Cyber Liability is one of the fastest-growing types of crime in the world. Every business of every size faces cyber risk. Companies can be held liable for damages resulting from loss of confidential customer or business data and also face costs associated with responding to breaches and recovery after a loss.

You need cyber liability coverage if you could be responsible for or sustain a business loss due to, unintended spreading of malware or a deliberate act that prevents others from gaining access to your computer system through the Internet. If you accidentally lose or release your customers’ personal information, you will need coverage for data breach response expenses.