Cyber Liability Insurance
Coverage that keeps your business online and secure.
Cyber liability insurance helps small and mid-sized businesses recover from the costly impact of cyberattacks and data breaches. It covers expenses such as customer notifications, credit monitoring, data recovery, legal defense, and regulatory fines—so you can respond quickly and keep your business running smoothly.
What is cyber liability insurance?
Cyber liability insurance covers the financial and legal fallout from data breaches, ransomware attacks, and network failures. It helps your business recover from both external threats and internal mistakes that compromise sensitive data.
What does it cover?
First-Party Coverage
Protection for your own business when you’re the victim of an attack.
Data restoration and recovery costs
Ransomware payments and negotiations
Customer notification and credit monitoring
Lost income due to business interruption
Crisis management and PR support
Third-Party Coverage
Protection if a client, partner, or vendor sues your business over a breach.
Legal defense and settlements
Regulatory fines and penalties (where insurable)
Liability for data you store or manage on others’ behalf
Together, these coverages help your business respond effectively, reduce downtime, and maintain customer trust.
Do I need cyber liability insurance?
Any business that stores or transmits customer information—such as names, credit card numbers, or addresses—can be a target for cyberattacks. Even small businesses face the same digital threats as large corporations, but often without the same resources to recover.
You should consider cyber coverage if your business:
Collects or stores customer or employee data (online or offline)
Accepts electronic payments
Uses cloud-based systems or software
Has employees who access company data remotely
Would struggle to absorb the cost of downtime or lawsuits after a breach
Common cyber incidents
Examples of covered events:
A hacker gains access to your point-of-sale system and steals customer credit card data.
An employee clicks a phishing link, encrypting company files with ransomware.
A lost laptop exposes confidential HR or payroll information.
Your business email is compromised, leading to fraudulent wire transfers.
Be ready before a breach happens.
Cyber threats evolve every day—make sure your business is protected with a plan that keeps you secure, compliant, and resilient.