Cyber Liability Insurance
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Safeguard Your Business Against Cyber Threats with CyberShield: S.Meera’s Comprehensive Cyber Liability Insurance.
What is Cyber Liability Insurance?
Cyber liability insurance is a type of insurance that provides coverage for damages and losses caused by a cyber attack or data breach. It typically covers expenses such as investigation, notification, credit monitoring, and legal fees. It may also cover liability for third-party damages resulting from a cyber incident. The specific coverage and limitations can vary depending on the policy and the insurer.
- Data breach response costs: including investigation, notification, and credit monitoring for affected individuals.
- Loss or damage to digital assets: such as data, software, or websites.
- Business interruption losses: resulting from a cyber attack, including lost income and additional expenses to restore systems.
- Liability for third-party damages: resulting from a cyber incident, such as a customer's financial losses due to a data breach.
- Cyber extortion expenses: such as ransom payments to release hijacked data or systems.