Insider's High Limit Cyber Coverage Secrets for Staffing

Key Features of High Limit Cyber Coverage

When considering high limit cyber coverage, it is essential to understand the key features that such policies typically include:

• Data Breach Response: Coverage for costs related to notifying affected individuals, credit monitoring services, and legal consultations.
• Business Interruption: Protection against income loss due to a cyber incident disrupting your operations.
• Cyber Extortion: Coverage for ransom payments and negotiation expenses in the event of a ransomware attack.
• Reputation Management: Support for public relations efforts to mitigate damage to your agency's reputation.
• Third-Party Liability: Protection against claims from clients or candidates whose data was compromised.

These features ensure that staffing agencies have a comprehensive safety net in the event of a cyber incident, allowing them to focus on their core operations without fear of financial ruin.