CYBERCoverage Summary

In our increasing digital world, your organization’s data can be a valuable asset. Unfortunately, this can also turn into a significant and costly liability if the data falls in the wrong hands.

Since 2005 through November 30, 2015, there have been 5,754 reported privacy breaches, exposing over 856 million confidential records (IDTheftCenter.org).

In 2015 alone, almost 178 million records were exposed through security breaches, according to ITRC. Of all targeted attacks, 36% are directed at businesses with 250 or fewer employees. This is where your cyber liability insurance can help protect your business!!

INSURANCE HIGHLIGHTS

Legal counsel services

IT security and forensic experts

Public relations/advertising support

Breach notification

Call center and website support

Credit monitoring and identity theft

restoration services

PRODUCT FEATURES NAS’ core cyber liability coverage components include:

Multimedia Liability - Coverage for claims alleging copyright/trademark infringement, libel, slander, plagiarism and

personal injury resulting from dissemination of media material.

Security and Privacy Liability - Coverage for claims alleging the company’s failure to safeguard electronic or

non-electronic confidential information, or the failure to prevent virus attacks or the transmission of malicious code.

Privacy Regulatory Defense and Penalties - Coverage for government regulatory fines and penalties and/or regulatory

compensatory awards incurred by the Insured as a result of privacy regulatory proceedings/investigations brought

against the Insured by federal, state, or local governmental agencies, such as proceedings/investigations alleging

HIPAA violations.

Payment Card Industry Data Security Standard (PCI/DSS) fines and penalties

Privacy Breach Response Costs - Coverage for reasonable mitigation costs and expenses incurred as a result of a

privacy breach, security breach or adverse media report, including legal expenses, public relations expenses,

advertising and IT forensic expenses, postage, and the cost to provide call centers, credit monitoring and identity

theft assistance.

Network Asset Protection - Coverage to recover and/or replace electronic data that is compromised, damaged, lost,

erased or corrupted. Coverage also extends to business income loss and interruption expenses incurred by the Insured.

Cyber Extortion - Coverage for extortion expenses and extortion monies incurred as a direct result of a credible cyber

extortion threat.

Cyber Terrorism - Coverage for loss of business income and interruption expenses incurred as a direct result of a total

or partial interruption of the computer system due to an act of terrorism.

BrandGuard™ - Coverage for lost revenue directly resulting from an adverse media report and/or notification to

customers of a security or privacy breach.