by investing in a quality cyber liability insurance policy
What is Cyber Liability Insurance?
With an average cost of $201 per record compromised, a breach can be potentially devastating to your organization.1 While traditional insurance policies have significant gaps in coverage for digital exposures, a Cyber Liability Insurance Policy helps to fill in those gaps by providing liability coverage to an organization specific to cyber and privacy breaches.
Cyber Liability Insurance Coverage Highlights
3
Coverage
Broad coverage language for: Regulatory Claims, Business Interruption & Digital Asset Restoration, Cyber Extortion, Multimedia Liability & Privacy Breach coverage offered at full policy limits.
1
Application
Simple 4 question application to bind coverage for entities up to $100 million in revenue.
2
Hotline
Access to 24-hour data breach hotline to report incidents with Baker Hostetler; one of the leading Cyber Breach firms in the country.
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Response
Security breach response covers an insured for costs associated with notification, credit monitoring services, IT forensics, IT forensics, legal guidance, and public relations.