Cyber liability insurance
Third-party cyber liability insurance can pay for your business's legal expenses if one of your 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.
Technology errors and omissions insurance and cyber liability insurance both cover data breaches. The type of coverage your business needs depends on whether a cyberattack could damage your company, your clients, or both.
Cyber liability insurance covers expenses related to data breaches and cyberattacks. Policy costs are determined by how much sensitive information your business handles and other factors.