Cyber Liability Insurance in Providence, RI

Cyberattacks and data breaches can disrupt your business operations, expose confidential information and lead to costly recovery efforts. Incidents that occur elsewhere, such as a vendor’s data center, can also impact your business. Lefebvre Insurance Agency, Inc. offers coverage options designed to help manage these risks.

What Does Cyber Liability Insurance Cover?

Standard cyber liability insurance coverage may include the following:

• Data breach response coverage may assist with notifying affected individuals, credit monitoring and public relations support.
• Cyber extortion coverage may apply to ransomware and other extortion-related losses.
• Business interruption coverage may compensate for lost income if your operations are disrupted by a cyber event.
• Legal and regulatory costs coverage may pay for legal defense and regulatory fines related to data breaches.
• Third-party liability coverage may help if a client or partner sues your business due to a cyber incident.

What Types of Cyber Threats May Be Covered?

A cyber liability policy may address several common threats, such as:

• Incidents involving unauthorized access to private customer or employee information
• Attacks using malware or ransomware that can lock you out of critical systems
• Social engineering and phishing attempts that target your staff and business accounts, like deceptive emails tricking employees into revealing passwords or downloading harmful software
• Liability issues if a cyber event in your systems causes harm to others
• Expenses related to hiring forensic experts and managing communications with the public after a breach

How Much Does It Cost?

Pricing can vary depending on your business size, industry, coverage selections and the types of data you manage. Other factors, such as your security practices and claims history, may also influence your premium.

Secure A Policy Today

Contact Lefebvre Insurance Agency, Inc. to assess your digital risks and get a free quote. Explore tailored cyber liability solutions for your business with our team’s help.