Commercial Coverage

Cyber Liability Insurance

Shield Your Business from Cyber Threats

Is Your Business Prepared for a Cyberattack?

Data breaches are up 72% in 2023, and ransomware attacks rose a staggering 128% between 2022 and 2023*. The average cost of a ransomware attack is a crippling $5.13 million**.

Don’t let a cyber incident devastate your business. Get a free Cyber Insurance quote today and protect your business from financial disaster.

What Does Cyber Liability Insurance Cover?

Cyber insurance is your defense against the growing threat of cybercrime.

It provides financial protection and critical resources to help you recover from a cyberattack, including:

Business Interruption Coverage

Recover lost revenue while you get your systems back online and operational.

Dependent Business Interruption

Protects you if a cyberattack on a vendor or supplier disrupts your operations.

Privacy & Data Breach Response

Covers legal fees, notification costs, and credit monitoring for affected customers in the event of a data breach.

Cyber Extortion

Provides assistance in navigating extortion attempts and may reimburse ransom payments (subject to policy terms).

Network Security & Breach Response

Covers the costs of forensic investigations, data recovery, and IT remediation efforts.

Hardware Replacement/Bricking

Pays to replace physical hardware rendered unusable by a cyberattack.

Media & Reputation Harm

Helps with public relations strategies to minimize damage to your brand image.

PCI Fines & Regulatory Defense

Provides coverage for fines and legal fees associated with data security compliance violations.

Funds Transfer Fraud

Reimburses you for funds lost due to fraudulent instructions or social engineering scams.

Tech E&O (Errors & Omissions)

Protects your business from liability claims related to negligent technology services.

Who Needs Cyber Liability Insurance?

Any business that stores sensitive data

This includes customer information, employee data, financial records, or intellectual property.

Businesses that rely on technology

If your operations depend heavily on computers and networks, a cyberattack can be especially disruptive.

Businesses in high-risk industries

Financial institutions, healthcare providers, retailers, and technology companies are prime targets for cybercriminals.

Why Small Businesses Need Cyber Insurance Even More

While all businesses are susceptible to cyberattacks, small businesses are disproportionately targeted, accounting for 43% of all cyberattacks according to the U.S. Small Business Administration***. Here’s why cyber insurance is crucial for your small business:

  • Limited Resources: A cyberattack can cripple your IT infrastructure and financial stability. Cyber insurance helps cover the costs of recovery, preventing a cyber incident from becoming a business closure.
  • Slower Detection: Small businesses often lack the advanced security measures of larger companies, making it harder to detect a cyberattack. The average time to identify a data breach is a staggering 118 days, leaving your business exposed for longer****. Cyber insurance can help expedite the detection and response process.
  • Higher Risk of Closure: 60% of small businesses fail within six months of a cyberattack****. Cyber insurance can provide the financial assistance needed to weather the storm and keep your doors open.

Don't be a statistic. Get a quick quote to see how affordable cyber insurance can be.

Why Choose Liberty for Your Cyber Insurance?

Fast and Efficient Claims Service

We know time is critical after a cyberattack. Our dedicated team will handle your claim quickly and efficiently.

Experienced Brokers

Our team has a deep understanding of the cyber insurance landscape and will find the right coverage at the best price.

Comprehensive Policies

We offer a wide range of coverage options to protect your business from all types of cyber threats.

Request A Quote

Ready to take control of your cybersecurity? Get the peace of mind your business deserves. Secure your free cyber insurance quote now!

Single Form - Cyber Liability
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