Cyber liability insurance

Because state laws regulate the investigation and handling of data breaches, it's important to know the notification requirements for your business location. Learn more about the laws for data breach notification in your state.

Cyber liability insurance covers expenses related to data breaches and cyberattacks. Policy costs are determined by factors like your policy limits and how much sensitive data your company handles.

Cyber liability insurance covers the costs associated with data breaches and cyberattacks, including the cost of recovering important data and hiring legal representation.

Data breach insurance safeguards businesses from the costs of a data breach or other cyber threats. Several insurance policies offer protection to cover data-breach related costs, such as client lawsuits and security fixes.

Evaluating the risk of a cyberattack for your industry and the related costs of data recovery and legal expenses can help you determine how much cyber liability insurance your small business needs.

Businesses in Ohio that experience a security breach of stored personal information must notify affected individuals within 45 days of its discovery.

According to state law, businesses in Texas that experience a breach of personal information must notify any affected residents, or face significant fines. They must also report the breach to the Texas Attorney General.

According to state law, businesses in Florida that experience a breach of personal information must notify affected residents within 30 days of its discovery. Failure to report a breach can result in expensive fines.

According to state law, businesses in Idaho that experience a data breach must notify affected residents. Failure to report a breach could result in an expensive fine.

According to state law, businesses in Hawaii that experience a data breach must notify affected residents without unreasonable delay. If more than 1,000 residents are affected, businesses must also notify the Hawaii Office of Consumer Protection.

Businesses in North Carolina that experience a breach of security must notify all affected residents and the Attorney General's Office. When a breach affects more than 1,000 people, the business must also notify nationwide consumer reporting agencies.

According to state law, businesses in Oklahoma that experience a data breach must notify affected residents "without unreasonable delay." Notices can be delivered by mail, telephone, or electronically, and must be submitted as soon as possible after discovery of the breach.