Table 1 Showing the range of coverage available
From: Mapping the coverage of security controls in cyber insurance proposal forms
Coverage | What it covers |
|---|---|
First-party coverage | Coverage for the cost of replacing or restoring lost data. Excludes |
| Â | intellectual property. |
Data privacy and network | Coverage for liability claims of a third party like a data breach or |
Security Liability | Unintentional transmission of a computer |
Business interruption | Covers revenues lost as a result of network down time. |
Cyber-extortion | Cover for investigation costs, sometimes the extortion demand. |
Public relations | Fees for Public Relations firm to manage reputation in the event of a breach. |
Multi-media liability | Costs relating to the content of a firm’s website like copyright infringement. |
Professional services | Liability relating to a service offer such as web hosting or internet service. |