This document provides an overview of data breaches and cyber liability insurance. It defines a data breach as the loss, theft, or accidental release of personally identifiable information. The most common causes of breaches are unauthorized computer access, stolen laptops/disks, stolen credit card numbers, and lost paper files. Cyber liability insurance provides coverage for costs associated with notifying individuals of a breach, credit monitoring services, legal/forensic services, crisis management, and defense against third party lawsuits. The insurance also includes loss control services to help businesses prevent breaches and properly respond if one occurs.

1. DATA BREACH EXPOSURES
&
CYBER LIABILITY

2. OVERVIEW – DATA BREACH DEFINED
Loss, theft, accidental release or accidental publication of Personally
Identifiable Information (PII) including:
• Name & Addresses
• Dates of Birth
• Social security numbers
• Bank account numbers
• Credit Card detail
• Driver’s license numbers
• Patient history and any medical records

3. OVERVIEW – MOST COMMON BREACH OCCURRENCES
• Unauthorized Computer access – data management system has be
hacked
• Stolen or lost laptops or computer disks
• Stolen credit card information
• Stolen or lost paper files

4. OVERVIEW – WHO NEEDS DATA BREACH COVERAGE
Any business that handles or stores private information of customers, patients or
employees.
Key industries include:
• Professional Services: Lawyers, Accountants, Insurance Agents, anybody in the Financial
Service Industry
• Healthcare Providers
• Retailers & Restaurants based on the significant number of debit and credit card
transactions

5. INSURANCE IS NOW AVAILABLE
Coverage includes…
• 1st Party costs (our initial out of pocket expenses)
• 3rd Party actions (liability from any negligence)
• Risk Management Services

6. COVERAGE DETAILS – 1ST PARTY RESPONSE
EXPENSES
Coverage can include…
• Notification Expenses (additional labor hours and mailings)
• Services for the impacted individuals (credit monitoring, help lines)
• Legal & Forensic Services (who done it)
• Good Faith Advertising and Crisis Management (we’re sorry)

7. COVERAGE DETAILS – 3RD PARTY DEFENSE &
LIABILITY EXPENSES
When action is brought against you from a third party – Data Breach coverage would
include.
• Defense Costs
• Awards
• Available Limits: most companies start at $50,000

8. LOSS CONTROL SERVICES
Hot lines and websites are normally provided to manage the risk of loss.
• Tips and resources to help businesses minimize the chance for a breach and tips on protecting
personal information
• Detail provided for any statutes regulating businesses responsibilities
• Information on how to create a data breach incident response plan
• Guidance on what needs to be done if a breach occurs

9. Feel free to contact me with any questions…
Dan Zeiler
dan@zeiler.com
Direct Line: 708.293.5500
Zeiler Insurance Services, Inc.
12159 S. Pulaski Road
Alsip, IL 60803
www.zeiler.com