Whether you are in Maryland, DC or Virginia, here are coverage types and descriptions for Cyber Liability Insurance, Cyber Security Liability Insurance and Data Breach Insurance policies.
Technology E&O – Technology Protection provides insurance coverage for claims that typically arise from the failure to perform your business activities for a client to the required standard
Privacy/Network Security – Privacy Protection provides insurance coverage for claims made against you that typically arise from your failure to protect sensitive information, including subsequent actions by a regulator.
Breach Costs – Breach Costs coverage provides insurance for the typical costs that you could incur arising from the failure to protect personal information. Coverage only applies to a breach first discovered by you during the policy period.
Multimedia – Multimedia Protection provides insurance coverage for claims made against you that arise from the content of your website, social media and other promotional material.
Hacker Damage – Hacker Damage coverage provides insurance for the costs to repair or replace your website, intranet, network, computer system, programs, or data following a hacking event
Cyber Business Interruption – Cyber Business Interruption provides insurance coverage for your losses resulting from a hacker impairing the availability of your website; intranet, network, computer system, programs or data.
Cyber Extortion – Cyber Extortion provides insurance coverage for the costs of expert assistance and the payment of a ransom in the event that a hacker threatens to damage your website, intranet, network, computer system, any programs you use or data.
Miscellaneous E&O – Miscellaneous Professional Protection provides complementary professional services coverage for companies with blended professional services exposure.
BY Connie Phillips