First-Party Coverage
This plan provides coverage for direct losses incurred by the insured party, such as costs associated with data restoration, business interruption, and reputational damage.
Third-Party Coverage
Third-party coverage focuses on protecting the insured party against liabilities and legal claims brought by third parties. It covers costs related to legal defence, settlements, and regulatory fines.
Business Interruption Coverage
Business interruption coverage compensates for the financial losses resulting from a cyber incident that disrupts normal business operations. It includes coverage for lost revenue, additional expenses, and extra costs incurred to mitigate the impact of the interruption.
Crisis Management Coverage
This plan offers coverage for expenses related to crisis management and public relations efforts following a cyber incident. It may include costs for communication with affected individuals, public notifications, and reputation repair.