Ransomware, data breaches, and fraudulent payment requests are now some of the most common and costly losses for businesses and public entities of every size. Cyber liability insurance pays to respond, recover, and defend you when it happens.
“Our liability, fleet, and cyber insurance that McBane has provided has increased our coverage at a lower cost.”
— Melissa Baker, Treasurer, United Local School District
First-party coverage: your own costs
- Breach response — forensic investigation, legal guidance, and public relations
- Notification and credit monitoring for affected customers or employees
- Ransomware and cyber extortion
- Data restoration and system recovery
- Business interruption — lost income while your systems are down
- Social engineering and funds-transfer fraud, often available as an add-on
Third-party coverage: claims against you
- Privacy liability if customers or employees sue after a breach
- Regulatory defense and certain fines and penalties where insurable
- Media liability for content on your website and social media
Who we insure
Retailers and restaurants that take card payments, medical and professional offices that hold personal information, contractors and manufacturers that rely on email and online banking, and school districts and public entities that hold resident and student data.
Cyber policies vary widely from carrier to carrier. As an independent agency, we compare coverage and help you through the application.
