Cyber liability insurance

Detecting a data breach is key to mitigating damage and preventing future breaches and cyberattacks.

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.

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.

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.

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).

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.

The average premium for cyber liability insurance is about $145 per month. Your exact cost will depend on several factors, including the type of data you handle and your policy limits.