Cyber breaches have become an increasing threat
As the world evolves, cyber security has become vital to businesses of all sizes. A cyber breach can detrimentally impact an organization by causing outages and interruptions, ultimately damaging a company’s stability and reputation. As reliance on technology increases, it’s crucial for businesses to evaluate their cyber security exposure. Cyber liability insurance prepares for the potentially significant financial impact of cybercrime.
To learn more, watch our webinar Cyber Security: Understanding Risk and Exposure
AlphaStaff together with our partner, ProWriters, offers flexible cyber liability insurance coverage designed to cover privacy, data and network exposures including:
- IT Forensic Costs
- Notification Costs
- Credit Protection Costs
- Crisis Management Costs
- Crime and Social Engineering
Costs Related to:
- Breach of Contract
- Negligent Protection of Data
- Network Security Breaches
- Transmission of Software Viruses
- Denial of Service Attacks
- Defense costs, fines, and penalties related to regulatory actions
- PCI Fines, penalties, and assessments
Costs related to a breach of personally identifiable information (PII) such as:
- Credit Card Numbers
- Social Security Numbers
- Bank Account Information
- Personal Health Information
Additional Areas of Coverage:
- Multimedia Coverage
- Cyber Extortion
- Cyber Business Interruption
- Hacker Damage or Digital Asset Damage
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