Cyber Security Insurance for Modern Businesses

Ransom Payments: Expenses or payments made in response to cyber extortion demands or ransomware attacks.

Data & System Recovery: Costs to restore your business’s computer systems and recover, repair, or reinstall electronic data and software damaged in a cyber incident.

Business Interruption: Income loss and additional expenses incurred when a cyber event disrupts or slows down your operations.

Business Interruption from Suppliers: Income loss and costs resulting from a vendor or supplier’s systems being affected by a cyber event.

Reputational Harm: Income loss caused by negative publicity or damage to your company’s reputation following a cyber attack.

Cyber Incident Response: Expenses to help manage and recover from a cyber event, including:

• Legal guidance
• Computer forensic services
• Notification and credit monitoring for affected individuals
• Public relations support

Cyber Deception: Financial loss from phishing attacks, wire transfer fraud, or impersonation attempts carried out through social engineering.

Cryptojacking: Unauthorized use of your systems to mine cryptocurrency, potentially slowing operations, increasing utility costs, and reducing equipment lifespan.

Privacy & Network Liability: Legal defense and damages if your business is held responsible for exposing personal data or compromising a third party’s network.

Regulatory Fines: Penalties or fines imposed by government agencies due to data breaches or violations of privacy laws.

Transaction Liability: If your business processes payments, this coverage helps with costs like forensic investigation, penalties, and fees related to a breach of payment systems.

Media Liability: Protection against claims of copyright infringement or other legal issues related to content on your website, social media, or marketing materials.

Business Interruption: Income loss and operational expenses due to a cyber attack that disrupts your ability to serve customers.

Business Interruption from Suppliers: Coverage for financial losses resulting from a vendor or service provider experiencing a cyber event that impacts your operations.

Reputational Harm: Income loss due to reputational damage caused by a cyber event becoming public.

Cyber Incident Response: Assistance with managing the fallout of a cyber event, including:

• Legal consultation
• Digital forensic investigation
• Notifying affected parties and offering credit monitoring
• Public relations services

Cyber Deception: Protection from financial loss due to phishing, wire fraud, or impersonation scams.

Cryptojacking: Coverage for damages from unauthorized cryptocurrency mining on your systems, which can slow performance, raise costs, and damage equipment.