Data Breach
Data Breach Insurance helps businesses recover from cyberattacks, data breaches, and other digital security threats. It covers financial losses and liabilities associated with compromised sensitive information, such as customer data, employee records, and payment details.
What Does Data Breach Insurance Cover?
Response & Recovery Costs:
- Notifying affected customers/employees
- Credit monitoring services for impacted individuals
- Hiring cybersecurity experts to investigate the breach
Legal & Regulatory Protection:
- Compliance with data breach laws and regulations
- Covering legal fees and settlements from lawsuits
- Paying fines or penalties from regulatory agencies
Cyber Extortion & Ransomware Protection:
- Covering ransom payments in case of cyber extortion
- Negotiation services with hackers to resolve threats
Business Interruption Losses:
- Lost income due to system downtime or cyberattacks
- Costs to restore compromised systems and databases
Who Needs Data Breach Insurance?
Businesses of all sizes, especially those handling:
- Customer payment details (credit/debit cards)
- Personal or financial information (SSNs, addresses)
- Healthcare records or other sensitive data
Protect your business from costly cyber incidents. Contact us today for a customized data breach insurance quote!