Network Security and Privacy Liability
⇒ Network Security Liability
This cover ensures the covering by the Insurer of the following costs:
- The transmission of malware to a third party's computer system;
- Clients' computer systems being used to carry out a denial of service attack;
- Clients' failure to prevent unauthorized access to information stored or applications, hosted on clients' computer systems or a third party's computer systems;
- Identity theft, experienced by clients' employees, senior executive officers or any third party.
⇒ Privacy Liability
This cover ensures the covering by the Insurer of the following costs:
- An actual or suspected disclosure of or unauthorized access to any Personally Identifiable Information, including payment card information or Protected Health Information;\
- Clients' failure to adequately warn affected individuals of a privacy breach, including the failure to provide a data breach notification in a timely manner;
- A breach of any rights of confidentiality as a direct result of your failure to maintain the confidentiality of any data pertaining to an employee or a senior executive officer;
- A breach of any rights of confidentiality, including a breach of any provisions of a nondisclosure agreement or breach of a contractual warranty relating to the confidentiality of commercial information, Personally Identifiable Information, or Protected Health Information;
- A breach of any part of clients' privacy policy;
- Actual or suspected disclosure of or unauthorized access to your data or data for which clients are responsible.
⇒ Manage Liability y
The Insurer will pay on behalf of any senior executive officer all sums they become legally obliged to pay as a result of any claim made against them arising directly out of a cyber event first discovered by the client during the period of the policy.
The Insurer will also pay costs and expenses on behalf of clients' senior executive officers.
⇒ Regulatory Fines
The Insurer agrees to pay any fines and penalties resulting from a regulatory investigation arising as a direct result of a cyber event first discovered by clients during the period of the policy.
The Insurer agrees also to pay costs and expenses on the client's behalf.
⇒ PCI fines, Penalties and Assessments
The Insurer agrees to pay any fines, penalties and card brand assessments including fraud recoveries, operational reimbursements, non-cooperation costs and case management fees which clients become legally obliged to pay to clients' acquiring bank or payment processor as a direct result of a payment card breach first discovered by the client during the period of the policy.
The Insurer also covers costs and expenses.
BALKAN INSURANCE BROKER (PLC)
Balkan Insurance Broker (PLC)
Address: floor 9, 2A, Klokotnitsa St. business building IVEL, 1202 Sofia, Bulgaria
Phone: + 359 2 917 98 60, Email: cyberins@zbkbalkan.com
ADVANCED VISION IT - BULGARIA
Advanced Vision IT LTD
Address: 35 Dimitar Hadzhikotsev str. Ent A, Lozenets, Sofia, Bulgaria
ID No: 205789039, VAT No: BG205789039
Phone: +359 888 258 530, Email: office@advisionit.com
FREE CYBERSEC CONSULTATION FREE INSURANCE CONSULTATION