Data Breach Insurance, also known as Cyber Liability Insurance or Data Breach and Privacy Insurance, is designed to protect businesses from the financial and legal consequences of data breaches and cyber incidents. The specific coverages you need for Data Breach Insurance can vary depending on factors such as the size of your business, the nature of your data assets, and industry-specific requirements. However, here are some common coverages included in Data Breach Insurance policies:

1. Data Breach Response Expenses: Coverage for costs associated with responding to a data breach, including forensic investigation, notifying affected individuals, credit monitoring services, public relations efforts, and legal guidance.
2. Data Breach Liability: Protection against claims arising from the unauthorized access, use, or disclosure of personally identifiable information (PII) or protected health information (PHI) of individuals, including customers, employees, or other third parties.
3. Regulatory and Legal Defense Costs: Coverage for legal expenses and regulatory fines or penalties resulting from data breaches or privacy violations, including costs associated with defending against lawsuits or regulatory investigations.
4. Privacy Liability: Coverage for claims alleging invasion of privacy, failure to protect personal information, or violations of privacy laws or regulations.
5. Cyber Extortion and Ransomware: Protection against expenses related to cyber extortion attempts, ransomware attacks, or threats to release or destroy data unless a ransom is paid.
6. Business Interruption and Loss of Income: Coverage for loss of income and extra expenses incurred due to a cyber incident that disrupts your business operations, such as network downtime or service interruptions.
7. Data Restoration and Recovery: Coverage for expenses related to restoring or recovering lost, stolen, or damaged data, including data recovery services and system restoration.
8. Cybercrime and Fraud: Coverage for losses resulting from fraudulent or unauthorized electronic fund transfers, social engineering scams, or funds transfer fraud.
9. Multimedia Liability: Protection against claims related to defamation, libel, copyright infringement, or other intellectual property violations arising from your digital media content.
10. Network Security Liability: Coverage for claims alleging failure to adequately protect your computer systems and network infrastructure, resulting in unauthorized access, viruses, or other security breaches.