Cyber Coverage Options and Tools to Safeguard Your Business
In today’s world, the question isn’t if your organization will face a cyberattack, but when. Cyber liability insurance offers comprehensive protection to help businesses defend against ransomware and other evolving cyber threats. With a Travelers CyberRisk policy, you not only gain financial protection but also access to tools and resources that help manage and reduce cyber risks before and after a breach.
Who Needs Cyber Liability Insurance?
Every business that relies on technology—whether a global enterprise or a small local shop—is exposed to cyber risk. As technology advances, so do the methods cybercriminals use. That’s why every organization needs both a strong cybersecurity strategy and cyber liability insurance to help mitigate risk.
At Travelers, we recognize the complexity of cyber threats and provide tailored insurance solutions designed to protect your business assets from costly consequences.
What Does Cyber Liability Insurance Cover?
Cyber liability insurance helps offset the financial impact of a cyberattack. Coverage may include:
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Forensic investigations to determine the source and scope of the attack
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Litigation expenses related to lawsuits filed after a breach
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Regulatory defense and fines arising from compliance issues
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Crisis management costs such as customer notification and credit monitoring
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Business interruption losses due to downtime
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Cyber extortion expenses in ransomware cases
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System betterment to restore and strengthen IT infrastructure
Travelers offers customized coverage options based on your organization’s risk profile, ensuring the right protection for your needs.
Travelers Cyber Insurance Solutions
From small businesses to Fortune 500 corporations, financial institutions, and nonprofit organizations, Travelers provides flexible cyber coverage tailored to your size and industry.
Whether your business processes credit card transactions (PCI), maintains a customer database (PII), or operates online, our policies are designed to keep pace with today’s sophisticated cyber threats.
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Available as a stand-alone policy or integrated with our management liability suite
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Broad coverage adaptable to multiple industries and business sizes
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Risk management resources to help prevent and respond to cyber incidents