Whether there is a loss, theft or unauthorized access to your customers’ or employees’ personal information, a privacy breach can have significant operational and reputational impact on your business.
Privacy breach coverage protects you from the damages of a privacy breach with:
Remediation expense coverage for certain expenses that could include notifying your customers; post-breach fraud or credit monitoring, and, and securing forensic services;
Business interruption coverage to cover certain loss of income resulting from the breach, including necessary extra expenses;
Legal expense coverage for certain legal fees or defence expenses from civil proceedings resulting from a covered privacy breach;
Optional third-party liability coverage for legally obligated compensation to other parties and resulting legal expenses.
This coverage also gives you access to expertise and tech support from CyberScout® available 24/7 to help minimize the occurrence of a privacy breach and provide expert assistance should a breach occur.
