Cyber liability insurance
Third-party cyber liability insurance can pay for a business's legal expenses if one of its clients files a lawsuit after experiencing a data breach.
First-party cyber liability insurance protects small businesses against the financial impact of data breaches and cyberattacks.
Cyber extortion is an internet crime in which someone holds electronic files or your business data hostage until you pay a demanded ransom.
Cyber liability insurance covers the costs associated with data breaches and cyberattacks, including the cost of recovering important data and hiring legal representation.