
Data Breach Coverage
Data breach coverage is a type of insurance that helps protect businesses from financial losses resulting from unauthorized access to their sensitive information. This can include costs related to notifying affected customers, legal fees, public relations efforts, and potential fines. It’s essential for companies that handle personal data, as data breaches can lead to significant financial repercussions and damage to their reputation. Essentially, this coverage provides a safety net to help businesses recover and manage the consequences of a data breach efficiently.