Cyber Liability insurance, also known as data breach insurance, is designed to provide protection for data and network exposures.
It addresses financial and operational loss from cyber events, including ransomware/extortion, data breach, network/business interruption, funds transfer fraud, system failure, and third-party vendor outages.
It can also help provide your business with legal and forensic support. Should a data breach occur, you may need to seek out financial, legal and technical assistance to respond quickly and appropriately.
Cyber risk isn’t just for Fortune 500 companies. Today, small and mid-sized businesses are prime targets for ransomware, data theft, and vendor outages. We help leaders in regulated and fast-moving industries secure affordable, practical protection.
Tech & SaaS Firms – Software developers, MSPs/MSSPs, IT consultants
Professional Services — Accountants, law firms, consultants
Financial Services Boutiques — Advisors, fintech, payment processors
Retail & E-commerce — Online shops, subscription platforms
Nonprofits & Associations — Member data, donor information, event registration systems
Healthcare & Digital Health — Clinics, home health, health IT
No matter the size of your business, if you store sensitive data, rely on cloud vendors, or could be disrupted by a ransomware lockout, you need Cyber Liability Insurance.
Covers costs associated with a data breach to your business. This includes customer notification and credit monitoring for affected customers.
Provides protection for your business against demands made by a hacker threatening to damage or release data if money is not paid. This can include negotiation services.
Pays for your business’s legal expenses resulting from a breach. This can include costs to defend claims of failing to protect customer data, investigations by regulators, and associated legal settlements.
Covers the costs of services to identify the cause and extent of a breach, including the hiring of specialists to confirm and analyze the incident.
Protects your business against claims of negligence that result in unauthorized access to or theft of data, the spread of viruses, or denial-of-service attacks.
No. Most General Liability policy forms exclude electronic data and cyber events. You need a dedicated Cyber Liability policy for ransomware, data breach, and business interruption coverage.
First-party = costs your business incurs (forensics, restoration, lost income).
Third-party = liability to others (customers, vendors, regulators).
Most modern Cyber forms provide both.
It’s a time deductible before business interruption coverage begins to pay.
Yes, increasingly. Many carriers will not quote without MFA on email, VPN, and privileged accounts. We’ll help you navigate control requirements.
Yes—credential compromise and vendor outages still create material risk.
