Beazley Global Breach Solution is a unique insurance, loss control and risk mitigation service that enables businesses to manage the growing responsibility of holding increasingly large quantities of personally identifiable customer data and to mitigate the reputational damage resulting from a data security breach.
The more data intensive a business, the greater is the risk that, at some point, sensitive customer data will be lost or stolen.
Managing data security is a major challenge globally but one that is key to maintaining customer loyalty and trust. This challenge can be met through a combination of tailored insurance cover, integrated risk management and third party protection.
And most other industries except for financial institutions.
- Information security and privacy liability
- Data breach response expenses
- Payment card industry (PCI) data security compliance
- Regulatory defence and penalties
- Website media content liability
- First party data protection
- Cyber extortion
- Business interruption - loss of income and extra expense.
Up to US $10,000,000 or local currency equivalent.