
Cyber Liability Policy
A Cyber Liability Policy is an insurance coverage that protects businesses from financial losses resulting from cyber-related incidents, such as data breaches, hacking, or ransomware attacks. It helps cover costs like notification expenses, legal fees, customer credit monitoring, and potential regulatory fines. Essentially, it provides financial security and peace of mind by addressing the risks associated with storing digital information and dealing with cyber threats. This policy is essential for organizations that handle sensitive data, ensuring they can respond effectively and recover quickly from cyber incidents.