Technology underpins the successful operation of businesses across the spectrum, whether that be safely storing customers’ personal information or financial data, connecting with customers through a website (marketing and selling products, servicing, invoicing and transacting), or relying on a network to support day-to-day operations.
In a global business milieu of strict privacy and data protection laws and increasingly prevalent hacking and cyber extortion, businesses suffering a compromise of these technologies are vulnerable to business interruption, lost income, crippling legal penalties and reputational damage.
LIU is poised to help.
At a glance:
- Protects intangible assets and operating systems
- Claims made insurance.
First party cover:
- Loss/damage to digital assets
- Business interruption
- Cyber extortion
- Data protection
- Reputational harm.
Third party cover:
- Privacy, confidentiality and security liability
- Regulation defence, awards and fines
- Customer care and reputational expense
- Multimedia liability.