Data Breach

Data Breach is becoming a larger issue by the day.  No matter what steps are taken to prevent an event, your business is exposed.  There are a few components to Data Breach Insurance:

• Data Breach Liability Insurance
  • Addresses liabilities to other parties
  • May cover Data Breach Fines and regulatory proceedings
  • Website Liability
• Breach Rectification Insurance
  • Hiring of a coach to help clear the breach
  • Forensic Expenses to see the extent of the breach
  • Credit Monitoring Services
• Digital Crime Insurance
  • Extortion – Encryption that can only become unencrypted with the payment of a Ransom
  • Electronic Wiring Fraud
  • Deceptive Transfer