AREAS OF FOCUS
cyber liability
A breach or hack in electronic data can incur costly expenses for your organization. Mitigate risks and safeguard your business from cyber crime with Cyber Liability Insurance. Protect yourself from potential digital vulnerability while handling sensitive data and technology systems.
Call 416.528.8305 for any questions about Cyber Liability.
Protect your business with cyber liability insurance in Ontario
Cyber liability insurance, also known as cyber risk insurance or cyber insurance, protects businesses that digitally handle sensitive information or electronic devices. This type of coverage will protect your business from claims arising from failure to secure private data or network. Examples include mishandling ownership information and financial statements.
If you have any form of data in your possession that could cause damages if it’s leaked, you need Cyber Liability Insurance coverage. Rest assured knowing that you can focus on excelling at what you do best while we use our expertise to protect your business.
learn more about cyber liability insurance
You may not realize it, but you have more digital assets than you think. This includes:
- Media files
- Financial statements
- Customer or client data, like credit card information
- Intellectual property (IP)
- Employee records
Unlike your traditional insurance policy, Cyber Liability Insurance considers new and unique risks that come with the nature of modern businesses. While it may not prevent cyber crimes, it can act as a safety net in your recovery plan against security breaches.
- Storing sensitive information from your client or other parties
- Using electronic devices (phones, laptops, hard drives) and cloud systems for data storage
- Providing products or services online
Numerous types of businesses of any size in many fields can benefit from Cyber Liability insurance, including:
- Information Technology (IT)
- Accountants
- Trucking Services
- Website Designers
- Manufacturing
- Administrative Services
- Law Firms
- Construction
- Retail
- Non-Profit
- and more
First Party coverages
- Loss or damage to data
- Loss of income
- Cyber extortion
- Business interruption and extra expenses
- Notification costs and credit monitoring
- Reputation management and PR
- Out-out-court settlements
- Legal and civil damages
- Privacy regulation claims
- The industry and services you provide
- Amount and sensitivity of data
- Level and type of risk exposure
- Size of your company
- Annual revenue
- Policy Terms
- Malware, ransomware, denial of service
- Social engineering or phishing
- Hacking
- Privacy risks
- Operational disruption

