Cybercrime insurance covers your liability and any damages you suffer due to a cyberattack. Basic cyber-crime insurance cover may include:
- Your liability due to the loss or misappropriation of data
- The cost of notifying the data owners following data loss or misappropriation
- Fees for a specialist company to identify and plug the security breach
- The cost of restoring lost data
- The cost of republishing a damaged website online
- Lost income due to a cyberattack
- Crisis communication fees
- The ransom amount and specialist consultant fees in the event of extortion