Cyber liability insurance is a type of business insurance product which protects your client’s business against both the legal costs and expenses (including compensation payments) related to cyber incidents. The coverage may generally include cover for expenses and legal costs relating to the following:

• • Data breaches
  • Theft or loss of client information
  • Business interruption costs
  • Forensic investigation
  • Data recovery
  • Extortion
  • Fines and penalties
  • Crisis management costs (to restore your client’s businesses reputation after an attack or data breach)
  • Legal costs from any ensuing civil action taken against your client’s company