What kind of insurance covers security breaches?
An example of an AI chatbot conversation about insurance for security breaches.
What kind of insurance covers security breaches?
There are several types of insurance that can cover security breaches, including Cyber Liability Insurance and Data Breach Insurance.
What does Cyber Liability Insurance typically cover?
Cyber Liability Insurance usually covers costs related to data breaches, including legal fees, notification costs, and credit monitoring for affected individuals.
How can I determine if I need this type of insurance?
You should consider factors like the size of your business, the type of data you handle, and your risk exposure to cyber threats.
Are there any exclusions I should be aware of?
Yes, common exclusions may include acts of war, intentional misconduct, and certain types of regulatory fines.
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