Cyber liability
If you keep customer, patient or employee data, take card payments or run on email and cloud software, a cyber incident can stop your business and expose you to claims. Cyber insurance pays to respond, recover and defend you.
Ransomware, data breaches and wire fraud hit small businesses too. Be ready.
What does cyber insurance cover?
Cyber liability insurance covers the costs of a data breach or cyberattack: forensic investigation, legal help, notifying affected people, credit monitoring, ransomware response, restoring data and income lost while your systems are down. It also covers your liability if customers or regulators bring claims over exposed data. Coverage for fraudulent wire transfers and invoice scams (social engineering) is often limited or added separately, so it's worth checking.
What it covers
Breach response
Forensics, legal counsel, notification letters, call centers and credit monitoring.
Ransomware and extortion
Expert negotiators and, where legal, the payment itself, plus restoring your systems.
Business interruption
Income lost and extra costs while your systems are down.
Funds transfer fraud
Money lost to fake invoices and spoofed email instructions, where included.
Privacy liability
Claims from customers and partners whose data was exposed, and regulatory defense.
Underwriting help
We walk you through the security questions carriers ask, like multi-factor authentication and backups.
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Frequently asked questions
We're a small business. Are we really a target?
Yes. Small and mid-sized businesses are frequent targets precisely because they have fewer defenses. Phishing email and stolen passwords are the most common ways in.
Doesn't our general liability policy cover this?
Usually not. Most general liability and property policies exclude or sharply limit cyber losses. A standalone cyber policy is the reliable way to cover them.
What do carriers require?
Most ask about multi-factor authentication, regular offline backups, endpoint protection and employee training. Having them in place often means better pricing and broader coverage.
Check your cyber exposure
We'll review what you'd need to qualify and compare cyber policies.