Privacy & Cyber Liability
One of the fastest growing risks for any company using technology is properly securing employee and customer personal data. Loss of such data can cost a company tens of thousands of dollars, and will absorb a significant amount of corporate officers’ time in legal notifications, as well as compliance with various state laws relating the breach or loss of private data. In most cases, existing General Liability or even Directors and Officers policies will not furnish adequate insurance for a data breach incident. Cyber and Privacy Liability may also extend to cover liability for errors in publishing data on websites or on social media sites.