Cyber and Technology Risk   insurance

 

Today, all business need protection against the loss exposures that can arise from cyber threats. These threats result in first and third party loss exposures.

 

 

First Party Loss Exposures:

 

Loss of income and extra expenses incurred when a cyber attack or crime interrupts the operation of your business due to:

  • The cost related to extortion
  • Cost incurred to notify clients of a data breach
  • Cost to hire Crisis Management services
  • Fines and the cost of complying with Data Privacy Regulation and providing Credit Monitoring service for clients after a data breach.
  • Cyber Investigation cost to determine who committed the crime and more importantly how so you can take steps to prevent cyber crime in the future.

 

 

Third Party Exposure


Legal expenses and court judgments arising from:

 

  • Data Privacy and Network Security Liability
  • Internet and e-Communications Liability
  • Professional Services Liability

 

Almost all businesses are at risk for cyber crime.  This would include companies in:

  • Healthcare
  • Financial Services
  • Retail
  • Manufacturing
  • Education
  • Legal
  • Media

 

 

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