Key features include:
Response Management: A CyberEdge policy provides access to a cyber-incident response team comprised of industry specialists and covers the PR costs of reducing the damage it could cause to your reputation. Includes forensic services following a data breach; assistance to repair company and individual reputations; breach response advisors and associated notification costs.
Data liability: Covers the financial consequences of lost or misappropriated customer or employee data.
Fines and investigations: Covers the potentially significant costs and expenses of a data protection regulator’s investigation and fines following data security breaches.
Electronic data: Covers the cost of restoring, recollecting or recreating data after a leak or breach.
Digital Media Liability: Covers the damages and defence costs incurred in connection with a breach of a third party's intellectual property rights, or negligence in connection with electronic content.
Cyber/Privacy Extortion (optional): Covers any ransom payments to third parties required to end an extortion threat.
Network Interruption (optional): Covers the loss of net profit due to an interruption to the customer’s network following a cyber breach.
Outsource Service Provider: covers losses and mitigation costs arising from an OSP failure