Posted by BlackFire Cyber Insurance on 
You’ll know you have adequate cyber coverage when your cyber policy offers the following coverages:
*Data Theft coverage
*Data breach notification cost
*Forensic Analysis to discover the amount of data stolen or damaged
*Notification cost
*Fines to pay the regulatory bodies and payment card industry
*Crisis management cost
*Public Relations/Reputational harm
*Defense, settlement, and Court costs and expenses
Above are just the bare minimum –
Today you would also want to ensure you have comprehensive coverage and that your coverages offer bigger limits for the above coverages.
Bonus: Cyber CRIME such as social engineering, ransomware, cyber extortion, invoice manipulation, telecom theft, fund or wire transfer fraud coverage – typically these are offered with sublimits and can be obtained for full limits.
Get in touch with us to ensure you are properly covered and your business is protected.
Filed Under: Business Insurance, cyber Insurance, Cyber Liability Coverage, personal information security breach | Tagged With: business liability, Cyber insurance, what does cyber insurance cover?