Having the latest IT security technology, firewalls and encryption will reduce the risk of a cyber-attack or breach. And there are additional ways to improve security and reduce human error through staff education and effective password policies. However, none of these protections can prevent all cyber-attacks or data breaches. Cyber Liability insurance gives your peace of mind to know you are protected. It will cover the associated costs of a cyberattack, including privacy breach notifications, loss of income, recovery of network infrastructure, potential litigation and regulatory fines/penalties.