Cyber liability insurance
Depending on the scale and severity of a cyberattack and the cost of breach response and data recovery efforts, settlements or judgments could easily top six figures. Evaluate your business risk to determine how much cyber liability insurance you need.
Companies are required to notify affected customers after a data breach. Here are a few tips for complying with state laws and avoiding potentially bankrupting expenses.
After a data breach or cyberattack, cyber liability insurance compensates your small business for any costs related to the incident, including lawsuits filed by your clients. Find answers to common questions about this policy.
Data breach insurance can refer to several policies that protect a company from financial losses as a result of a data breach. These policies include cyber liability insurance and technology errors and omissions insurance (tech E&O).
The average premium for cyber liability insurance is about $129 per month. Your exact cost will depend on several factors, including the type of data you handle and your policy limits.
Commercial insurance protects businesses, freelancers, and independent contractors against liability lawsuits, property damage, cyberattacks, and other risks that could devastate your company.
Online businesses face numerous risks that could lead to severe financial losses. These three online business liability insurance policies can help protect your company.
Learn how to protect your consulting business by understanding the liability risks and taking steps to safeguard your assets.
Business data stored in a digital format online or on a hard drive are considered digital assets.
Third-party cyber liability insurance provides liability coverage for businesses, including tech companies, that handle other people's sensitive data.
First-party cyber liability insurance helps cover expenses resulting from a data breach or cyberattack on your business's own network.
Cyber extortion is an online crime in which hackers hold your business data hostage or disable your websites or computer systems until you pay a ransom.
Data breaches that expose sensitive digital assets can cause expensive lawsuits. Learn the difference between first-party and third-party cyber liability insurance and how these policies can help your business handle cybercrime.