data loss/destruction, (c) computer fraud, (d) funds transfer loss, and (e) cyber extortion, is exposed or stolen via access to the firms electronic network.
COVERED PROFESSIONS:
- Any company that handles third party data
PURPOSE OF THE INSURANCE - COVERAGE:
- Professional Indemnity derived from Data Security and Privacy.
- Costs of Notification of Incidents Relating to Security.
- Defense and Sanctions.
- Professional Indemnity derived from content on web pages.
COVERAGE EXTENSIONS:
- Coverage for own damages related to computer security.
- Complete Computer PI.