Cyber liability insurance helps businesses overcome data breaches and cyber attacks, by covering a variety of different risks. Coverages can be categorized under first-party or third-party. First-party covers losses and damage to the business, like business interruption or computer fraud. While third-party covers losses that an outside entity experiences due to a cyber breach, like transmission of a virus or malicious content and errors and omissions.
Cyber liability insurance will limit the risk of a cyber attack, but there are some ways you can help.