Is your ecommerce business ready for cyber liability insurance

Types of Coverage Available

Cyber liability insurance typically includes two main types of coverage: first-party and third-party. First-party coverage addresses direct losses incurred by the business, such as business interruption, data loss, and extortion payments. Third-party coverage, on the other hand, protects against claims from customers or partners affected by the breach. Understanding these coverage types is crucial when you search options to tailor a policy that fits your business needs.