Coverage for costs associated with responding to a breach, such as forensic costs to confirm and identify the breach, costs to notify affected individuals, credit protection services including costs to staff a call center for redemption of monitoring offers, and crisis management and public relations costs.

Covers financial loss, such as business income when a company has its network-dependent revenue interrupted. Traditionally, this has been for fire, flood, etc. but technology growth has created new BI perils (viruses, tech failures, programming errors and computer hacking).

Covers costs to recreate or repair damaged or destroyed data, systems or programs. In a digital world, property is no longer exclusively tangible, so specialized coverage is needed to pay for intangible data recovery costs.

Covers the response costs and financial payments associated with network-based ransom demands. With the proliferation of ransomware such as Cryptolocker and anonymous currencies such as Bitcoin, network extortion demands are on the rise. In the digital world, intangible assets are 'kidnapped' and extorted with threats to shut down a system or divulge sensitive or proprietary information.

Coverage for acts of terrorism is included in your policy, as amended in 2015, by the TRIA (Terrorism Risk Insurance Act).

if your company processes credit / debit card transactions this coverage will be automatically included.

This additional endorsement to provide coverage (subject to the selected sublimit) for losses incurred when some criminal disguises as a vendor, client or employee and tricks the insured’s employee into transferring funds to an account not under the control of the company.