Cyber Risk Insurance

Organizations rely on technology and the safe processing and storage of data to conduct business on a daily basis. Ensuring the security of data information is becoming an increasingly difficult task, especially considering changing regulations. A failure in technology or data breach can have significant consequences not only on the balance sheet but also to your organization’s reputation.

Coverage Highlights

  • $1,000,000 per Claim and $1,000,000 Aggregate
  • Media Services Liability up to $1,000,000
  • Network Security Liability up to $1,000,000
  • Privacy Liability up to $1,000,000
  • Privacy Notifications Costs up to $50,000
  • Regulatory Proceedings up to $500,000
  • Extortion Threat up to $1,000,000
  • Crisis Management Expense up to $50,000
  • Business Interruption up to $500,000 

*Packages up to $5,000,000 each Claim and Aggregate are available

Click here for more information about our Cyber Risk Insurance.

Cyber in the News

We want to make you aware of the frequency and severity of cyber-attacks and data breaches. Stay up to date and informed on cyber risk in the news. Check back often for updated articles.

Ontario hospital website hacked by cybercriminals
Global annual tab for cyber crime US$445 billion, cyber insurance market forecast to grow to US$20 billion-plus by 2025: AGCS
You've Been Hacked!
Average total cost of a data breach in Canada is $5.32 million: Ponemon Institute
Cybersecurity awareness top of mind for internal auditors: Protiviti
Dutch government website outage caused by cyber attack
Linux makers release patch to thwart new 'Ghost' cyber threat
Cyberterrorists to target critical infrastructure
Quebec town says Islamic cyberattack on its website has them perplexed
How to safeguard brand reputation, reassure customers after security breach
Average claim payout for large company cyber breaches $2.9 million: survey
As computer hackers show cars can be commandeered, feds and automakers aim to block threats
Home Depot says hackers got access via vendor, also stole 53 million customer email addresses
POODLE Attack Padding Oracle On Downgraded Legacy Encryption
U.S. consumers hold companies responsible for loss of confidential information
Heartbleed bug used in huge Community Health Systems data breach
Cyber attacks an ongoing threat to business
Chinese cyberattack hits Canada's National Research Council
Chinese cyberattack forces computer shutdown at National Research Council
Toronto resident arrested as part of StubHub fraud ring
StubHub cybercrime attack leads to 10 arrests
Cyber risk landscape quickly evolving, need to prepare with appropriate coverage
Cyber Crime Transcends Big-Company Bias
Rouge Valley faces $400M class-action lawsuit over privacy breach
Economic impact of cyber crime estimated at $445 billion worldwide
IT practitioners surveyed report cyber threats 'sometimes fall through the cracks'
Public-private survey finds cybercrime rising
Majority of data breach respondents did not have cyber insurance
In wake of Target CEO's resignation, data breaches rise
Governments, private sector need a plan to address cyber risks
Internet Explorer bug lets hacker control your PC
Heartbleed bug's government impact may go far beyond Revenue Canada
Massive OpenSSL Bug 'Heartbleed' Threatens Sensitive Data
900 SINs stolen from the Canadian Revenue Agency via Heartbleed