Cyber Liability

What is Cyber Liability Coverage?

Cyber liability insurance covers data privacy, e-media and Internet liability, network security, infringement of intellectual property rights, and professional services. For an organization operating in today’s technology driven world, its computer network will more than likely provide internal and external email. Most have their own website providing information about the organization and even the possibility of e-commerce. Traditional liability products do not address Internet exposures, and the risks involved in Internet business have blossomed.

By disseminating information to the public via a website, commercial businesses now have some of the same exposures as publishers. These include conventional publishing exposures such as copyright infringement, defamation, and invasion of privacy, as well as emerging exposures related to operating on the Web. The universe of potential plaintiffs is staggering, given the number of people and organizations that are currently accessing the Internet. A potential legal action from just one of them could be costly.

Features of a Cyber Liability policy include

Liability Coverage

Privacy Liability
Network Security Liability
Media, IP, and Content Liability
Technology Services Liability

Expense (Loss Mitigation Coverage)

Data Breach Expenses
- Public relations expenses, consumer notification, and credit monitoring service costs
- Forensics/Investigations

Direct (First-Party) Coverage

Revenue Loss
Data Reconstruction
Extortion Costs

For more information, please contact your Client Service Consultant. Not currently a Holmes Murphy Fraternal Practice Client?

Please contact

Holmes Murphy Fraternal Practice
13810 FNB Parkway Suite 300
Omaha, NE 68154

Phone: (800) 736-4321
Fax: (800) 328.0522
Email: fraternalinsuranceapp@holmesmurphy.com