It takes only one cyber attack or data security breach to impair your company’s financial results, or even potentially put you out of business. Just one stolen laptop, one resourceful hacker, one virus or even lost paper records can cause data breaches and impact the privacy of the data your organization stores. Finding and remedying a breach can be complex and expensive.
Travelers Canada’s cyber liability coverage solutions are specifically designed to help in the event of a cyber breach. Traveler's provides options that include coverage for forensic investigations and litigation expenses associated with the breach. Some of their coverage solutions also offer options for regulatory defense expenses and related fines, crisis management or public relations expenses, business interruption and cyber extortion.
At PV&V Insurance Centre, we're happy to partner with forward thinking companies like Travelers Canada to offer comprehensive cyber liability coverage. Cyber crime has become increasingly frequent, complex and costly, we want to ensure your business has the coverage options available to respond to these risks.
Put your data and network security to the test. Click here to take the Cyber Risk Pressure Test to see how your business would respond in the event of a breach.
Below you can find a number of potential cyber liability claim scenarios, and descriptions of how the coverage would respond:
