As cyber attacks and data breaches grow in severity and frequency, technology firms are not immune to these types of cybersecurity risks. The associated costs of a cyber attack or a data breach can be substantial. One way that tech firms can protect themselves in case of such an event is through cyber liability insurance with data breach response services. Rather than assume the risk of having to pay for and comply with the notification laws in the event of a data breach, a tech firm can purchase cyber liability insurance to help mitigate the associated costs.
Cyber liability insurance with data breach response services offers tech firms a comprehensive risk management solution for assisting in a data breach and/or cyber attack recovery scenario. It may offer coverages such as (depending on the specific policies and endorsements):
– crisis management and customer notification expenses,
– public relations assistance,
– credit/identity theft monitoring,
– privacy and security liability,
– business interruption,
– cyber extortion,
– hacker damage costs,
– website content media liability,
– privacy regulatory defense and penalties,
– computer forensics investigation,
– a “Data Breach Coach” (aka “Privacy” attorney), and
– pre-breach planning services.
Let our Experienced Cyber Insurance Experts Help
Our cyber insurance experts have in-depth knowledge of the industries and cyber exposures we cover. We can help create and customize a cyber/data breach insurance policy that best suits your tech firm’s needs. We’re a one-stop service for all your cyber/data breach insurance and security needs and can offer multiple insurance quotes from A-rated cyber insurance carriers.
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For assistance with your Cyber Insurance Quote, please complete the form below. Or call 1 + (855) CUT-RISK.
