This covers the loss arising from the breach of personal or corporate information, data loss or security breach and defense costs. The Insured is also covered for outsourcing liability if the company’s outsourcer has a breach of personal or corporate information.
This covers the cost of restoring, recreating or recollecting data after a breach.
Fines and investigations
This covers fees, costs and expenses for fines, legal advice & representation that the client is legally obligated to pay following data security breaches.
This provide access to a pro-active Forensic Services Advisors once a suspected or actual data breach occurs to assist in identifying the cause of the breach and provide recommendations as to how this can be prevented or mitigated.
Repair reputational damage
Covers the PR services fees in relation to reputational damage assessments and remediation needed after a cyber breach.
Notification & Monitoring
This covers fees, costs and expenses incurred for the disclosure of a data breach and costs associated with identity theft, education, and credit file or identity monitoring arising from data breaches.
Network interruption (optional)
This covers the loss of net profit due to a material interruption on the client’s network as a result of a cyber breach.
Media content (optional)
This covers any loss arising out of an alleged or actual error, misstatement, misleading statement or omission of the Insured in connection with broadcasting, distribution, etc. of media content materials. Some examples are infringement of copyright, trademark, plagiarism, false light, public disclosure of private facts, libel or slander committed without malice, etc.
Cyber extortion (optional)
This covers money paid by an Insured to end a Security Threat that might otherwise harm the Insured.